OCC 2006-36 OCC Bulletin Subject: Assessment of Fees Description: Final Rule Date: August 15, 2006 TO: Chief Executive Officers of All National Banks, Federal Branches and Agencies, Department and Division Heads, and All Examining Personnel On July 25, 2006, the Office of the Comptroller of the Currency (OCC) published in the Federal Register the attached final rule amending part 8 of the OCC's rules concerning the timing of payments of OCC assessments. The effective date of the final rule is August 24. The final rule adopts, without change, an interim final rule that revised the OCC's assessment collection process. Under the interim final rule and this final rule, the OCC, rather than each national bank, calculates the semiannual assessment based on the most recent Consolidated Reports of Condition and Income (call report), and the assessment is due two months later than under the prior system. Thus, payments that were previously due on January 31 and July 31 of each year are instead due on March 31 and September 30 of each year. The final rule is identical to the interim rule, which changed the invoicing process only; it did not change the method of calculating assessments due from national banks or the amount of national banks' assessments. For further information, contact Colette Baylson, Accounting Operations Manager, Financial Management, at (202) 874-4403, or Jean Campbell, Senior Attorney, or Mitchell Plave, Counsel, in the Legislative and Regulatory Activities Division at (202) 874-5090. /s/ ______________________________________ Julie L. Williams, First Senior Deputy Comptroller and Chief Counsel Attachment: 71 FR 42017 [http://www.occ.treas.gov/fr/fedregister/71fr42017.pdf]