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


_______________________________________________________________________

Part XLVII





Farm Credit Administration





_______________________________________________________________________



Semiannual Regulatory Agenda

[[Page 63424]]



FARM CREDIT ADMINISTRATION (FCA)                                       


  



_______________________________________________________________________

FARM CREDIT ADMINISTRATION

12 CFR Ch. VI

Unified Agenda of Federal Regulatory and Deregulatory Actions

AGENCY: Farm Credit Administration.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

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 1996 through April 
1997.

FOR FURTHER INFORMATION CONTACT: Cindy R. Nicholson, Paralegal 
Specialist, Regulation Development, Office of Policy Development and 
Risk Control, 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 20, 1996.

Floyd Fithian,

Secretary, Farm Credit Administration Board.

                                               Proposed Rule Stage                                              
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4401        Loan Policies and Operations (General Financing Agreement)............................    3052-AB09 
4402        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations                    
            (Capital--Phase III)..................................................................    3052-AB58 
4403        Loan Policies and Operations; Lending Authorities (Secondary Market Participations)...    3052-AB59 
4404        Regulation Review and Deletions.......................................................    3052-AB61 
4405        Disclosure to Shareholders (Quarterly Report).........................................    3052-AB62 
4406        Leasing Authorities...................................................................    3052-AB63 
4407        Loan Policies and Operations (Other Financing Institutions)...........................    3052-AB67 
4408        Federal Agricultural Mortgage Corporation; Receivers and Conservators.................    3052-AB72 
----------------------------------------------------------------------------------------------------------------


                                                Final Rule Stage                                                
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4409        Capital Adequacy and Customer Eligibility.............................................    3052-AB10 
4410        Loan Policies and Operations (Loan Underwriting Standards)............................    3052-AB64 
4411        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Book-             
            entry Farm Credit Securities).........................................................    3052-AB73 
----------------------------------------------------------------------------------------------------------------


                                                Long-Term Actions                                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4412        Referral of Crimes and Suspected Crimes (Criminal Referral)...........................    3052-AB33 
4413        Federal Agricultural Mortgage Corporation Risk-Based Capital Regulation...............    3052-AB56 
4414        Loan Policies and Operations (Borrower Rights - Effective Interest Rate)..............    3052-AB69 
4415        Organization (Organizational Issues)..................................................    3052-AB71 
----------------------------------------------------------------------------------------------------------------


[[Page 63425]]


                                                Completed Actions                                               
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation 
 Sequence                                           Title                                            Identifier 
  Number                                                                                               Number   
----------------------------------------------------------------------------------------------------------------
4416        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations;                   
            General Provisions; Disclosure to Shareholders; Capital Adequacy (Capital - Phase II).    3052-AB48 
4417        Loan Policies and Operations; Loans in Areas Having Special Flood Hazards (Flood                    
            Insurance)............................................................................    3052-AB57 
4418        Loan Policies and Operations (Uninsured Voluntary and Involuntary Accounts)...........    3052-AB65 
4419        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Non-              
            Dollar Debt)..........................................................................    3052-AB68 
4420        Book-Entry Procedures for Federal Agricultural Mortgage Corporation Securities........    3052-AB70 
4421        Rules of Practice and Procedure; Civil Money Penalties Inflation Adjustment...........    3052-AB74 
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


FARM CREDIT ADMINISTRATION (FCA)                    Proposed Rule Stage


  



_______________________________________________________________________




4401. 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 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
NPRM                            01/00/97

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Robert Coleman, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB09
_______________________________________________________________________




4402. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS (CAPITAL--PHASE III)

Priority:  Other Significant

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                            07/00/97

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Policy Development & Risk Control, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB58
_______________________________________________________________________




4403. LOAN POLICIES AND OPERATIONS; LENDING AUTHORITIES (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

CFR Citation:  12 CFR 614.4000; 12 CFR 614.4010; 12 CFR 614.4030; 12 
CFR 614.4040; 12 CFR 614.4050

Legal Deadline: None

Abstract: Would amend regulations on lending authorities with respect 
to participation in the agricultural secondary market by System banks 
and associations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/96

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R.

