Pub. L. 103-354, tit. I, sec. 119
CONFORMING AMENDMENTS.
SEC. 119. CONFORMING AMENDMENTS. (a) Price Support Programs.— (1) In general.— Title IV of the Agricultural Act of 1949 (7 U.S.C. 1421 et seq.) is amended by adding at the end the following new section: “SEC. 427. CROP INSURANCE REQUIREMENT. “As a condition of receiving any benefit (including payments) under title I or II for each of the 1995 and subsequent crops of tobacco, rice, extra long staple cotton, upland cotton, feed grains, wheat, peanuts, oilseeds, and sugar, a producer must obtain at least catastrophic risk protection insurance coverage under section 508 of the Federal Crop Insurance Act (7 U.S.C. 1508) for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation.”. (2) Rice.— Section 101B(c) of such Act (7 U.S.C. 1441–2(c)) is amended— (A) in paragraph (1), by striking subparagraph (F); and (B) by striking paragraph (2) and inserting the following new paragraph: “(2) Crop insurance requirement.— A producer shall obtain catastrophic risk protection insurance coverage in accordance with section 427.”. (3) Upland cotton.— Section 103B(c) of such Act (7 U.S.C. 1444–2(c)) is amended— (A) in paragraph (1), by striking subparagraph (F); and (B) by striking paragraph (2) and inserting the following new paragraph: “(2) Crop insurance requirement.— A producer shall obtain catastrophic risk protection insurance coverage in accordance with section 427.”. (4) Feed grains.— Section 105B(c) of such Act (7 U.S.C. 1444f(c)) is amended— (A) in paragraph (1), by striking subparagraph (G); and (B) by striking paragraph (2) and inserting the following new paragraph: “(2) Crop insurance requirement.— A producer shall obtain catastrophic risk protection insurance coverage in accordance with section 427.”. (5) Wheat.— Section 107B(c) of such Act (7 U.S.C. 1445b–3a(c)) is amended— (A) in paragraph (1), by striking subparagraph (G); and (B) by striking paragraph (2) and inserting the following new paragraph: “(2) Crop insurance requirement.— A producer shall obtain catastrophic risk protection insurance coverage in accordance with section 427.”. 108 STAT. 3208 (6) Disaster payments.— Section 208 of such Act (7 U.S.C. 1446i) is repealed. (b) Farmers Home Administration Programs.— The Consolidated Farm and Rural Development Act (7 U.S.C. 1921 et seq.) is amended by adding at the end the following new section: “SEC. 371. CROP INSURANCE REQUIREMENT. “(a) In General.— As a condition of obtaining any benefit (including a direct loan, loan guarantee, or payment) described in subsection (b), a borrower must obtain at least catastrophic risk protection insurance coverage under section 508 of the Federal Crop Insurance Act (7 U.S.C. 1508) for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation. “(b) Applicable Benefits.— Subsection (a) shall apply to— “(1) a farm ownership loan (FO) under section 303; “(2) an operating loan (OL) under section 312; and “(3) an emergency loan (EM) under section 321.”. (c) Disaster Assistance.— Subtitle B of title XXII of the Food, Agriculture, Conservation, and Trade Act of 1990 (7 U.S.C. 1421 note) is amended by striking chapter 3. (d) Emergency Appropriations.— (1) In general.— Effective January 1, 1995, section 251(b)(2)(1)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901(b)(2)(1)(i)) is amended by adding at the end the following new sentence: “This subparagraph shall not apply to appropriations to cover agricultural crop disaster assistance”. (2) Emergency legislation.— Effective January 1, 1995, section 252(e) of such Act (2 U.S.C. 902(e)) is amended by adding at the end the following new sentence: “This subsection shall not apply to direct spending provisions to cover agricultural crop disaster assistance.”. (e) False Statements.— Section 1014 of title 18, United States Code, is amended by inserting “or a company the Corporation reinsures” after “Federal Crop Insurance Corporation”. (f) Technical Amendments.— (1) The first sentence of section 506(d) (7 U.S.C. 1506(d)) is amended by striking “508(f)” and inserting “508(j)”. (2) The last sentence of section 507(c) (7 U.S.C. 1507(c)) is amended by striking “508(b)” and inserting “508(h)”. (3) Section 518 (7 U.S.C. 1518) is amended by striking “(k)” and inserting “(m)”.