§1834b. Community development organizations — Inbound Citations

Citations to 12 U.S.C. § 1834b as a whole

• 12 U.S.C. § 1834a(a)(3)

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  (3) The amount of any community enterprise assessment credit available under section 1817(b)(7) of this title for any insured depository institution, or a qualified portion thereof, shall be the amount which is equal to 5 percent, in the case of an institution which does not meet the community development organization requirements under section 1834b of this title, and 15 percent, in the case of an institution, or a qualified portion thereof, which meets such requirements (or any percentage designated under paragraph (5)) of—

  (A) for the first full semiannual period in which community enterprise assessment credits are available, the sum of—

  (i) the amounts of assets described in paragraph (2)(A); and

  (ii) the amounts of deposits, loans, and other financial assistance described in paragraph (2)(B); and

  (B) for any subsequent semiannual period, the sum of—

  (i) any increase during such period in the amount of assets described in paragraph (2)(A) that has been deemed eligible for credit by the Board; and

  (ii) any increase during such period in the amounts of deposits, loans, and other financial assistance described in paragraph (2)(B) that has been deemed eligible for credit by the Board.
• 12 U.S.C. § 1834a(a)(5)

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  (5) The Board may increase or decrease the percentage referred to in paragraph (3)(A) for determining the amount of any community enterprise assessment credit pursuant to such paragraph, except that the percentage established for insured depository institutions which meet the community development organization requirements under section 1834b of this title shall not be less than 3 times the amount of the percentage applicable for insured depository institutions which do not meet such requirements.
• 12 U.S.C. § 4713(b)(3)(A)

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  “(A) with respect to qualifying activities described in paragraph (2)(A), the amount which is equal to—

  “(i) 5 percent of the sum of the amounts determined under such subparagraph, in the case of an institution which is not a community development financial institution; or

  “(ii) 15 percent of the sum of the amounts determined under such subparagraph, in the case of an institution which is a community development financial institution; and