SUBMISSION OF POLICIES AND MATERIALS TO BOARD.

SEC. 146. SUBMISSION OF POLICIES AND MATERIALS TO BOARD. (a) Persons Authorized To Submit.—Section 508(h)(1) of the Federal Crop Insurance Act (7 U.S.C. 1508(h)(1)) is amended by inserting after “a person” the following: “(including an approved insurance provider, a college or university, a cooperative or trade association, or any other person)”. (b) Sale by Approved Insurance Providers.—Section 508(h)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(h)(3)) is amended in the first sentence by inserting after “for sale” the following: “by approved insurance providers”. (c) Guidelines for Submission and Review.—Section 508(h)(4) of the Federal Crop Insurance Act (7 U.S.C. 1508(h)(4) is amended— (1) by striking subparagraph (A) and inserting the following: “(A) Confidentiality.— “(i) In general.—A proposal submitted to the Board under this subsection (including any information generated from the proposal) shall be considered to be confidential commercial or financial information for the purposes of section 552(b)(4) of title 5, United States Code. “(ii) Standard of confidentiality.—If information concerning a proposal could be withheld by the Secretary under the standard for privileged or confidential information pertaining to trade secrets and commercial or financial information under section 552(b)(4) of title 5, United States Code, the information shall not be released to the public. “(iii) Application.—This subparagraph shall apply with respect to a proposal only during the period preceding any approval of the proposal by the Board.”; (2) in subparagraph (B), by inserting “Personal presentation.—” before “The”; and (3) by striking subparagraphs (C) and (D) and inserting the following: “(C) Notification of intent to disapprove.— “(i) Time period.—The Board shall provide an applicant with notification of intent to disapprove a 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 materials.— “(i) Time period.—Not later than 120 days after a policy or other material is submitted under this subsection, the Board shall make 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).