[The Regulatory Plan and Unified Agenda of Federal Regulations]
[Farm Credit Administration Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


_______________________________________________________________________

Part L





Farm Credit Administration





_______________________________________________________________________



Semiannual Regulatory Agenda

FARM CREDIT ADMINISTRATION (FCA)                                       
  
  
_______________________________________________________________________
  

FARM CREDIT ADMINISTRATION

12 CFR Ch. VI

Unified Agenda of Regulations

AGENCY: Farm Credit Administration.

ACTION: Departmental unified agenda of regulations and review list.

_______________________________________________________________________

SUMMARY: The Farm Credit Administration (FCA), as an independent 
regulatory agency in compliance with Executive Order 12866, sets forth 
the following agenda of regulations which it will have under 
development and review during the period of October 1995 through April 
1996.

FOR FURTHER INFORMATION CONTACT: Cindy R. Nicholson, Paralegal 
Specialist, Regulation Development, Office of Examination, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, Virginia 22102-5090, 
(703) 883-4498, TDD (703) 883-4444.

SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act (5 U.S.C. 601 
et seq.) contains several provisions intended to reduce unnecessary and 
disproportionate regulatory requirements on small entities. FCA 
regulations, which apply to Farm Credit banks and associations and 
certain other federally chartered entities, generally do not and will 
not have a substantial impact on ``small entities'' as that term is 
defined in the Regulatory Flexibility Act.

    The FCA, as an independent regulatory agency, is exempt from 
certain provisions of Executive Order 12866. It participates in 
this joint publication to further the public interest by including 
FCA in a single source of information concerning current and 
projected rulemaking and reviews of existing regulations, pursuant 
to section 4 of the Executive Order 12866.

Dated: September 15, 1995.

Floyd Fithian,

Secretary, Farm Credit Administration Board.

                                                  Prerule Stage                                                 
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4442        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Non-              
            Dollar Debt)..........................................................................    3052-AB68 
----------------------------------------------------------------------------------------------------------------


                                               Proposed Rule Stage                                              
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4443        Loan Policies and Operations (General Financing Agreement)............................    3052-AB09 
4444        Eligibility and Scope of Financing; Loan Policies and Operations; General Provisions;               
            Definitions; Nondiscrimination in Lending (Eligibility)...............................    3052-AB10 
4445        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations;                   
            General Provisions; Disclosure to Shareholders; Capital Adequacy (Capital - Phase II).    3052-AB48 
4446        Loan Policies and Operations (Borrower Rights - Phase I)..............................    3052-AB52 
4447        Loan Policies and Operations; Loans in Areas Having Special Flood Hazards (Flood                    
            Insurance)............................................................................    3052-AB57 
4448        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations                    
            (Capital--Phase III)..................................................................    3052-AB58 
4449        Loan Policies and Operations; Lending Authorities, Loan Purchases and Sales, and                    
            Disclosure of Loan Information (Secondary Market Participations)......................    3052-AB59 
4450        Organization; Loan Policies and Operations; General Provisions; Definition (Regulatory              
            Review and Deletions).................................................................    3052-AB61 
4451        Disclosure to Shareholders (Quarterly Report).........................................    3052-AB62 
4452        Loan Policies and Operations (Loan Underwriting Standards)............................    3052-AB64 
4453        Loan Policies and Operations (Uninsured Voluntary and Involuntary Accounts)...........    3052-AB65 
4454        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations                    
            (Global Debt).........................................................................    3052-AB66 
4455        Loan Policies and Operations (Other Financing Institutions)...........................    3052-AB67 
----------------------------------------------------------------------------------------------------------------


                                                Final Rule Stage                                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4456        Referral of Crimes and Suspected Crimes (Criminal Referral)...........................    3052-AB33 
4457        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations;                   
            Disclosure to Shareholders (Director Elections).......................................    3052-AB60 
----------------------------------------------------------------------------------------------------------------


