§150.4. Calculation of assessment basis.
31 C.F.R. § 150.4
For each assessment period, the Department will calculate an assessment basis that shall be sufficient to replenish the Financial Research Fund to a level equivalent to the sum of:
Budgeted operating expenses for the OFR for the applicable assessment period;
Budgeted operating expenses for the Council for the applicable assessment period;
Budgeted capital expenses for the OFR for the 12-month period beginning on the first day of the applicable assessment period;
Budgeted capital expenses for the Council for the 12-month period beginning on the first day of the applicable assessment period; and
An amount necessary to reimburse reasonable implementation expenses of the Corporation as provided under section 210(n)(10) of the Dodd-Frank Act.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 5345; 31 U.S.C. 321; 12 U.S.C. 5365 note (Section 401(d), Pub. L. 115-174, 132 Stat. 1358; Section 401(f), Pub. L. 115-174, 132 Stat. 1359).
Source
Source: 85 FR 15380, Mar. 18, 2020, unless otherwise noted.