[Congressional Record Volume 140, Number 139 (Thursday, September 29, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: September 29, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
           BEGINNING FARMER TECHNICAL CORRECTIONS ACT OF 1994

  Mr. JOHNSON of South Dakota. Mr. Speaker, I ask unanimous consent 
that the Committee on Agriculture be discharged from further 
consideration of the bill, (H.R. 5065) to amend the Consolidated Farm 
and Rural Development Act to make technical corrections to certain 
provisions relating to beginning farmers and ranchers, and ask for its 
immediate consideration.
  The Clerk read the title of the bill.
  The SPEAKER pro tempore (Mr. Roemer). Is there objection to the 
request of the gentleman from South Dakota?
  Mr. ALLARD. Mr. Speaker, reserving the right to object, I shall not 
object, and I yield to the gentleman from South Dakota [Mr. Johnson] 
for an explanation of the bill.
  Mr. JOHNSON of South Dakota. Mr. Speaker, this legislation was 
introduced by the gentleman from Minnesota [Mr. Penny] who also 
introduced the original beginning farmer legislation.
  H.R. 5065 makes certain technical changes in the operation of the 
Beginning Farmer loan program administered by USDA's Farmers Home 
Administration.
  The bill was approved by voice vote of the Committee on Agriculture 
on Wednesday. I urge the House to support its passage.
  Mr. ALLARD. Mr. Speaker, I withdraw my reservation of objection.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from South Dakota?
  There was no objection.
  The Clerk read the bill, as follows:

                               H.R. 5065

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

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Beginning Farmer Technical 
     Corrections Act of 1994''.

     SEC. 2. LAND OWNERSHIP LIMITATION MADE INAPPLICABLE TO 
                   OPERATING LOANS.

       Section 343(a)(11) of the Consolidated Farm and Rural 
     Development Act (7 U.S.C. 1991(a)(11)) is amended by adding 
     after and below the end the following:
       ``As used in subtitle B, the term `qualified beginning 
     farmer or rancher' shall have the meaning given in the 
     preceding sentence without regard to subparagraph (F).''.

     SEC. 3. GRADUATION OF BORROWERS WITHOUT REGARD TO YOUTH 
                   LOANS.

       Section 319 of the Consolidated Farm and Rural Development 
     Act (7 U.S.C. 1949) is amended by adding at the end the 
     following:
       ``(c) Disregard of Loans Made to Youths.--As used in this 
     section, the term `loan' does not include any loan made under 
     section 312(b).''.

     SEC. 4. LOAN HISTORY AND GUARANTEE HISTORY CONSIDERED 
                   SEPARATELY IN APPLYING THE TRANSITION RULE FOR 
                   GRADUATION OF BORROWERS.

       Section 319(b)(2) of the Consolidated Farm and Rural 
     Development Act (7 U.S.C. 1949(b)(2)) is amended by striking 
     all that follows the 4th comma and inserting ``the Secretary 
     shall not make a loan to the borrower under this subtitle 
     after the 5th year occurring after the date of enactment for 
     which a loan is made under this subtitle to the borrower, nor 
     shall the Secretary provide such a guarantee with respect to 
     a loan made to the borrower for a purpose specified in this 
     subtitle after the 5th year occurring after the date of 
     enactment for which such a guarantee is provided with respect 
     to the borrower.''.


amendment in the nature of a substitute offered by mr. johnson of south 
                                 dakota

  Mr. JOHNSON of South Dakota. Mr. Speaker, I offer an amendment in the 
nature of a substitute.
  The Clerk read as follows:

       Amendment in the nature of a substitute offered by Mr. 
     Johnson of South Dakota: Strike out all after the enacting 
     clause and insert in lieu thereof the following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Beginning Farmer Technical 
     Corrections Act of 1994''.

     SEC. 2. LAND OWNERSHIP LIMITATION MADE INAPPLICABLE TO 
                   OPERATING LOANS.

       Section 343(a)(11) of the Consolidated Farm and Rural 
     Development Act (7 U.S.C. 1991(a)(11)) is amended by adding 
     after and below the end the following:
       ``As used in subtitle B, the term `qualified beginning 
     farmer or rancher' shall have the meaning given in the 
     preceding sentence without regard to subparagraph (F).''.

     SEC. 3. GRADUATION OF BORROWERS WITHOUT REGARD TO YOUTH 
                   LOANS.

       Section 319 of the Consolidated Farm and Rural Development 
     Act (7 U.S.C. 1949) is amended by adding at the end the 
     following:
       ``(e) Disregard of Loans Made to Youths.--As used in this 
     section, the term `loan' does not include any loan made under 
     section 311(b).''.

     SEC. 4. DIRECT LOAN HISTORY AND GUARANTEE HISTORY TO BE 
                   CONSIDERED SEPARATELY IN APPLYING THE 
                   TRANSITION RULE FOR GRADUATION OF BORROWERS.

       Section 319(b)(2) of the Consolidated Farm and Rural 
     Development Act (7 U.S.C. 1949(b)(2)) is amended to read as 
     follows:
       ``(2) Transition rules.--
       ``(A) Consideration of direct loan history.--If, as of 
     October 28, 1992. the Secretary has, for 5 or more years, 
     made a     loan to a borrower under this subtitle, then, 
     after the 5th year (occurring after October 28, 1992) for 
     which a     loan has been made to the borrower under this 
     subtitle, the Secretary shall not make a     loan to the 
     borrower under this subtitle.
       ``(B) Consideration of guarantee history.--If, as of 
     October 28, 1992, the Secretary has, for 10 or more years, 
     provided a guarantee under this subtitle with respect to a 
     loan made to a borrower, then, after the 5th year (occurring 
     after October 28, 1992) for which a guarantee has been 
     provided under this subtitle with respect to a loan made to 
     the borrower, the Secretary shall not provide a guarantee 
     under this subtitle with respect to a loan made to the 
     borrower.''.

  Mr. JOHNSON of South Dakota (during the reading). Mr. Speaker, I ask 
unanimous consent that the amendment in the nature of a substitute be 
considered as read and printed in the Record.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from South Dakota?
  There was no objection.
  The SPEAKER pro tempore. The question is on the amendment in the 
nature of a substitute offered by the gentleman from South Dakota [Mr. 
Johnson].
  The amendment in the nature of a substitute was agreed to.
  The bill was ordered to be engrossed and read a third time, was read 
the third time, and passed, and a motion to reconsider was laid on the 
table.

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