                                                Long-Term Actions                                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4458        Federal Agricultural Mortgage Corporation Risk-Based Capital Regulation...............    3052-AB56 
4459        Leasing Authorities...................................................................    3052-AB63 
----------------------------------------------------------------------------------------------------------------


                                                Completed Actions                                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4460        Disclosure to Shareholders; Association Annual Meeting Information Statement..........    3052-AB37 
4461        Organization; General Provisions; Disclosure to Shareholders; Technical Assistance and              
            Financially Related Services; Member Insurance (Related Services).....................    3052-AB43 
4462        Supplemental Standards of Ethical Conduct for Employees of the Farm Credit                          
            Administration (Ethics)...............................................................    3052-AB50 
4463        Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and                         
            Operations, and Funding Operations, General Provisions (Regulatory Burden)............    3052-AB53 
----------------------------------------------------------------------------------------------------------------

      
  
          
_______________________________________________________________________

FARM CREDIT ADMINISTRATION (FCA)                          Prerule Stage
  
  
_______________________________________________________________________
  
4442.  FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND 
OPERATIONS, AND FUNDING OPERATIONS (NON-DOLLAR DEBT)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2013; 12 USC 2122; 12 USC 2153; 12 USC 2154; 
12 USC 2160; 12 USC 2252

CFR Citation:  12 CFR 615

Legal Deadline: None

Abstract: Would authorize Farm Credit System institutions to issue debt 
in foreign currency.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

ANPRM                           11/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Michael J. LaVerghetta, Senior Financial Analyst, 
Office of Examination, Farm Credit Administration, 1501 Farm Credit 
Drive, McLean, VA 22101-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB68
_______________________________________________________________________

FARM CREDIT ADMINISTRATION (FCA)                    Proposed Rule Stage
  
  
_______________________________________________________________________
  
4443. LOAN POLICIES AND OPERATIONS (GENERAL FINANCING AGREEMENT)

Priority:  Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC 
2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121

CFR Citation:  12 CFR 614

Legal Deadline: None

Abstract: Would clarify existing policies and procedures for the 
establishment of a funding relationship between the Farm Credit banks 
and their affiliated direct lending institutions. Would provide uniform 
guidelines upon which the general financing agreements shall be 
developed and executed, and eliminate FCA prior approval.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            11/03/88                    53 FR 44438
NPRM Comment Period End         12/05/88                    53 FR 44438
NPRM                            04/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB09
_______________________________________________________________________

4444. ELIGIBILITY AND SCOPE OF FINANCING; LOAN POLICIES AND 
OPERATIONS; GENERAL PROVISIONS; DEFINITIONS; NONDISCRIMINATION IN LENDING 
(ELIGIBILITY)

Priority:  Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2013; 12 USC 2015; 12 USC 2017; 12 USC 2018; 
12 USC 2019; 12 USC 2073; 12 USC 2075; 12 USC 2093; 12 USC 2122; 12 USC 
2128; 12 USC 2129; 12 USC 2143; 12 USC 2243; 12 USC 2252; 42 USC 3601 
et seq

CFR Citation:  12 CFR 613; 12 CFR 614; 12 CFR 618; 12 CFR 619; 12 CFR 
626

Legal Deadline: None

Abstract: Would clarify existing policies and procedures with respect 
to borrower eligibility and scope of financing as provided for in the 
Farm Credit Act 1971, as amended.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            09/11/95                    60 FR 47103
NPRM Comment Period End         12/11/95                    60 FR 47103

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: John J. Hays, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB10
_______________________________________________________________________

4445. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS; GENERAL PROVISIONS; DISCLOSURE TO SHAREHOLDERS; 
CAPITAL ADEQUACY (CAPITAL - PHASE II)

Priority:  Other Significant

Legal Authority:  12 USC 2013; 12 USC 2019; 12 USC 2020; 12 USC 2073; 
12 USC 2074; 12 USC 2075; 12 USC 2076; 12 USC 2093; 12 USC 2122; 12 USC 
2128; 12 USC 2132; 12 USC 2146; 12 USC 2154; 12 USC 2160; 12 USC 2202b

