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 PUBLIC LAW 105-24 -^ULY 3, 1997 111 STAT. 239 (b) LAW APPLICABLE TO INTERSTATE BRANCHING OPERATIONS.— Section 5155(f)(1) of the Revised Statutes (12 U.S.C. 36(f)(1)) is amended by adding at the end the following: "(C) REVIEW AND REPORT ON ACTIONS BY COMPTROL- LER. —The Comptroller of the Currency shall conduct an annual review of the actions it has taken with regard to the applicability of State law to national banks (or their branches) during the preceding year, and shall include in its annual report required under section 333 of the Revised Statutes (12 U.S.C. 14) the results of the review and the reasons for each such action. The first such review and report after the date of enactment of this subparagraph shall encompass all such actions taken on or after January 1, 1992.". SEC. 3. RIGHT OF STATE TO OPT OUT 12 USC 1831a Nothing in this Act alters the right of States under section 525 of Public Law 96-221. Approved July 3, 1997. LEGISLATIVE HISTORY—H.R. 1306: CONGRESSIONAL RECORD, Vol. 143 (1997): May 21, considered and passed House. June 12, considered and passed Senate, amended. June 24, House concurred in Senate amendment.

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