[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 882 Engrossed in House (EH)]


  1st Session

                               H. R. 882

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                                 AN ACT

    To nullify any reservation of funds during fiscal year 1999 for 
guaranteed loans under the Consolidated Farm and Rural Development Act 
  for qualified beginning farmers or ranchers, and for other purposes.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
106th CONGRESS
  1st Session
                                H. R. 882

_______________________________________________________________________

                                 AN ACT


 
    To nullify any reservation of funds during fiscal year 1999 for 
guaranteed loans under the Consolidated Farm and Rural Development Act 
  for qualified beginning farmers or ranchers, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. NULLIFICATION OF RESERVATION OF FUNDS DURING FISCAL YEAR 
              1999 FOR GUARANTEED LOANS UNDER THE CONSOLIDATED FARM AND 
              RURAL DEVELOPMENT ACT FOR QUALIFIED BEGINNING FARMERS OR 
              RANCHERS.

    Amounts shall be made available pursuant to section 346(b)(1)(D) of 
the Consolidated Farm and Rural Development Act for guaranteed loans, 
without regard to any reservation under section 346(b)(2)(B) of such 
Act.

SEC. 2. QUALIFIED BEGINNING FARMERS AND RANCHERS TO BE GIVEN PRIORITY 
              IN MAKING GUARANTEED LOANS UNDER THE CONSOLIDATED FARM 
              AND RURAL DEVELOPMENT ACT FROM SUPPLEMENTAL 
              APPROPRIATIONS FOR FISCAL YEAR 1999.

    In making guaranteed loans under the Consolidated Farm and Rural 
Development Act from funds made available pursuant to any Act making 
supplemental appropriations for fiscal year 1999, the Secretary of 
Agriculture shall, to the extent practicable, give priority to making 
such loans to qualified beginning farmers and ranchers (as defined in 
section 343(a)(11) of such Act).

            Passed the House of Representatives March 2, 1999.

            Attest:

                                                                 Clerk.