FEDERAL DEPOSITORY INSTITUTIONS REGULATORY AGENCIES NOT SUBJECT TO SEQUESTRATION.

SEC. 506. FEDERAL DEPOSITORY INSTITUTIONS REGULATORY AGENCIES NOT SUBJECT TO SEQUESTRATION. (a) In General.— Paragraph (1) of section 255(g) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended— (1) by inserting after the item relating to compensation of the President the following new item: “Comptroller of the Currency;”; (2) by inserting after the item relating to the exchange stabilization fund the following new items: “Federal Deposit Insurance Corporation; “Federal Home Loan Bank Board; “Federal Home Loan Bank Board, Federal Savings and Loan Insurance Corporation;”; and (3) by inserting after the item relating to intragovernmental funds the following new items: “National Credit Union Administration; “National Credit Union Administration, central liquidity facility; “National Credit Union Administration, credit union share insurance fund;”. (b) Certain Expenses.— Section 256(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended by adding at the end thereof the following new paragraph: “(4) Notwithstanding any other provision of law, this subsection shall not apply with respect to the following: “(A) Comptroller of the Currency. “(B) Federal Deposit Insurance Corporation. “(C) Federal Home Loan Bank Board. “(D) Federal Savings and Loan Insurance Corporation. “(E) National Credit Union Administration. “(F) National Credit Union Administration, central liquidity facility.”.