PUBLIC LAW 109–351—OCT. 13, 2006
120 STAT. 2007
address of the original creditor. Any collection activities and communication during the 30-day period may not overshadow or be inconsistent with the disclosure of the consumer’s right to dispute the debt or request the name and address of the original creditor.’’.
TITLE IX—CASH MANAGEMENT MODERNIZATION SEC. 901. COLLATERAL MODERNIZATION.
(a) IN GENERAL.—Section 9301(2) of title 31, United States Code, is amended to read as follows: ‘‘(2) ‘eligible obligation’ means any security designated as acceptable in lieu of a surety bond by the Secretary of the Treasury.’’. (b) USE OF ELIGIBLE OBLIGATIONS INSTEAD OF SURETY BONDS.— Section 9303(a)(2) of title 31, United States Code, is amended to read as follows: ‘‘(2) as determined by the Secretary of the Treasury, have a market value that is equal to or greater than the amount of the required surety bond; and’’. (c) TECHNICAL AMENDMENTS.—Section 9303 of title 31, United States Code, is amended— (1) in the section heading, by striking ‘‘Government obligations’’ and inserting ‘‘eligible obligations’’; (2) in subsection (f), by striking ‘‘Government obligations’’ and inserting ‘‘eligible obligations’’; (3) by striking ‘‘a Government obligation’’ each place that term appears and inserting ‘‘an eligible obligation’’; and (4) by striking ‘‘Government obligation’’ each place that term appears and inserting ‘‘eligible obligation’’.
TITLE X—STUDIES AND REPORTS SEC. 1001. STUDY AND REPORT BY THE COMPTROLLER GENERAL ON THE CURRENCY TRANSACTION REPORT FILING SYSTEM.
(a) IN GENERAL.—The Comptroller General of the United States shall conduct a study on the volume of currency transaction reports filed with the Secretary of the Treasury under section 5313(a) of title 31, United States Code. (b) PURPOSE.—The purpose of the study required under subsection (a) shall be— (1) to evaluate, on the basis of actual filing data, patterns of currency transaction reports filed by depository institutions of all sizes and locations; and (2) to identify whether and the extent to which the filing rules for currency transaction reports described in section 5313(a) of title 31, United States Code— (A) are burdensome; and (B) can or should be modified to reduce such burdens without harming the usefulness of such filing rules to Federal, State, and local anti-terrorism, law enforcement, and regulatory operations. (c) PERIOD COVERED.—The study required under subsection (a) shall cover the period beginning at least 3 calendar years prior to the date of enactment of this section.
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