WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 46

12 U.S.C. 4516: Funding

Created in 1992 by Public Law 102-550. Changed by 3 later laws. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 12 U.S.C. 1455, 12 U.S.C. 1719, 12 U.S.C. 4513b.

1 part of federal rules cite it as their authority, written by Federal Housing Finance Agency (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2008

    • Pub. L. 110–289, §1106(1), added subsec. (a) and struck out former subsec. (a). Prior to amendment, text read as follows: "The Director may, to the extent provided in appropriation Acts, establish and collect from the enterprises annual assessments in an amount not exceeding the amount… (Housing and Economic Recovery Act of 2008) Law text · (a)
    • Pub. L. 110–289, §1106(2), realigned margins, added par. (2), and redesignated former pars. (2) and (3) as (3) and (4), respectively. (Housing and Economic Recovery Act of 2008) Law text · (b)
    • Pub. L. 110–289, §1106(3), added subsec. (c) and struck out former subsec. (c). Prior to amendment, text read as follows: "The semiannual payments made pursuant to subsection (b) of this section by any enterprise that is not classified (for purposes of subchapter II of this chapter) as… (Housing and Economic Recovery Act of 2008) Law text · (c)
    • Pub. L. 110–289, §1106(4), substituted "Except with respect to amounts collected pursuant to subsection (a)(3), if" for "If". (Housing and Economic Recovery Act of 2008) Law text · (d)
    • Pub. L. 110–289, §1106(5), added subsecs. (e) to (h) and struck out former subsecs. (e) to (g) which related, respectively, to initial special assessment, the Federal Housing Enterprises Oversight Fund, and budget and financial reports. (Housing and Economic Recovery Act of 2008) Law text · (e), (f), (g), (h)

    1996

    • Pub. L. 104–134 added par. (2) and struck out heading and text of former par. (2). Text read as follows: "The annual assessment shall be payable semiannually on September 1 and March 1 of the year for which the assessment is made." (Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1996.) Law text · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.