SEC. 3. STUDY AND TECHNICAL RECOMMENDATIONS BY
FBI.
(a) IN GENERAL.—Chapter 33 of title 28, United
States Code, is amended by adding at the end the follow-
ing:
‘‘§ 540B. Technical recommendations on surveillance
equipment
‘‘(a) REVIEW OF CRIME PREVENTION STANDARDS
AND PROCEDURES.—In order to reduce the incidence of
crimes under section 2113 of title 18, other violations of
such title, and other criminal activity on the property of
or in the vicinity of financial institutions (as defined in
section 20 of such title) and to facilitate more effective
prosecutions of such crimes, the Director of the Federal
Bureau of Investigation shall periodically review the
standards and procedures applicable with respect to secu-
rity requirements established under section 3 of the Bank
Protection Act of 1968.
‘‘(b) CONSULTATION WITH ATTORNEY GENERAL.—
In conducting any review under subsection (a), the Direc-
tor of the Federal Bureau of Investigation shall consult
with the Attorney General to ascertain the extent to which
inadequate security measures, or improperly maintained
security equipment, at financial institutions have hindered
effective prosecutions under section 2113 of title 18, Unit-
ed States Code, or other criminal provisions.
‘‘(c) RECOMMENDATIONS.—Before the end of the 6-
month period beginning on the date of the enactment of
the ATM Public Safety and Crime Control Act of 1996
and at such times after such date as the Director of the
Federal Bureau of Investigation may determine to be ap-
propriate, the Director shall make technical recommenda-
tions to the Federal banking agencies (as defined in sec-
tion 3 of the Federal Deposit Insurance Act) on standards
and procedures for meeting the purposes of section 3 of
the Bank Protection Act of 1968.’’.
(b) REPORT TO JUDICIARY COMMITTEES.—The Di-
rector of the Federal Bureau of Investigation shall submit
a copy of any recommendations made in accordance with
section 540B(c) of title 28, United States Code, to the
Committee on the Judiciary of the House of Representa-
tives and the Committee on the Judiciary of the Senate
at the same time such recommendations are transmitted
to the Federal banking agencies in accordance with such
section.
(c) CLERICAL AMENDMENT.—The table of sections
for chapter 33 of title 28, United States Code, is amended
by inserting after the item relating to section 540A the
following new item:
‘‘540B. Technical recommendations on surveillance equipment.’’.
SEC. 4. INITIAL IMPLEMENTATION OF REGULATIONS.
(a) TIMETABLE FOR REGULATIONS.—The Federal
banking agencies shall prescribe final regulations pursuant
to section 3(c) of the Bank Protection Act of 1968 before
the end of the 6-month period beginning on the date the
technical recommendations by the Director of the Federal
Bureau of Investigations are received by such agencies in
accordance with section 540B(c) of title 28, United States
Code.
(c) EFFECTIVE DATE OF REGULATIONS.—The regu-
lations referred to in subsection (a) shall require deposi-
tory institutions to come into compliance with such regula-
tions by the end of the 6-month period beginning on the
date the final regulations are published in the Federal
Register.
SEC. 5. AMENDMENTS TO DEFINITIONS.
Section 2 of the Bank Protection Act of 1968 (12
U.S.C. 1881) is amended to read as follows:
‘‘SEC. 2. DEFINITIONS.
‘‘The following definitions shall apply for purposes of
this Act:
‘‘(1) DEPOSITORY INSTITUTION.—The term ‘de-
pository institution’ has the meaning given to such
term in section 3(c) of the Federal Deposit Insur-
ance Act.
‘‘(2) FEDERAL
SUPERVISORY
AGENCY.—The
term ‘Federal supervisory agency’ has the meaning
given to the term ‘appropriate Federal banking
agency’ in section 3 of the Federal Deposit Insur-
ance Act.’’.
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