FOR IMMEDIATE RELEASE
May 31, 1996
Contact: Public Affairs
Economic Growth and Regulatory Paperwork Reduction Act of 1996
TO: Chief Executive Officers and Compliance Personnel of all National Banks
The attached summary highlights the major provisions of the "Economic Growth and Regulatory Paperwork Reduction Act of 1996," which was signed into law on September 30, 1996. This legislation amends many laws that affect national banks, consumers, and the Office of the Comptroller of the Currency (OCC). Many of its provisions were effective on the date of enactment.
This document briefly describes only the highlights of the legislation. A more detailed section-by-section analysis is available through the OCC's Internet site, http://www.occ.treas.gov. This section-by-section analysis also may be obtained through the OCC's Communications Division, 250 E Street, SW, Washington, DC 20219, 202-874-4700, and through the OCC's District Offices.
Julie L. Williams
# # #