UPDATE ON REVIEW OF REGULATIONS AND PAPERWORK REDUCTIONS.

SEC. 402. UPDATE ON REVIEW OF REGULATIONS AND PAPERWORK REDUCTIONS. Not later than 1 year after the date of enactment of this Act, the Federal banking agencies shall submit a report to the Congress detailing their progress in carrying out section 303(a) of the Riegle Community Development and Regulatory Improvement Act of 1994, since their submission of the report dated September 23,1996, as required by section 303(a)(4) of that Act.