Page:United States Statutes at Large Volume 122.djvu/2165

 12 2 STA T . 21 4 2 PUBLIC LA W 11 0– 24 6—J U NE 1 8, 2008 theCom m i ttee o nAgr i cul ture ,N utrition, a n dF ore s tr y o f the S enate of the renegotiation .‘ ‘ (D) C ONSULTA T I ON. —T hea p pro v ed insurance pro - viders may confer w ith each other and collectively with the Corporation during any renegotiation under su b para- graph (A). ‘‘( E ) 201 1 RE INSURAN C E Y EAR.— ‘‘(i) I N G ENERAL.—As part of the Standard R einsur- ance Agreement renegotiation authori z ed under subparagraph (A)(i), the Corporation shall consider alternative methods to determine reimbursement rates for administrative and operating costs. ‘‘(ii) ALTERNATI V E M ET H O D S.—Alternatives consid- ered under clause (i) shall include— ‘‘(I) methods that— ‘‘(aa) are graduated and base reimburse- ment rates in a State on changes in premiums in that State ‘‘(bb) are graduated and base reimburse- ment rates in a State on the loss ratio for crop insurance for that State; and ‘‘(cc) are graduated and base reimburse- ment rates on individual policies on the level of total premium for each policy; and ‘‘(II) any other method that ta k es into account current financial conditions of the program and ensures continued availability of the program to producers on a nationwide basis. ’ ’. SEC.120 1 8 .C HANG E I N DU EDA T E FOR COR P ORATION PA YM ENTS FOR UNDER W RITING GAINS. Section 5 0 8 (k) of the Federal Crop Insurance Act ( 7U .S.C. 1508(k)) (as amended by section 12017) is amended by adding at the end the following

‘‘( 9 ) DUE DATE F OR P AYMENT OF UNDER W RITING GAINS.— Effective beginning with the 2011 reinsurance year, the Cor- poration shall make payments for underwriting gains under this title on— ‘‘(A) for the 2011 reinsurance year, O ctober 1, 2012; and ‘‘( B ) for each reinsurance year thereafter, October 1 of the following calendar year.’’. SEC. 1201 9 .MA L TING B ARLEY. Section 508(m) of the Federal Crop Insurance Act (7 U.S.C. 1508(m)) is amended by adding at the end the following: ‘‘(5) SPECIAL PROVISIONS FOR MALTING B ARLEY.—The Cor- poration shall promulgate special provisions under this sub- section specific to malting barley, taking into consideration any changes in q uality factors, as required by applicable market conditions.’’. SEC. 12020. CROP PRODUCTION ON NATI V E SOD. (a) FEDERAL CROP INSURANCE.—Section 508 of the Federal Crop Insurance Act (7 U.S.C. 1508) is amended by adding at the end the following: ‘‘(o) CROP P RODUCTION ON NATIVE SOD.—

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