Title 12, Banks and BankingRelease 119-110
§5253 Emergency Treatment
Title 12 › CHAPTER 52 — EMERGENCY ECONOMIC STABILIZATION › SUBCHAPTER II — BUDGET-RELATED PROVISIONS › § 5253
Summary
Treats all parts of this chapter as emergency spending under section 204(a) of S. Con. Res. 21 (110th Congress), the concurrent resolution on the budget for fiscal year 2008. Any cuts (rescissions) of money in this chapter must not be counted for budget enforcement.
Full Legal Text
Title 12, §5253
Banks and Banking, Source: USLM XML via OLRC
All provisions of this chapter are designated as an emergency requirement and necessary to meet emergency needs pursuant to section 204(a) of S. Con. Res 21 (110th Congress), the concurrent resolution on the budget for fiscal year 2008 and rescissions of any amounts provided in this chapter shall not be counted for purposes of budget enforcement.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This chapter, referred to in text, was in the original “this Act” and was translated as reading “this division”, meaning div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, known as the Emergency Economic Stabilization Act of 2008, to reflect the probable intent of Congress. For complete classification of division A to the Code, see
Short Title
note set out under section 5201 of this title and Tables. S. Con. Res. 21 (110th Congress), referred to in text, is S. Con. Res. 21, May 17, 2007, 121 Stat. 2590, which is not classified to the Code.
Reference
Citations & Metadata
Citation
12 U.S.C. § 5253
Title 12, Banks and Banking
Last Updated
Sep 23, 2026
Release point: 119-110