Page:United States Statutes at Large Volume 120.djvu/2060

 PUBLIC LAW 109–356—OCT. 16, 2006

120 STAT. 2029

(c) DEPOSITORY INSTITUTION DEREGULATION AND MONETARY CONTROL ACT OF 1980.—Part C of title VII of the Depository Institution Deregulation and Monetary Control Act of 1980 is amended— (1) in paragraph (1) of section 731 (12 U.S.C. 216(1)) by striking ‘‘and closed banks in the District of Columbia’’; and (2) in paragraph (2) of section 732 (12 U.S.C. 216a(2)) by striking ‘‘or closed banks in the District of Columbia’’. (d) FEDERAL DEPOSIT INSURANCE ACT.—Section 3(a)(2)(B) of the Federal Deposit Insurance Act (12 U.S.C. 1813(a)(2)(B)) is amended by striking ‘‘(except a national bank)’’. (e) NATIONAL BANK CONSOLIDATION AND MERGER ACT.—Section 7(1) of the National Bank Consolidation and Merger Act (12 U.S.C. 215b(1)) is amended by striking ‘‘(except a national banking association located in the District of Columbia)’’. (f) AN ACT OF AUGUST 17, 1950.—Section 1(a) of the Act entitled ‘‘An Act to provide for the conversion of national banking associations into and their merger or consolidation with State banks, and for other purposes’’ and approved August 17, 1950 (12 U.S.C. 214(a)) is amended by striking ‘‘(except a national banking association)’’. (g) FEDERAL TRADE COMMISSION ACT.—Section 18(f)(2) of the Federal Trade Commission Act (15 U.S.C. 57a(f)(2)) is amended— (1) in subparagraph (A), by striking ‘‘, banks operating under the code of law for the District of Columbia,’’; and (2) in subparagraph (B), by striking ‘‘and banks operating under the code of law for the District of Columbia’’. SEC. 124. DISTRICT OF COLUMBIA SCHOOLS FISCAL YEAR.

Section 441(b)(2) of the District of Columbia Home Rule Act (section 1–204.41, D.C. Official Code) is amended by striking ‘‘shall begin’’ and inserting ‘‘may begin’’. SEC. 125. GIFTS TO LIBRARIES.

Section 115(c) of title III of division C of Public Law 108– 7 in amended by inserting ‘‘and the District of Columbia Public Libraries’’ before the period.

TITLE II—INDEPENDENCE OF THE CHIEF FINANCIAL OFFICER SEC. 201. PROMOTING INDEPENDENCE OF CHIEF FINANCIAL OFFICER.

(a) IN GENERAL.—Section 424 of the District of Columbia Home Rule Act (sec. 1–204.24a et seq., D.C. Official Code) is amended to read as follows: ‘‘CHIEF

FINANCIAL OFFICER OF THE DISTRICT OF COLUMBIA

‘‘SEC. 424. (a) IN GENERAL.— ‘‘(1) ESTABLISHMENT.—There is hereby established within the executive branch of the government of the District of Columbia an Office of the Chief Financial Officer of the District of Columbia (hereafter referred to as the ‘Office’), which shall be headed by the Chief Financial Officer of the District of Columbia (hereafter referred to as the ‘Chief Financial Officer’). ‘‘(2) ORGANIZATIONAL ANALYSIS.— ‘‘(A) OFFICE OF BUDGET AND PLANNING.—The name of the Office of Budget and Management, established by

VerDate 14-DEC-2004

13:05 Jul 12, 2007

Jkt 059194

PO 00002

Frm 00773

Fmt 6580

Sfmt 6581

E:\PUBLAW\PUBL002.109

APPS06

PsN: PUBL002

