Office of the Comptroller of the Currency--Disposition of Amounts Received Through Its Lease of Office Space

The Office of the Comptroller of the Currency (OCC) has the authority to retain amounts received through its lease of the former Office of Thrift Supervision (OTS) headquarters building according to its authority under 12 U.S.C. 481, 482. Together these provisions serve as an exception to the miscellaneous receipts statute. OCC became a successor lessor to a federal agency, as well as to retail lessees, when the Dodd-Frank (Dodd-Frank) Wall Street Reform and Consumer Protection Act abolished OTS and transferred many functions, personnel, and property to OCC. Dodd-Frank gave OCC the authority to lease the property. OCC had existing authority under 12 U.S.C. 482 to impose and collect charges to carry out its responsibilities. OCC's existing authority under 12 U.S.C. 482, read together with its new responsibilities under Dodd-Frank, permit the agency to lease the former OTS building and to collect amounts from its lessees to carry out its responsibilities with respect to the building. Pursuant to OCC's authority under 12 U.S.C. 481, OCC may deposit these collections into any regular government depository, or into any State or national bank, and such amounts are not to be construed as appropriated funds.