Page:United States Statutes at Large Volume 114 Part 1.djvu/430

 114 STAT. 394 PUBLIC LAW 106-224 -JUNE 20, 2000 (b) PAYMENT OF GENERAL CORPORATION EXPENSES FROM INSUR- ANCE FUND. — Section 516(b)(1) of the Federal Crop Insurance Act (7 U.S.C. 1516(b)(1)) is amended— (1) by striking "including—" and inserting "including the following:"; (2) by capitalizing the first letter of the first word of each subparagraph; (3) by striking the semicolon at the end of subparagraph (A) and inserting a period; (4) by striking "; and" at the end of subparagraph (B) and inserting a period; and (5) by adding at the end the following: "(D) Costs associated with the conduct of livestock and wild salmon pilot programs carried out under section 523, subject to the limitations in subsections (a)(3)(E)(ii) and (b)( 10) of section 523. "(E) Costs associated with the reimbursement, contracting, and partnerships for research and development under section 522.". (c) EXPEDITED CONSIDERATION AND IMPLEMENTATION OF POLI- CIES, PLANS OF INSURANCE, AND RELATED MATERIALS. — Section 516(b)(2) of the Federal Crop Insurance Act (7 U.S.C. 1516(b)(2)) is amended— (1) by striking "RESEARCH AND DEVELOPMENT EX- PENSES. —" and inserting "POLICY CONSIDERATION AND IMPLEMENTATION. —"; (2) in subparagraph (A)— (A) by striking "may pay from" and inserting "may use"; (B) by striking "research and development expenses of the Corporation"; and (C) by striking the period at the end and inserting the following: ", to pay the following: "(i) Costs associated with the consideration and implementation of policies, plans of insurance, and related materials submitted under section 508(h) or developed under section 522 or 523. "(ii) Costs to contract for the review of policies, pleuis of insurance, and related materials under section 505(e) and to contract for other assistance in considering policies, plans of insurance, and related materials."; and (3) in subparagraph (B), by striking "research and development". (d) DEPOSITS TO INSURANCE FUND.—Section 516(c)(1) of the Federal Crop Insurance Act (7 U.S.C. 1516(c)(1)) is amended— (1) by striking "income and" and inserting "income,"; and (2) by inserting ", and civil fines collected under section 515(h)" after "(a)(2)". 7 USC 1506 note. SEC. 148. STANDARD REINSURANCE AGREEMENT. Notwithstsinding section 536 of the Agricultural Research, Extension, and Education Reform Act of 1998 (7 U.S.C. 1506 note; Public Law 105-185), the Federal Crop Insurance Corporation may / renegotiate the Standard Reinsurance Agreement once during the 2001 through 2005 reinsurance years.

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