PUBLIC LAW 102-552—OCT. 28, 1992 106 STAT. 4107

(A) the possibility of the Insurance Fund being depleted
more rapidly than it could be replenished under the current
premium structure;

(B) the effects of the depletion under alternate eco-
nomic scenarios and the probability of the occurrence of
each of those scenarios;

(C) the effects on capital accumulation and interest
rates of levying a supplemental premium; and

(D) limitations on any authority to levy supplemental
premiums and the underlying basis for the limitations;
and

(3) the authority to establish an insurance premium rate
structure that would take into account, on an institution-by-
institution basis, asset quality risk, interest rate risk, earnings,
and capital.

(b) REPORT ON CONSOLIDATION.—

(1) IN GENERAL.—The Comptroller General of the United
States shall evaluate and report to the Committee on Agri-
culture of the House of Representatives and the Committee
on Agriculture, Nutrition, and Forestry of the Senate on
whether there are likely to be benefits to farmer and rancher
borrowers of the Farm Credit System institutions of merging
the 10 district Farm Credit Banks (and the Federal Intermedi-
ate Credit Bank of Jackson) into fewer regional Farm Credit
Banks.

(2) FACTORS.—In preparing the report, the Comptroller
General shall consider—

(A) the potential reduction in services to farmers and
ranchers;

(B) the potential benefits of jointly providing services
to farmers and ranchers among these proposed regional
districts;

(C) any economy of scale effects on a district-by-district
basis;

(D) the potential impact on the cooperative nature
of the Farm Credit System;

(E) the potential impact on bank and association rela-
tionships; and

(F) the potential impact on System-wide bond
issuances.

(c) POTENTIAL SAVINGS.—The Comptroller General of the
United States shall evaluate and report to the appropriate commit-
tees of Congress on the potential savings to the Farm Credit System
and its shareholders that might occur if System institutions and
the Farm Credit Administration were required to comply with Gen-
eral Services Administration standards for office space, furniture,
and equipment.

(d) DEADLINE.—The reports required under this section shall
be provided to Congress not later than 12 months after the date
of enactment of this Act.

TITLE III—REPAYMENT OF FARM
CREDIT SYSTEM DEBT OBLIGATIONS

SEC. 801. CAPITAL PRESERVATION.

Section 6.9(eX3) (12 U.S.C. 2278a-9(eX3)) is amended—