(ii) by redesignating clauses (i) and
(ii) as subparagraphs (A) and (B), respec-
tively; and
(iii) by redesignating subclauses (I)
and (II) of subparagraph (A) (as so redes-
ignated by clause (ii) of this subparagraph)
as clauses (i) and (ii), respectively.
(2) Section 307(a) of such Act (7 U.S.C.
1927(a)) is amended by striking paragraph (4).
(3) Section 307(a)(5) of such Act (7 U.S.C.
1927(a)(5)) is amended—
(A) by striking ‘‘(A) Except as provided in
subparagraph (B), the’’ and inserting ‘‘The’’;
and
(B) by striking subparagraph (B).
(4) Section 307(a)(6)(B) of such Act (7 U.S.C.
1927(a)(6)(B)) is amended—
(A) by adding ‘‘and’’ at the end of clause
(i); and
(B) by striking clauses (ii), (iii), (iv), (v),
and (vi) and redesignating clause (vii) as clause
(ii).
(5) Section 307(c) of such Act (7 U.S.C.
1927(c)) is amended by striking ‘‘, and for obliga-
tions in connection with loans to associations under
section 306, shall take liens on the facility or such
other security as he may determine to be necessary’’.
(6) Section 309(g)(1) of such Act (7 U.S.C.
1929(g)(1)) is amended by striking ‘‘the last sen-
tence of section 306(a)(1),’’.
(7) Section 309A(a) of such Act (7 U.S.C.
1929a(a)) is amended by inserting ‘‘(as in effect be-
fore the effective date of subtitle B of the Farm
Credit and Rural Development Reform Act of
1995)’’ after each of ‘‘304(b)’’, ‘‘306(a)(1)’’,
‘‘306(a)(14)’’, ‘‘310B’’, and ‘‘312(b)’’.
(8) Section 309A(a) of such Act (7 U.S.C.
1929a(a)) is amended by inserting ‘‘prior to the re-
peal of such sections by the Farm Credit and Rural
Development Reform Act of 1995,’’ after ‘‘312(b),’’.
(9) Section 309A(g)(8) of such Act (7 U.S.C.
1929a(g)(8)) is amended—
(A) by striking ‘‘make grants under sec-
tions 306(a) and 310B of this title,’’; and
(B) by striking ‘‘including costs of the Sec-
retary incidental to guaranteeing rural develop-
ment loans under this title,’’.
(10) Section 310C(a) of such Act (7 U.S.C.
1933(a)) is amended—
(A) by redesignating clauses (1), (2), and
(3) as clauses (A), (B), and (C), respectively;
(B) by inserting ‘‘(1)’’ after ‘‘(a)’’; and
(C) by adding after and below the end the
following:
‘‘(2) As used in paragraph (1), the terms ‘rural’ and
‘rural area’ shall not include any area in any city or town
which has a population in excess of 10,000 inhabitants.’’.
(11) Section 316(a) of such Act (7 U.S.C.
1946(a)), as amended by section 108(f)(24) of this
Act, is amended by striking paragraph (3).
(12) Section 331(b) of such Act (7 U.S.C.
1981(b)) is amended—
(A) by adding ‘‘and’’ at the end of para-
graph (7);
(B) in paragraph (8), by striking ‘‘; and’’
and inserting a period; and
(C) by striking paragraph (9).
(13) Section 333A(a) of such Act (7 U.S.C.
1983a(a)) is amended by striking paragraph (4).
(14) Section 344 of such Act (7 U.S.C. 1992),
as amended by section 108(f)(36) of this Act, is re-
pealed.
(b) DEPARTMENT OF AGRICULTURE REORGANIZA-
TION ACT OF 1994 AMENDMENTS.—
(1) Section 232(c) of the Department of Agri-
culture Reorganization Act of 1994 (7 U.S.C.
6942(c)) is amended by striking paragraphs (1) and
(2) and inserting the following:
‘‘(1) Electric and telephone loan programs and
water and waste facility activities authorized by law,
including the Rural Electrification Act of 1936 (7
U.S.C. 901 et seq.).
‘‘(2) Water and waste facility programs and ac-
tivities authorized by law, including the provisions of
sections 309 and 309A of the Consolidated Farm
and Rural Development Act (7 U.S.C. 1929 and
1929a) relating to assets, terms, and conditions of
water and sewer programs, and section 35 of the
Bankhead-Jones Farm Tenant Act (7 U.S.C.
1013a).’’.
(2) Section 233(b) of such Act (7 U.S.C.
6943(b)) is amended—
(A) by striking paragraph (2); and
(B) in paragraph (3)—
(i) by striking ‘‘(3)’’ and inserting
‘‘(2)’’; and
(ii) by striking ‘‘programs authorized
by sections 365 through’’ and inserting
‘‘activities under section’’.