CFR Citation:  12 CFR 615; 12 CFR 618; 12 CFR 620

Legal Deadline: None

Abstract: Would amend regulations to address directives and surplus 
requirements.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            07/27/95                    60 FR 38521
NPRM Comment Period End         10/25/95                    60 FR 38521
Final Action                    05/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB48
_______________________________________________________________________

4446. LOAN POLICIES AND OPERATIONS (BORROWER RIGHTS - PHASE I)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC 
2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121

CFR Citation:  12 CFR 614

Legal Deadline: None

Abstract: Would revise the regulation dealing with the 10-day 
notification to borrowers that is required when there is a change in 
the interest rate.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            11/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498

Agency Contact: Robert S. Child, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB52
_______________________________________________________________________

4447. LOAN POLICIES AND OPERATIONS; LOANS IN AREAS HAVING SPECIAL 
FLOOD HAZARDS (FLOOD INSURANCE)

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC 
2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121

CFR Citation:  12 CFR 614

Legal Deadline:  Other, Statutory, June 20, 1995.
Statutory deadline of June 20, 1995 for coordinated adoption with other 
Federal financial institution regulators of FEMA Standard Flood Hazard 
Determination Form.

Abstract: Would develop flood insurance regulations required by title 
V--National Flood Insurance Reform of the Riegle Community Development 
and Regulatory Improvement Act of 1994.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

Final Action on Determination 
Form                            07/06/95                    60 FR 35286
NPRM                            10/18/95                    60 FR 53962
NPRM Comment Period End         12/18/95
Effective Date of Determination 
Form                            01/02/96                    60 FR 35286

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Robert G. Magnuson, Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB57
_______________________________________________________________________

4448. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS (CAPITAL--PHASE III)

Priority:  Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2154; 12 USC 2154a; 12 USC 2252; 12 USC 2154 
note; PL 100-233, sec 301

CFR Citation:  12 CFR 615

Legal Deadline: None

Abstract: Would revise the current capital regulations taking into 
consideration safety and soundness concerns and similar regulations of 
other commercial bank regulators.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB58
_______________________________________________________________________

4449. LOAN POLICIES AND OPERATIONS; LENDING AUTHORITIES, LOAN 
PURCHASES AND SALES, AND DISCLOSURE OF LOAN INFORMATION (SECONDARY MARKET 
PARTICIPATIONS)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC 
2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121

CFR Citation:  12 CFR 614.4000; 12 CFR 614.4010; 12 CFR 614.4030; 12 
CFR 614.4040; 12 CFR 614.4336; 12 CFR 614.4367

Legal Deadline: None

Abstract: Would amend regulations on lending authorities, loan 
purchases and sales, and disclosure of loan information with respect to 
participation in the agricultural secondary market by System banks and 
associations.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB59
_______________________________________________________________________

4450.  ORGANIZATION; LOAN POLICIES AND OPERATIONS; GENERAL 
PROVISIONS; DEFINITION (REGULATORY REVIEW AND DELETIONS)

Priority:  Routine and Frequent

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2021; 12 USC 2071; 
12 USC 2091; 12 USC 2121; 12 USC 2142; 12 USC 2183; 12 USC 2203; 12 USC 
2209; 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 USC 2279aa; 12 USC 
2279aa-5(e)

CFR Citation:  12 CFR 611; 12 CFR 614; 12 CFR 618; 12 CFR 619

Legal Deadline: None

Abstract: Would review regulations to determine unnecessary, outdated, 
duplicative or burdensome requirements that can be deleted or revised.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            04/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Linda C. Sherman, Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB61
_______________________________________________________________________

4451.  DISCLOSURE TO SHAREHOLDERS (QUARTERLY REPORT)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2252; 12 USC 2254; 12 USC 2279aa-11; PL 100-
233, sec 424

