12 U.S.C. § 16

Funding of Office

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The Comptroller of the Currency may collect an assessment, fee, or other charge from any entity described in section 1813(q)(1) of this title, as the Comptroller determines is necessary or appropriate to carry out the responsibilities of the Office of the Comptroller of the Currency. In establishing the amount of an assessment, fee, or charge collected from an entity under this section, the Comptroller of the Currency may take into account the nature and scope of the activities of the entity, the amount and type of assets that the entity holds, the financial and managerial condition of the entity, and any other factor, as the Comptroller of the Currency determines is appropriate. Funds derived from any assessment, fee, or charge collected or payment made pursuant to this section may be deposited by the Comptroller of the Currency in accordance with the provisions of section 192 of this title. Such funds shall not be construed to be Government funds or appropriated monies, and shall not be subject to apportionment for purposes of chapter 15 of title 31 or any other provision of law. The authority of the Comptroller of the Currency under this section shall be in addition to the authority under subchapter XV of chapter 3.

The Comptroller of the Currency shall have sole authority to determine the manner in which the obligations of the Office of the Comptroller of the Currency shall be incurred and its disbursements and expenses allowed and paid, in accordance with this section, except as provided in chapter 71 of title 5 (with respect to compensation).

Notes of Decisions

Cited in 8 cases (5 in the last 5 years), 2013–2025 · leading case: Consum. Fin. Prot. Bureau v. Cmty. Fin. Servs. Assn. of Am., Ltd., 601 U.S. 416 (2024).

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Consum. Fin. Prot. Bureau v. Cmty. Fin. Servs. Assn. of Am., Ltd., 601 U.S. 416 (2024). · cites it 2× “” 12 U. S. C. § 16 ; see also Act of Feb. 19, 1875, ch.”

Consum. Fin. Prot. Bureau v. Cmty. Fin. Servs. Assn. of Am., Ltd., 601 U.S. 416 (2024). · cites it 2× “” 12 U. S. C. §16 ; see also Act of Feb. 19, 1875, ch.”

Gordon v. Kohl's Dep't Stores, Inc., 172 F. Supp. 3d 840 (E.D. Pa. 2016). “Title 62 of the Revised Statutes refers to the NBA, as codified at 12 U.S.C. §§ 16 , 21, 22-24a, 25a, 26-27, 29, 35-37, 39, 43, 52, 53, 55-57, 59-62, 66, 71, 72-76, 81, 83-86, 90, 91, 93, 93a, 94, 141-144, 161, 164, 181, 182, 192-194, 196, 215c, 481-85, 501, 541, 548, 582.”

Consum. Fin. Prot. Bureau v. Cmty. Fin. Servs. Assn. of Am., Ltd., 601 U.S. 416 (2024). · cites it 2× “And they generally may devote the funds they collect to any of a range of activities. For example, the Offce of the Comptroller of the Currency has authority to levy assessments on banks as “necessary or ap- propriate to carry out [its] responsibilities.”

FCC v. Consumers' Rsch. (2025). · cites it 2× “, 12 U. S. C. §§16 , 243, 1815(d)(1). Consumers’ Research re- sponds that those other statutes can be distinguished as imposing fees, rather than taxes, and thus be exempted from its numeric-limit re- quirement.”

Bureau of Consum. Fin. Prot. v. Fair Collections & Outsourcing, Inc. (D. Maryland 2020). “Ultimately, the key inquiry for separation-of-powers purposes is whether Congress, rather than the executive or judicial branches, exercised the power of the purse.”

Consum. Fin. Prot. Bureau v. All Am. Check Cashing, Inc. (S.D. Miss. 2022). “§§ 1815 (d) (allowing Federal Deposit Insurance Corporation to prescribe and collect fee sufficient to “establish and maintain” its reserve ratio), 1820(e) (similar for examination fee); 12 U.S.C. § 16 (permitting Comptroller of Currency to collect fee from regulated entities…”

Sequestration of Pub. Co. Acct. Oversight Bd. Funds (OLC 2013). “V 2012) (Corpora- tion for Travel Promotion); 12 U.S.C. § 16 (2012) (Office of the Comp- troller of the Currency); id.”

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