[[Page 63426]]

Nicholson, Paralegal Specialist, Regulation Development, Office of 
Policy Development and Risk Control, 703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB59
_______________________________________________________________________




4404. REGULATION 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 602; 12 CFR 611; 12 CFR 612; 12 CFR 614; 12 CFR 
615; 12 CFR 618; 12 CFR 619; 12 CFR 627

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                            01/00/97

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Linda C. Sherman, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB61
_______________________________________________________________________




4405. 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                            10/11/96                    61 FR 53331
NPRM Comment Period End         11/12/96
Final Action                    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 Policy 
Development and Risk Control, 703-883-4498.

Agency Contact: Laurie A. Rea, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB62
_______________________________________________________________________




4406. 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                            05/00/97

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Robert G. Magnuson, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB63
_______________________________________________________________________




4407. 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

________________________________________________________________________

ANPRM                           05/17/96                    61 FR 24907
ANPRM Comment Period End        07/16/96
Comment Period Extension ANPRM  07/17/96                    61 FR 37230
Comment Period End ANPRM 
Extension                       08/30/96
NPRM                            05/00/97

Small Entities Affected: None

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R.

[[Page 63427]]

Nicholson, Paralegal Specialist, Regulation Development, Office of 
Policy Development and Risk Control, 703-883-4498.

Agency Contact: Eric Howard, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB67
_______________________________________________________________________




4408. FEDERAL AGRICULTURAL MORTGAGE CORPORATION; RECEIVERS AND 
CONSERVATORS

Priority:  Other Significant. Major status under 5 USC 801 is 
undetermined.

Legal Authority:  PL 104-105

CFR Citation:  12 CFR 600 to 650

Legal Deadline:  NPRM, Statutory, May 10, 1996.

Abstract: Would amend the Federal Agricultural Mortgage Corporation 
regulations by adding a subpart to govern a receivership or 
conservatorship.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/96

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Gaylon Dykstra, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB72
_______________________________________________________________________


FARM CREDIT ADMINISTRATION (FCA)                       Final Rule Stage


  



_______________________________________________________________________




4409. CAPITAL ADEQUACY AND CUSTOMER 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 615; 12 CFR 618; 12 CFR 
619; 12 CFR 620; 12 CFR 626

Legal Deadline: None

Abstract: Would amend regulations to address customer eligibility and 
scope of financing as well as capital directives and surplus 
requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM Capital (Phase II)         07/27/95                    60 FR 38521
NPRM Eligibility                09/11/95                    60 FR 47103
NPRM Comment Period End Capital 
(Phase II)                      10/25/95                    60 FR 38521
NPRM Comment Period End 
Eligibility                     12/11/95                    60 FR 47103
NPRM                            08/13/96                    61 FR 42092
NPRM Comment Period End         09/12/96
Final Action                    01/00/97

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Policy Development & Risk Control, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784 John J. Hays, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB10
_______________________________________________________________________




4410. 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                            04/15/96                    61 FR 16403
NPRM Comment Period End         05/15/96
Final Action                    12/00/96

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: John J. Hays, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498

[[Page 63428]]

TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB64
_______________________________________________________________________




4411.  FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, 
AND FUNDING OPERATIONS (BOOK-ENTRY FARM CREDIT SECURITIES)

Priority:  Other Significant. Major under 5 USC 801.