CFR Citation:  12 CFR 620

Legal Deadline: None

Abstract: Would revise the current regulation to address the regulatory 
burden comments regarding the distribution requirements of the 
quarterly report to shareholders.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            04/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Robert G. Magnuson, Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB62
_______________________________________________________________________

4452.  LOAN POLICIES AND OPERATIONS (LOAN UNDERWRITING 
STANDARDS)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  42 USC 4012a; 42 USC 4104a; 42 USC 4104b; 42 USC 
4106; 42 USC 4128; 12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2019; 12 USC 2071; 12 USC 2073; 12 USC 
2074; ...

CFR Citation:  12 CFR 614

Legal Deadline: None

Abstract: Would clarify existing loan underwriting guidance and provide 
flexibility where appropriate.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            03/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: John J. Hays, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB64
_______________________________________________________________________

4453.  LOAN POLICIES AND OPERATIONS (UNINSURED VOLUNTARY 
AND INVOLUNTARY ACCOUNTS)

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 2013; 12 USC 2073

CFR Citation:  12 CFR 614

Legal Deadline: None

Abstract: Would revise current regulation by providing additional 
guidance on use of uninsured voluntary and involuntary accounts by Farm 
Credit System institutions.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            09/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Robert G. Magnuson, Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB65
_______________________________________________________________________

4454.  FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND 
OPERATIONS, AND FUNDING OPERATIONS (GLOBAL DEBT)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2013; 12 USC 2019; 12 USC 2020; 12 USC 2073; 
12 USC 2074; 12 USC 2075; 12 USC 2076; 12 USC 2093; 12 USC 2122; 12 USC 
2128; 12 USC 2132; 12 USC 2146; 12 USC 2154; 12 USC 2160; 12 USC 2202b; 
...

CFR Citation:  12 CFR 615

Legal Deadline: None

Abstract: Would authorize Farm Credit System institutions to issue 
dollar-denominated debt in foreign markets and authorize the use of 
fiscal agents other than the Federal Reserve System.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            12/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Laurie A. Rea, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB66
_______________________________________________________________________

4455.  LOAN POLICIES AND OPERATIONS (OTHER FINANCING 
INSTITUTIONS)

Priority:  Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2011; 12 USC 2013; 12 USC 2014; 12 USC 2015; 
12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC 
2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121

CFR Citation:  12 CFR 614

Legal Deadline: None

Abstract: Would revise existing policies and procedures for the 
establishment of a funding relationship between Farm Credit System 
banks and other financing institutions.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            04/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB67
_______________________________________________________________________

FARM CREDIT ADMINISTRATION (FCA)                       Final Rule Stage
  
  
_______________________________________________________________________
  
4456. REFERRAL OF CRIMES AND SUSPECTED CRIMES (CRIMINAL REFERRAL)

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 2243; 12 USC 2252; 12 USC 2254

CFR Citation:  12 CFR 617

Legal Deadline: None

Abstract: Would revise regulations covering the referral of crimes and 
suspected crimes by implementing the uniform process and referral form 
developed by the Bank Fraud Working Group.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            10/13/92                    57 FR 46819
NPRM Comment Period End         11/12/92                    57 FR 46819
Resolicitation of Comments 
Regarding Criminal Referral     06/20/94                    59 FR 31562
Comment Period End Regarding 
Criminal Referral               08/19/94
Final Action                    01/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB33
_______________________________________________________________________

4457.  FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND 
OPERATIONS, AND FUNDING OPERATIONS; DISCLOSURE TO SHAREHOLDERS (DIRECTOR 
ELECTIONS)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

Legal Authority:  12 USC 2013; 12 USC 2015; 12 USC 2018; 12 USC 2019; 
12 USC 2020; 12 USC 2073; 12 USC 2074; 12 USC 2075; 12 USC 2076; 12 USC 
2093; 12 USC 2122; 12 USC 2128; 12 USC 2132; 12 USC 2146; 12 USC 2154; 
...

