; and (B) by striking subsection (a) and redesignating subsections (b) and (c) as subsections (a) and (b), respectively. (2) Section 8.4(a)(1) of such Act ( 12 U.S.C. 2279aa–4 ) is amended— (A) by striking the 3rd sentence; (B) by inserting after the 1st sentence the following: Voting common stock shall be offered to banks, other financial entities, insurance companies, and System institutions under such terms and conditions as the Board may adopt. The voting stock shall be fairly and broadly offered to ensure that no institution or institutions acquire a disproportionate amount of the total amount of voting common stock outstanding of a class and that capital contributions and issuances of voting common stock for the contributions are fairly distributed between entities eligible to hold Class A and Class B stock, as provided under this paragraph. ; (C) by striking 8.2(b)(2)(A) and inserting 8.2(a)(2)(A) ; and (D) by striking 8.2(b)(2)(B) and inserting 8.2(a)(2)(B) . (uu) (1) Section 8.6 of such Act ( 12 U.S.C. 2279aa–6 ) is amended by striking subsection (d) and redesignating subsection (e) as subsection (d). (2) (A) Section 8.0(9)(B)(i) of such Act ( 12 U.S.C. 2279aa(9)(B)(i) ) is amended by striking through (d) and inserting and (c) . (B) Section 8.33(b)(2)(A) of such Act ( 12 U.S.C. 2279bb–2(b)(2)(A) ) is amended by striking 8.6(e) and inserting 8.6(d) . (vv) Section 8.32(a) of such Act ( 12 U.S.C. 2279bb–1(a) ) is amended by striking Not sooner than the expiration of the 3-year period beginning on the date of enactment of the Farm Credit System Reform Act of 1996, the and inserting The . (ww) Section 8.35 of such Act ( 12 U.S.C. 2279bb–4 ) is amended by striking subsection (e). (xx) Section 8.38 of such Act ( 12 U.S.C. 2279bb–7 ) is repealed. 5502. Conforming repeals (a) Sections 4, 5, 6, 7, 8, 14, and 15 of the Agricultural Marketing Act ( 12 U.S.C. 1141b , 1141c, 1141d, 1141e, 1141f, 1141i, and 1141j) are repealed. (b) The Act of June 22, 1939, (Chapter 239; 53 Stat. 853