TECHNICAL AMENDMENTS RELATING TO THE RURAL TELEPHONE BANK PROVISIONS OF THE OMNIBUS BUDGET RECONCILIATION ACT OF 1987.

SEC. 2367. TECHNICAL AMENDMENTS RELATING TO THE RURAL TELEPHONE BANK PROVISIONS OF THE OMNIBUS BUDGET RECONCILIATION ACT OF 1987. (a) Section 406 (h) Amendments.— Section 406(h) (7 U.S.C. 946(h)) is amended— (1) by inserting after the second sentence “All amounts so transferred shall not be transferred, directly or indirectly, to the reserve for contingencies.”; and (2) by striking “Rural Telephone Bank Borrowers Fairness” and inserting “Omnibus Budget Reconciliation”. (b) Section 408(b) (3) Amendments.— Section 408(b)(3) (7 U.S.C. 948(b)(3)) is amended— (1) in subparagraph (B), by striking “paragraph” and inserting “subparagraph”; (2) in subparagraph (D)(ii), by adding at the end the following: “For purposes of the calculation under this subparagraph, such rate shall be zero.”; and (3) in subparagraph (E), by striking “subparagraph” the second place such term appears and inserting “paragraph”.