CFR Citation:  12 CFR 615; 12 CFR 620

Legal Deadline: None

Abstract: Would allow greater flexibility in the method by which 
directors are elected, consistent with cooperative principles.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            06/09/95                    60 FR 30470
NPRM Comment Period End         07/10/95                    60 FR 30470
Final Action                    11/00/95

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: John J. Hays, Policy Analyst, Office of Examination, 
Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-
5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB60
_______________________________________________________________________

FARM CREDIT ADMINISTRATION (FCA)                      Long-Term Actions
  
  
_______________________________________________________________________
  
4458. FEDERAL AGRICULTURAL MORTGAGE CORPORATION RISK-BASED CAPITAL 
REGULATION

Priority:  Substantive, Nonsignificant

CFR Citation:  Not yet determined

Timetable: Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Suzanne J. McCrory
Phone: 703 883-4280
TDD: 703 883-4444

RIN: 3052-AB56
_______________________________________________________________________

4459.  LEASING AUTHORITIES

Priority:  Substantive, Nonsignificant

Legal Authority:  12 USC 2252

CFR Citation:  12 CFR Not yet determined

Legal Deadline: None

Abstract: Would develop comprehensive leasing regulations for all Farm 
Credit System institutions.

Timetable:
_________________________________________________________________________

Action                            Date                      FR Cite

_________________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Paralegal Specialist, Regulation Development, Office of Examination, 
703-883-4498.

Agency Contact: Robert G. Magnuson, Policy Analyst, Office of 
Examination, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB63
_______________________________________________________________________

FARM CREDIT ADMINISTRATION (FCA)                      Completed Actions
  
  
_______________________________________________________________________
  
4460. DISCLOSURE TO SHAREHOLDERS; ASSOCIATION ANNUAL MEETING 
INFORMATION STATEMENT

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

CFR Citation:  12 CFR 620

Completed:
_________________________________________________________________________

Reason                            Date                      FR Cite

_________________________________________________________________________

Final Action                    04/24/95                    60 FR 20011
Final Action Effective          05/24/95                    60 FR 27684

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Laurie A. Rea
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB37
_______________________________________________________________________

4461. ORGANIZATION; GENERAL PROVISIONS; DISCLOSURE TO SHAREHOLDERS; 
TECHNICAL ASSISTANCE AND FINANCIALLY RELATED SERVICES; MEMBER INSURANCE 
(RELATED SERVICES)

Priority:  Other Significant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

CFR Citation:  12 CFR 611; 12 CFR 618; 12 CFR 620

Completed:
_________________________________________________________________________

Reason                            Date                      FR Cite

_________________________________________________________________________

Final Action                    06/30/95                    60 FR 34090
Final Action Effective          08/08/95                    60 FR 42029

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Linda C. Sherman
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB43
_______________________________________________________________________

4462. SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF 
THE FARM CREDIT ADMINISTRATION (ETHICS)

Priority:  Other

CFR Citation:  12 CFR 601; 5 CFR 4101

Completed:
_________________________________________________________________________

Reason                            Date                      FR Cite

_________________________________________________________________________

Final Action                    09/13/95                    60 FR 47453
Final Action Effective          09/13/95

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Eric Howard
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB50
_______________________________________________________________________

4463. LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, 
LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS, GENERAL PROVISIONS 
(REGULATORY BURDEN)

Priority:  Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will revise text in the CFR to reduce burden or 
duplication, or streamline requirements.

CFR Citation:  12 CFR 614; 12 CFR 615; 12 CFR 618

Completed:
_________________________________________________________________________

Reason                            Date                      FR Cite

_________________________________________________________________________

Final Action                    04/24/95                    60 FR 20008
Final Action Effective          05/24/95                    60 FR 27401

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Eric Howard
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB53
[FR Doc. 95-23624 Filed 11-24-95; 8:45 am]
BILLING CODE 6705-01-F