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TREAS/OCC RIN: 1557-AE95 Publication ID: Spring 2021 
Title: Assessment of Fees 
Abstract:

The OCC adopted an interim final rule to reduce assessments in response to the national emergency declared in connection with coronavirus disease 2019 (COVID19). Under the interim final rule, assessments due on September 30, 2020, for national banks, Federal savings associations, and Federal branches and agencies of foreign banks (collectively, banks under the jurisdiction of the OCC) were calculated using the December 31, 2019, "Consolidated Reports of Condition and Income" (Call Report) for each institution, rather than the June 30, 2020 Call Report. This will result in lower assessments for most banks under the jurisdiction of the OCC. In the event a bank’s assets as reported on the June 30, 2020, Call Report were lower than on the December 31, 2019, Call Report, the OCC calculated the assessment due on September 30, 2020, for the institution using the June 30, 2020, Call Report.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 8   
Legal Authority: 12 U.S.C. 16    12 U.S.C. 93a    12 U.S.C. 481    12 U.S.C. 482    12 U.S.C. 1467    12 U.S.C. 1831c    12 U.S.C. 1867    12 U.S.C. 3102    12 U.S.C. 3108    12 U.S.C. 5412(b)(2)(B)    15 U.S.C. 78c    15 U.S.C. 78l   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  06/24/2020  85 FR 37731   
Interim Final Rule Effective  06/24/2020 
Interim Final Rule Comment Period End  07/24/2020 
Final Rule  12/00/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2020-0024   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2020-0024  
RIN Data Printed in the FR: No 
Agency Contact:
Mitchell Plave
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6285
Email: mitchell.plave@occ.treas.gov