Page:United States Statutes at Large Volume 123.djvu/1679

 123STA T . 1 659PUBLIC LA W 111 – 22 —M A Y 2 0, 2009 ‘ ‘ (3)SPECIALR EP O R T O NF AR M LOAN RE S TR U CTURIN G.—Notla t er t h a n60d a ys a f ter the date of ena c t m ent of th i s p ara -g raph , the Ov ersight P anel shall s ub mit a special report on farm loan restructuring that— ‘‘( A ) analy z es the state of the commercial farm credit mar k ets and the use of loan restructuring as an alternative to foreclosure by recipients of financial assistance under the T roubled Asset R elief Program and ‘‘( B ) includes an e x amination of and recommendation on the different methods for farm loan restructuring that could be used as part of a foreclosure mitigation program for farm loans made by recipients of financial assistance under the Troubled Asset Relief Program, including any programs for direct loan restructuring or modification car- ried out by the F arm Service Agency of the D epartment of Agriculture, the farm credit system, and the M aking H ome Affordable Program of the Department of the Treasury. ’ ’. TI T LEV I — E NHA N C E DO VE RS I G HTO F THE TRO UB LED ASSET RELIEF P RO - GRA MSEC.601 .E NHA NCE DOV E R S IG H T O F THE TRO UBL ED ASSET RELIEF P ROGRA M . Section 1 16 of the E mergency Economic Stabilization Act of 2 00 8 (12 U .S. C . 5 226) is amended— (1) in subsection (a)(1)(A)— (A) in clause (iii), by striking ‘‘and’’ at the end; (B) in clause (iv), by striking the period at the end and inserting ‘‘; and’’; and (C) by adding at the end the follo w ing ‘‘(v) public accountability for the exercise of such authority, including with respect to actions taken by those entities participating in programs established under this Act.’’; and (2) in subsection (a)(2)— (A) by redesignating subparagraph (C) as subpara- graph (F); and (B) by striking subparagraphs (A) and (B) and inserting the following: ‘‘(A) DEFINITION.— I n this paragraph, the term ‘govern- mental unit’ has the meaning given under section 101(2 7 ) of title 11, United States Code, and does not include any insured depository institution as defined under section 3 of the Federal Deposit Insurance Act (12 U.S.C. 8113). ‘‘(B) G AO PRESENCE.—The Secretary shall provide the Comptroller General with appropriate space and facilities in the Department of the Treasury as necessary to facilitate oversight of the TARP until the termination date estab- lished in section 5230 of this title. ‘‘(C) ACCESS TO RECOR D S.— ‘‘(i) IN GENERAL.—Notwithstanding any other provision of law, and for purposes of reviewing the performance of the TARP, the Comptroller General