Page:United States Statutes at Large Volume 104 Part 5.djvu/514

 104 STAT. 3836 PUBLIC LAW 101-624—NOV. 28, 1990 (4) the potential for credit pricing practices of rural lending institutions to adversely affect the financial soundness of other lending institutions that provide agricultural credit; (5) the pricing practices of commercial lending and insurance institutions and whether the practices adequately address the level of risk in agricultural lending; (6) whether the assistance authorized under the Agricultural Credit Act of 1987 and the amendments made by such Act, is being utilized in accordance with the purposes intended by Congress; (7) the availability and adequacy of credit in rural America for the purpose of financing agricultural production, infrastructure development (including development of roads, bridges, and water systems), and rural development; (8) the prudence and desirability for commercial lenders and Farm Credit System institutions who serve primarily agriculture to broaden lending activity to provide diversity in their portfolios; (9) the level of competitiveness among the major sector lenders in agriculture, whether competition among such lenders has increased or decreased in the last 5 years, and whether Americ£m producers have benefited from the competitive situation; and (10) the level of farm lending activity, in relation to the total asset level, of agricultural lending institutions in rural America and the level of investment by the institutions outside of the rural community or area in which the lending institutions are located. (b) REPORT.—Not later than 2 years after the date of enactment of this Act, the Comptroller General shall submit a report on the study conducted under subsection (a) (including any related recommendations) to the Committee on Agriculture of the House of Representatives and the Committee on i^iculture, Nutrition, and Forestry of the Senate. SEC. 1843. SALARIES AND COMPENSATION PAID BY SYSTEM INSTITU- TIONS. (a) REPEAL OF AUTHORITY OF FARM CREDIT ADMINISTRATION TO APPROVE SALARIES AND COMPENSATION PAID BY SYSTEM INSTITU- TIONS. — (1) IN GENERAL. — Section 5.17(a) (12 U.S.C. 2252(a)) is amended by striking paragraph (13). (2) C!oNFORMiNG AMENDMENT. — Soction 6.6(a)(8)(B) (12 U.S.C. 2278a-6(a)(8)(B)) is amended by striking "notwithstanding the authority of the Farm Credit Administration to approve such matters". (b) INCLUSION OF COMPENSATION ANALYSIS IN BANK EXAMINA- TION.— Section 5.19(a) (12 U.S.C. 2254(a)) is amended by inserting after the third sentence the following: "Examination of banks shall include an analysis of the compensation paid to the chief executive officer and the salary scales of the employees of the bank.".

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