                          TITLE 2--THE CONGRESS
 
         CHAPTER 17A--CONGRESSIONAL BUDGET AND FISCAL OPERATIONS
 
                      SUBCHAPTER III--CREDIT REFORM
 
Sec. 661e. Treatment of deposit insurance and agencies and other 
        insurance programs
        

(a) In general

    This subchapter shall not apply to the credit or insurance 
activities of the Federal Deposit Insurance Corporation, National Credit 
Union Administration, Resolution Trust Corporation, Pension Benefit 
Guaranty Corporation, National Flood Insurance, National Insurance 
Development Fund, Crop Insurance, or Tennessee Valley Authority.

(b) Study

    The Director and the Director of the Congressional Budget Office 
shall each study whether the accounting for Federal deposit insurance 
programs should be on a cash basis on the same basis as loan guarantees, 
or on a different basis. Each Director shall report findings and 
recommendations to the President and the Congress on or before May 31, 
1991.

(c) Access to data

    For the purposes of subsection (b) of this section, the Office of 
Management and Budget and the Congressional Budget Office shall have 
access to all agency data that may facilitate these studies.

(Pub. L. 93-344, title V, Sec. 506, as added Pub. L. 101-508, title 
XIII, Sec. 13201(a), Nov. 5, 1990, 104 Stat. 1388-614; amended Pub. L. 
105-33, title X, Sec. 10117(d), Aug. 5, 1997, 111 Stat. 695.)


                            Prior Provisions

    A prior section 506 of Pub. L. 93-344, title V, July 12, 1974, 88 
Stat. 322, amended section 105 of Title 1, General Provisions, and 
enacted provisions set out as a note under section 105 of Title 1, prior 
to the general revision of title V of Pub. L. 93-344 by Pub. L. 101-508.


                               Amendments

    1997--Pub. L. 105-33 struck out subsec. (a) designation and heading, 
redesignated pars. (1) to (3) of former subsec. (a) as subsecs. (a) to 
(c), respectively, inserted subsec. headings, and substituted 
``subsection (b) of this section'' for ``paragraph (2)'' in subsec. (c).
