---
kind: "section"
citation: "12 U.S.C. § 5016"
title: "12"
title_heading: "Banks and Banking"
number: "5016"
heading: "Statistical reporting of costs and revenues for transporting checks between reserve banks"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/5016"
units:
  - "Chapter 50 — Check Truncation"
---

# §5016. Statistical reporting of costs and revenues for transporting checks between reserve banks


In the annual report prepared by the [Board](/usc/12/5002.md?p=4) for the first full calendar year after October 28, 2003, and in each of the 9 subsequent annual reports by the [Board](/usc/12/5002.md?p=4), the [Board](/usc/12/5002.md?p=4) shall include the amount of operating costs attributable to, and an estimate of the Federal Reserve [banks](/usc/12/5002.md?p=2)’ imputed revenues derived from, the transportation of commercial [checks](/usc/12/5002.md?p=6) between Federal Reserve [bank](/usc/12/5002.md?p=2) [check](/usc/12/5002.md?p=6) processing centers.


## Source credit

(Pub. L. 108–100, § 17, Oct. 28, 2003, 117 Stat. 1191.)

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title.