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 revise sections of the Farm Credit securities book-
entry regulations to reflect changes to the Treasury book-entry 
regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/00/96

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Michael LaVerghetta, Senior Financial Analyst, Office 
of Policy Development & Risk Control, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB73
_______________________________________________________________________


FARM CREDIT ADMINISTRATION (FCA)                      Long-Term Actions


  



_______________________________________________________________________




4412. REFERRAL OF CRIMES AND SUSPECTED CRIMES (CRIMINAL REFERRAL)

Priority:  Substantive, Nonsignificant

CFR Citation:  12 CFR 617

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

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

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Eric Howard
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB33
_______________________________________________________________________




4413. FEDERAL AGRICULTURAL MORTGAGE CORPORATION RISK-BASED CAPITAL 
REGULATION

Priority:  Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

CFR Citation:  Not yet determined

Timetable: Next Action Undetermined

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Larry W. Edwards
Phone: 703 883-4280
TDD: 703 883-4444

RIN: 3052-AB56
_______________________________________________________________________




4414. LOAN POLICIES AND OPERATIONS (BORROWER RIGHTS - EFFECTIVE INTEREST 
RATE)

Priority:  Substantive, Nonsignificant

CFR Citation:  12 CFR 614

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Gaylon Dykstra
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB69
_______________________________________________________________________




4415. ORGANIZATION (ORGANIZATIONAL ISSUES)

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 611

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            00/00/00

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Eric Howard
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB71

[[Page 63429]]

_______________________________________________________________________


FARM CREDIT ADMINISTRATION (FCA)                      Completed Actions


  



_______________________________________________________________________




4416. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS; GENERAL PROVISIONS; DISCLOSURE TO SHAREHOLDERS; 
CAPITAL ADEQUACY (CAPITAL - PHASE II)

Priority:  Other Significant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Merged With RIN 3052-AB10       06/25/96

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Dennis K. Carpenter
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB48
_______________________________________________________________________




4417. LOAN POLICIES AND OPERATIONS; LOANS IN AREAS HAVING SPECIAL FLOOD 
HAZARDS (FLOOD INSURANCE)

Priority:  Substantive, Nonsignificant

CFR Citation:  12 CFR 614

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    08/29/96                    61 FR 45684
Final Action Effective          10/04/96

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert G. Magnuson
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB57
_______________________________________________________________________




4418. LOAN POLICIES AND OPERATIONS (UNINSURED VOLUNTARY AND INVOLUNTARY 
ACCOUNTS)

Priority:  Substantive, Nonsignificant

CFR Citation:  12 CFR 614

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn Determined that no 
regulatory action is necessary. 04/17/96

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Robert G. Magnuson
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB65
_______________________________________________________________________




4419. 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.

CFR Citation:  12 CFR 615

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Withdrawn - No further 
regulatory action necessary.    09/11/96                    61 FR 47829

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Michael J. LaVerghetta
Phone: 703 883-4498
TDD: 703 883-4444

RIN: 3052-AB68
_______________________________________________________________________




4420. BOOK-ENTRY PROCEDURES FOR FEDERAL AGRICULTURAL MORTGAGE 
CORPORATION SECURITIES

Priority:  Other Significant

CFR Citation:  12 CFR 615

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    06/20/96                    61 FR 31392
Final Action Effective          06/13/96

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Larry W. Edwards
Phone: 703 883-4051
TDD: 703 883-4444

RIN: 3052-AB70
_______________________________________________________________________




4421.  RULES OF PRACTICE AND PROCEDURE; CIVIL MONEY PENALTIES 
INFLATION ADJUSTMENT

Priority:  Info./Admin./Other

Legal Authority:  12 USC 2268(a); 12 USC 2277a-14

CFR Citation:  12 CFR 622

Legal Deadline:  Final, Statutory, October 23, 1996.

Abstract: Would adjust for inflation civil money penalties that may be 
imposed by the Farm Credit Administration.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/22/96                    61 FR 54728
Final Action Effective          10/23/96

Small Entities Affected: None

Government Levels Affected: None

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

Agency Contact: Robert S. Child, Policy Analyst, Office of Policy 
Development & Risk Control, Farm Credit Administration, 1501 Farm 
Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD: 703 883-4444
Fax: 703 734-5784

RIN: 3052-AB74
[FR Doc. 96-24932 Filed 11-27-96; 8:45 am]
BILLING CODE 6705-01-F