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PUBLIC LAW 111–203—JULY 21, 2010 124 STAT. 1539

SEC. 332. ELIMINATION OF PROCYCLICAL ASSESSMENTS.
Section 7(e) of the Federal Deposit Insurance Act is amended— 12 USC 1817.
(1) in paragraph (2)—
(A) by amending subparagraph (B) to read as follows:
‘‘(B) LIMITATION.—The Board of Directors may, in its
sole discretion, suspend or limit the declaration of payment
of dividends under subparagraph (A).’’;
(B) by amending subparagraph (C) to read as follows:
‘‘(C) NOTICE AND OPPORTUNITY FOR COMMENT.—The Regulations.
Corporation shall prescribe, by regulation, after notice and
opportunity for comment, the method for the declaration,
calculation, distribution, and payment of dividends under
this paragraph’’; and
(C) by striking subparagraphs (D) through (G); and
(2) in paragraph (4)(A) by striking ‘‘paragraphs (2)(D) and’’
and inserting ‘‘paragraphs (2) and’’.

SEC. 333. ENHANCED ACCESS TO INFORMATION FOR DEPOSIT INSUR-
ANCE PURPOSES.
(a) Section 7(a)(2)(B) of the Federal Deposit Insurance Act
is amended by striking ‘‘agreement’’ and inserting ‘‘consultation’’.
(b) Section 7(b)(1)(E) of the Federal Deposit Insurance Act
is amended—
(1) in clause (i), by striking ‘‘such as’’ and inserting
‘‘including’’; and
(2) in clause (iii), by striking ‘‘Corporation’’ and inserting
‘‘Corporation, except as provided in section 7(a)(2)(B)’’.

SEC. 334. TRANSITION RESERVE RATIO REQUIREMENTS TO REFLECT
NEW ASSESSMENT BASE.
(a) Section 7(b)(3)(B) of the Federal Deposit Insurance Act
is amended to read as follows:
‘‘(B) MINIMUM RESERVE RATIO.—The reserve ratio des-
ignated by the Board of Directors for any year may not
be less than 1.35 percent of estimated insured deposits,
or the comparable percentage of the assessment base set
forth in paragraph (2)(C).’’.
(b) Section 3(y)(3) of the Federal Deposit Insurance Act is 12 USC 1813.
amended by inserting ‘‘, or such comparable percentage of the
assessment base set forth in section 7(b)(2)(C)’’ before the period.
(c) For a period of not less than 5 years after the date of Time period.
the enactment of this title, the Federal Deposit Insurance Corpora- Public
tion shall make available to the public the reserve ratio and the information. 12 USC 1817
designated reserve ratio using both estimated insured deposits and note.
the assessment base under section 7(b)(2)(C) of the Federal Deposit
Insurance Act.
(d) RESERVE RATIO.—Notwithstanding the timing requirements
of section 7(b)(3)(E)(ii) of the Federal Deposit Insurance Act, the
Corporation shall take such steps as may be necessary for the
reserve ratio of the Deposit Insurance Fund to reach 1.35 percent
of estimated insured deposits by September 30, 2020.
(e) OFFSET.—In setting the assessments necessary to meet the

LAWS requirements of subsection (d), the Corporation shall offset the effect of subsection (d) on insured depository institutions with total consolidated assets of less than $10,000,000,000.PUBLIC with on anorris VerDate Nov 24 2008 16:32 Sep 08, 2010 Jkt 089139 PO 00203 Frm 00165 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 PUBL203