Page:United States Statutes at Large Volume 104 Part 5.djvu/636

 104 STAT. 3958 PUBLIC LAW 101-624—NOV. 28, 1990 the loss in jdeld of the commodity on the basis of the adjusted yield for the commodity established by the Agricultural Stabilization and Conservation Service rather than the recorded or appraised yield as established by the Corporation. Such additional insurance shall be provided for an additional premium (for which no premium subsidy or administrative subsidy may be provided) set at such rate as the Board determines appropriate to reflect accurately the increased risk involved and that the Board determines actuarially sufficient to cover claims for losses on such insurance and to establish a reasonable reserve against unforeseen losses. Except as provided in the preceding two sentences, the Corporation"; and (D) by adding at the end the following new sentences: "Beginning with the 1992 crop year, the Corporation shall establish a price level for each commodity on which insurance is offered that shall not be less than the projected market price for the commodity as determined by the Board. Insurance coverage shall be made available to the producer on the basis of any price election which equals or is less than that established by the Board and the coverage shall be quoted in terms of dollars per acre."; and (2) by striking out subsection (k). SEC. 2206. CONTRACTING WITH PRIVATE COMPANIES. Section 507(c) of the Federal Crop Insurance Act (7 U.S.C. 1507(c)) is amended— (1) by inserting after "private insurance companies" in paragraph (2) the following: "private rating bureaus, and other organizations as appropriate for actuarial, loss adjustment, and other services to avoid duplication by the Federal Government of services that are or may readily be available in the private sector,"; and (2) by adding at the end the following new sentence: "Nothing in this subsection shall permit the Corporation to contract with other persons to carry out the responsibility of the Corporation to review and approve policies, rates, and other materials submitted under section 508(b).". Subtitle B—Disaster Assistance CHAPTER 1—1989 CROP CLARIFICATION SEC. 2231. SUGARCANE DISASTER ASSISTANCE. (a) DETERMINATION. —Section 103 of the Dissister Assistance Act of 1989 (7 U.S.C. 1421 note) is amended by adding at the end the following new subsection: "(f) SPECIAL RULE FOR SUGARCANE.—For purposes of determining the total quantity of the 1989 crop of sugarcane that the producers on a farm are able to harvest, the Secretary shall make the determination based on the quantity of recoverable sugar.". (b) DEADLINE.—Section 152(a)(2) of the Disaster Assistance Act of 1989 (7 U.S.C. 1421 note) is amended by adding at the end the following new sentence: "In the case of producers described in section 103(f), the Secretary shall permit the producers to apply for assistance no later than January 15, 1991, and shall, in the case of

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