Page:United States Statutes at Large Volume 108 Part 4.djvu/564

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108 STAT. 3198 PUBLIC LAW 103-354—OCT. 13, 1994 " (d) ADMINISTRATIVE PROVISIONS. — "(1) TERMS. —Members of the Advisory Committee (other than the Manager of the Corporation and the Secretary) shall be appointed by the Secretary for a term of up to 2 years from nominations made by the organizations and agencies specified in subsection (c). The terms of the members (other than the Manager of the Corporation and the Secretary) shall be staggered.

  • (2) CHAIRPERSON.—The Advisory Committee shall be

chaired by the Manager of the Corporation. "(3) MEETINGS. —The Advisory Committee shall meet at least annually. The meetings of the Advisory Committee shall be publicly announced in advance and shall be open to the public. Appropriate records of the activities of the Adviso^ Committee shall be kept and made available to the public on request.

    • (e) REPORTS. —Not later than June 30 of each year, the

Advisory Committee shall submit to the Secretary a report specifying the conclusions and recommendations of the Advisory Committee regarding— "(1) the progress toward implementation of this title; "(2) the actuarial soundness of the Federal crop insurance program; "(3) the rate of producer participation in both catastrophic risk protection under section 508(b) and additional coverage under section 508(c); and "(4) the progress toward improved crop insurance coverage for new and specialty crops. "(f) TERMINATION OF AUTHORITY.—The authority provided by this section shall terminate on September 30, 1998.". SEC. 110. FUNDING. Section 516 (7 U.S.C. 1516) is amended to read as follows: " SEC. 516. FUNDING. " (a) AUTHORIZATION OF APPROPRIATIONS.— "(1) DISCRETIONARY EXPENSES.— T here are authorized to be appropriated for each of fiscal years 1995 through 2001 such sums as are necessary to cover— "(A) the salaries and expenses of the Corporation; and "(B) the administrative and operating expenses of the Corporation for the sales commissions of agents. "(2) MANDATORY EXPENSES.— T here are authorized to be appropriated such svans as are necessary to cover— "(A) in the case of each of the 1995 through 1997 reinsurance years, the administrative and operating expenses of the Corporation for the sales commissions of agents, consistent with subsection (b)(1); "(B) premium subsidies, iDcluding the administrative and operating expenses of an approved insurance provider for the delivery of poUcies with additional coverage; and "(C) payments for noninsured assistance losses under section 519. "(b) PAYMENT OF EXPENSES.— " (1) ADMINISTRATIVE AND OPERATING EXPENSES.— "(A) IN GENERAL. —Except as provided in subparagraph (B), in the case of each of me 1995 through 1997 reinsurance years, the Corporation is authorized to pay irom. the