DEBT SETTLEMENT.

SEC. 1805. DEBT SETTLEMENT. (a) In General.— Section 331 (7 U.S.C. 1981) is amended— (1) in subsection (d)— (A) by striking “under any of its programs, as circumstances may require, to carry out” and inserting “, except for activities under the Housing Act of 1949”; and (B) by striking “incurred under this title” and inserting “, except for debt incurred under the Housing Act of 1949”; and (C) in paragraph (1), by inserting “with respect to farmer program loans,” before “on terms”; and (2) in subsection (e)— (A) by inserting “except for activities conducted under the Housing Act of 1949,” after “(e)”; (B) by striking “arising or”; (C) by striking “under this title” and inserting “by the Farmers Home Administration”; and (D) by striking “pursuant to this title” and inserting “by the Farmers Home Administration”. (b) Payment of Accrued Interest.— Section 331 (7 U.S.C. 1981) is amended by striking subsection (h). (c) Technical and Conforming Amendments.— Section 331 (7 U.S.C. 1981) is amended— (1) by indenting the margin of subsections (f), (g), and (i) so as to align with the margin of subsection (e); (2) in subsection (f), by striking “Release” and inserting “release”; (3) in subsection (g), by striking “Obtain” and inserting “obtain”; (4) in subsection (i), by striking “Consent” and inserting “consent”; and (5) by redesignating subsections (i) and (j) as subsections (h) and (i), respectively.