GENERAL ACCOUNTING OFFICE STUDY.

SEC. 1003. GENERAL ACCOUNTING OFFICE STUDY. (a) In General.—The Comptroller General of the United States shall conduct a study of deposit insurance issues raised by section 1001 emphasizing in particular— (1) analysis of the policy considerations affecting the scope of deposit insurance coverage; (2) evaluation of the risks associated with bank insurance contracts both as to the issuing institution and the deposit insurance funds; and (3) the effect of proposed changes in the definition of “deposit” on— (A) market discipline; and (B) the ability of other participants in capital markets to raise funds. (b) Report.—Not later than the close of the 18-month period beginning on the date of the enactment of this Act, the Comptroller General shall submit to the Congress the results of the study required by subsection (a).