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TREAS/OCC RIN: 1557-AB98 Publication ID: Fall 2005 
Title: Community Reinvestment Act Regulation (12 CFR 25) 
Abstract: OCC, together with the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, revised certain provisions of its rules implementing the Community Reinvestment Act (CRA). This rulemaking addresses the regulatory burden imposed on smaller banks by revising the eligibility requirements for CRA evaluation under the lending, investment, and service tests. The rulemaking adds a new community development test for banks with at least $250 million and less than $1 billion in assets. This rulemaking also revises the definition of the term "community development" to include affordable housing and revitalization and stabilization in underserved rural areas and designated disaster areas and revises the regulation to address the impact on a bank's CRA rating of evidence of discrimination or other illegal credit practices. 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 25   
Legal Authority: 12 USC 21    12 USC 22    12 USC 26    12 USC 27    12 USC 30    12 USC 36    12 USC 93a    12 USC 161    12 USC 215    12 USC 215a    12 USC 481    12 USC 1814    12 USC 1816    12 USC 1828(c)    12 USC 1835a    12 USC 2901 to 2907    12 USC 3101 to 3111   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  07/19/2001  66 FR 37602   
ANPRM Comment Period End  10/17/2001  66 FR 37602   
NPRM  02/06/2004  69 FR 5729   
NPRM Comment Period End  04/06/2004  69 FR 5729   
NPRM  03/11/2005  70 FR 12148   
NPRM Comment Period End  05/10/2005  70 FR 12148   
Final Action  08/02/2005  70 FR 44256   
Final Action Effective  09/01/2005    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
Agency Contact:
Patrick T. Tierney
Counsel
Department of the Treasury
Comptroller of the Currency
Legislative and Regulatory Activities Division, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6291
Email: patrick.tierney@occ.treas.gov