(ii) the extent to which the organiza-
tional structure contributes to or reduces 
operational 
inefficiencies 
that 
increase 
operational costs; and 
(iii) the effectiveness of internal con-
trols. 
(2) REPORT TO THE CONGRESS.—The Comp-
troller General shall submit a report to the Congress 
before the end of the 1-year period beginning on the 
date of the enactment of this Act containing the 
findings and conclusions of the Comptroller General 
with respect to the study required under paragraph 
(1) together with such recommendations for legisla-
tive or administrative action as the Comptroller Gen-
eral may determine to be appropriate. 
(b) INTERNAL STUDY BY THE FDIC.—
(1) STUDY REQUIRED.—Concurrently with the 
study required to be conducted by the Comptroller 
General under subsection (a), the Federal Deposit 
Insurance Corporation shall conduct an internal 
study of the same conditions and factors included in 
the study under subsection (a). 
(2) REPORT TO THE CONGRESS.—The Federal 
Deposit Insurance Corporation shall submit a report 
to the Congress before the end of the 1-year period
beginning on the date of the enactment of this Act 
containing the findings and conclusions of the Cor-
poration with respect to the study required under 
paragraph (1) together with such recommendations 
for legislative or administrative action as the Board 
of Directors of the Corporation may determine to be 
appropriate. 
(c) STUDY OF FURTHER POSSIBLE CHANGES TO DE-
POSIT INSURANCE SYSTEM.—
(1) STUDY REQUIRED.—The Board of Directors 
of the Federal Deposit Insurance Corporation and 
the National Credit Union Administration Board 
shall each conduct a study of the following: 
(A) The feasibility of establishing a vol-
untary deposit insurance system for deposits in 
excess of the maximum amount of deposit in-
surance for any depositor and the potential ben-
efits and the potential adverse consequences 
that may result from the establishment of any 
such system. 
(B) The feasibility of privatizing all deposit 
insurance at insured depository institutions and 
insured credit unions. 
(2) REPORT.—Before the end of the 1-year pe-
riod beginning on the date of the enactment of this
Act, the Board of Directors of the Federal Deposit 
Insurance Corporation and the National Credit 
Union Administration Board shall each submit a re-
port to the Congress on the study required under 
paragraph (1) containing the findings and conclu-
sions of the reporting agency together with such rec-
ommendations for legislative or administrative 
changes as the agency may determine to be appro-
priate. 
(d) STUDY
REGARDING
APPROPRIATE
DEPOSIT 
BASE IN DESIGNATING RESERVE RATIO.—
(1) STUDY
REQUIRED.—The Federal Deposit 
Insurance Corporation shall conduct a study of the 
feasibility of using actual domestic deposits rather 
than estimated insured deposits in calculating the 
reserve ratio of the Deposit Insurance Fund and 
designating a reserve ratio for such Fund. 
(2) REPORT.—The Federal Deposit Insurance 
Corporation shall submit a report to the Congress 
before the end of the 1-year period beginning on the 
date of the enactment of this Act containing the 
findings and conclusions of the Corporation with re-
spect to the study required under paragraph (1) to-
gether with such recommendations for legislative or