# 12 U.S.C. § 5497: Funding; penalties and fines

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t12_s5497

## Section

- **Citation:** 12 U.S.C. § 5497
- **Heading:** Funding; penalties and fines
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** July 23, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—BANKS AND BANKING > CHAPTER 53—WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER V—BUREAU OF CONSUMER FINANCIAL PROTECTION > Part A—Bureau of Consumer Financial Protection

## Text

Each year (or quarter of such year), beginning on the designated transfer date, and each quarter thereafter, the Board of Governors shall transfer to the Bureau from the combined earnings of the Federal Reserve System, the amount determined by the Director to be reasonably necessary to carry out the authorities of the Bureau under Federal consumer financial law, taking into account such other sums made available to the Bureau from the preceding year (or quarter of such year).

( Pub. L. 111–203, title X, § 1017 , July 21, 2010 , 124 Stat. 1975 ; Pub. L. 119–21, title III, § 30001 , July 4, 2025 , 139 Stat. 126 .)

## Nearby sections

- [12 U.S.C. § 5491 Establishment of the Bureau of Consumer Financial Protection](https://www.frixlaw.com/law-library/statutes/usc_t12_s5491.md)
- [12 U.S.C. § 5492 Executive and administrative powers](https://www.frixlaw.com/law-library/statutes/usc_t12_s5492.md)
- [12 U.S.C. § 5493 Administration](https://www.frixlaw.com/law-library/statutes/usc_t12_s5493.md)
- [12 U.S.C. § 5494 Consumer Advisory Board](https://www.frixlaw.com/law-library/statutes/usc_t12_s5494.md)
- [12 U.S.C. § 5495 Coordination](https://www.frixlaw.com/law-library/statutes/usc_t12_s5495.md)
- [12 U.S.C. § 5496 Appearances before and reports to Congress](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496.md)
- [12 U.S.C. § 5496a Annual audits](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496a.md)
- [12 U.S.C. § 5496b GAO study of financial regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s5496b.md)
- [12 U.S.C. § 5497 Funding; penalties and fines](https://www.frixlaw.com/law-library/statutes/usc_t12_s5497.md)
- [12 U.S.C. § 5498 Data standards](https://www.frixlaw.com/law-library/statutes/usc_t12_s5498.md)
- [12 U.S.C. § 5499 Open data publication](https://www.frixlaw.com/law-library/statutes/usc_t12_s5499.md)
- [12 U.S.C. § 5511 Purpose, objectives, and functions](https://www.frixlaw.com/law-library/statutes/usc_t12_s5511.md)
- [12 U.S.C. § 5512 Rulemaking authority](https://www.frixlaw.com/law-library/statutes/usc_t12_s5512.md)
- [12 U.S.C. § 5513 Review of Bureau regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s5513.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t12_s5497. Check the current official text before relying on it. Not legal advice.