PUBLIC LAW 106-224-JUNE 20, 2000 114 STAT. 393 proposal not later than 30 days prior to making the disapproval. "(ii) MODIFICATION OF APPLICATION. — "(I) AUTHORITY. —An applicant that receives the notification may modify the application, and such application, as modified, shall be considered by the Board in the manner provided in subparagraph (D) within the 30-day period beginning on the date the modified application is submitted. "(II) TIME PERIOD.— Clause (i) shall not apply to the Board's consideration of the modified application. "(iii) EXPLANATION.— Any notification of intent to disapprove a policy or other material submitted under this subsection shall be accompanied by a complete explanation as to the reasons for the Board's intention to deny approval. "(D) DETERMINATION TO APPROVE OR DISAPPROVE POLICIES OR MATERL\LS.— "(i) TIME PERIOD. —Not later than 120 days after Deadline. a policy or other material is submitted under this subsection, the Board shall meike a determination to approve or disapprove the policy or material, "(ii) EXPLANATION.— Any determination by the Board to disapprove any policy or other material shall be accompanied by a complete explanation of the reasons for the Board's decision to deny approval. "(iii) FAILURE TO MEET DEADLINE.—Notwithstanding any other provision of this title, if the Board fails to make a determination within the prescribed time period, the submitted policy or other material shall be deemed approved by the Board for the initial reinsurance year designated for the policy or material, unless the Board and the applicant agree to an extension.", (d) TECHNICAL AMENDMENTS.— Section 508(h) of the Federal Crop Insurance Act (7 U.S.C. 1508(h)) is amended— (1) by striking paragraphs (6), (8), (9), and (10); and (2) by redesignating paragraph (7) as paragraph (6). SEC. 147. FUNDING. (a) AUTHORIZATION OF APPROPRIATIONS. —Section 516(a)(2) of the Federal Crop Insurance Act (7 U.S.C. 1516(a)(2)) is amended— (1) by striking "years—" and inserting "years the following:"; (2) by capitalizing the first letter of the first word of each subparagraph; (3) by striking "; and" at the end of subparagraph (A) and inserting a period; and (4) by adding at the end the following: "(C) 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. "(D) Costs associated with the reimbursement, contracting, and partnerships for research and development under section 522.".
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