[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]


[[Page 74841]]

Part L





Farm Credit Administration





_______________________________________________________________________



Semiannual Regulatory Agenda

[[Page 74842]]



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 2000 through April 
2001.

FOR FURTHER INFORMATION CONTACT:  Cindy R. Nicholson, Technical Editor, 
Regulation and Policy Division, Office of Policy and Analysis, Farm 
Credit Administration, 1501 Farm Credit Drive, McLean, Virginia 22102, 
(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, 
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 
the 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:  August 31, 2000.

 Kelly Mikel Williams,

Secretary, Farm Credit Administration Board.

                                 Farm Credit Administration--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4439         Loan Policies and Operations (Comprehensive Borrower Rights).......................     3052-AB69
4440         Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations        3052-AB92
            (Mission-Related Investments).......................................................
4441         Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and             3052-AB93
            Operations, and Funding Operations (Loan Purchases and Sales).......................
4442         Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and             3052-AB96
            Operations and Funding Operations (OFIs--Lending)...................................
4443         Organization (Stockholder Vote on Like-Lending Authority)..........................     3052-AC00
4444         Facilitating Electronic Commerce...................................................     3052-AC02
----------------------------------------------------------------------------------------------------------------


                                  Farm Credit Administration--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4445         Federal Agricultural Mortgage Corporation Risk-Based Capital Regulation............     3052-AB56
4446         Organization (Reorganization Authorities for System Institutions)..................     3052-AB86
4447         Organization; Funding and Fiscal Affairs, Loan Policies and Operations, and Funding     3052-AB91
            Operations (Stock Issuance).........................................................
4448         Disclosure to Shareholders (Annual Report).........................................     3052-AB94
4449         Loan Policies and Operations (Loans to Designated Parties).........................     3052-AB98
----------------------------------------------------------------------------------------------------------------


                                  Farm Credit Administration--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4450         Organization and Functions (FCA Organization)......................................     3052-AB82
4451         Eligibility and Scope of Financing.................................................     3052-AB90
----------------------------------------------------------------------------------------------------------------


                                  Farm Credit Administration--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4452         Organization; Loan Policies and Operations; General Provisions; Chartered               3052-AB87
            Territories (Participations)........................................................
4453         Standards of Conduct (Plain Language Revision).....................................     3052-AB95
4454         Regulatory Burden (Phase II).......................................................     3052-AB97

[[Page 74843]]

 
4455         Rules of Practice and Procedure (Adjusting Civil Money Penalties for Inflation)....     3052-AC01
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Farm Credit Administration (FCA)                    Proposed Rule Stage


  



_______________________________________________________________________




4439. LOAN POLICIES AND OPERATIONS (COMPREHENSIVE BORROWER RIGHTS)

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

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

CFR Citation: 12 CFR 614

Legal Deadline: None

Abstract: This rulemaking would revise borrower rights regulations to 
provide clarification and remove unnecessary burdens.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Eric Howard, Senior Policy Analyst, Office of Policy 
and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB69
_______________________________________________________________________




4440. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS (MISSION-RELATED INVESTMENTS)

Priority: Other Significant

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; 
12 USC 2154a; 12 USC 2160; 12 USC 2202b; 12 USC 2211; 12 USC 2243; 12 
USC 2252; 12 USC 2278b; 12 USC 2278b-6; 12 USC 2279aa; 12 USC 2279aa-3; 
12 USC 2279aa-4; 12 USC 2279aa-6; 12 USC 2279aa-7; 12 USC 2279aa-8; 12 
USC 2279aa-10; 12 USC 2279aa-12

CFR Citation: 12 CFR 615

Legal Deadline: None

Abstract: This regulation would develop safety and soundness standards 
and other criteria for mission-related investment activity and modify 
the risk-based capital requirement for positions in asset 
securitizations and equities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Laurie A. Rea, Senior Policy Analyst, Office of Policy 
and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB92
_______________________________________________________________________




4441. LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, LOAN 
POLICIES AND OPERATIONS, AND FUNDING OPERATIONS (LOAN PURCHASES AND 
SALES)

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 2279a-2; 12 USC 2279b; 12 USC 2279c-1; 12 USC 
2279f; 12 USC 2279f-1; 12 USC 2279aa; 12 USC 2279aa-5; 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; 12 USC 2075; 12 USC 2091; 12 USC 
2093; 12 USC 2094; 12 USC 2097; 12 USC 2121; 12 USC 2122; 12 USC 2124; 
12 USC 2128; 12 USC 2129; 12 USC 2131; 12 USC 2141; 12 USC 2149; 12 USC 
2183; 12 USC 2184; 12 USC 2199; 12 USC 2201; 12 USC 2202; 12 USC 2202a; 
12 USC 2202c; 12 USC 2202d; 12 USC 2202e; 12 USC 2206;

[[Page 74844]]

12 USC 2206a; 12 USC 2207; 12 USC 2211; 12 USC 2212; 12 USC 2213; 12 
USC 2214; 12 USC 2219a; 12 USC 2219b; 12 USC 2243; 12 USC 2244; 12 USC 
2252; 12 USC 2279a; ...

CFR Citation: 12 CFR 614; 12 CFR 615

Legal Deadline: None

Abstract: This regulation would remove regulatory restrictions 
affecting the System's ability to purchase interests in eligible loans 
and address any technical changes necessary.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Policy and Analysis, Farm Credit Administration, 1501 Farm Credit 
Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB93
_______________________________________________________________________




4442. LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, LOAN 
POLICIES AND OPERATIONS AND FUNDING OPERATIONS (OFIS--LENDING)

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 2019; 12 USC 2020; 12 USC 2071; 12 USC 
2073; 12 USC 2074; 12 USC 2075; 12 USC 2076; 12 USC 2091; 12 USC 2093; 
12 USC 2094; 12 USC 2097; 12 USC 2121; 12 USC 2122; 12 USC 2124; 12 USC 
2128; 12 USC 2129; 12 USC 2131; 12 USC 2132; 12 USC 2141; 12 USC 2146; 
12 USC 2149; 12 USC 2154; 12 USC 2154a; 12 USC 2160; 12 USC 2183; 12 
USC 2184; 12 USC 2199; ...

CFR Citation: 12 CFR 614; 12 CFR 615

Legal Deadline: None

Abstract: The regulation would seek input on possible impediments for 
OFIs obtaining System funding and to consider revising the current 
risk-weighting requirements for OFI direct loans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           04/20/00                    65 FR 21151
ANPRM Comment Period End        06/19/00
Comment Period Extended         06/26/00                    65 FR 39319
NPRM                            08/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Dennis K. Carpenter, Senior Policy Analyst, Office of 
Policy and Analysis, Farm Credit Administration, 1501 Farm Credit 
Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB96
_______________________________________________________________________




4443.  ORGANIZATION (STOCKHOLDER VOTE ON LIKE-LENDING AUTHORITY)

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2011; 12 USC 2021; 12 USC 2071; 12 USC 2091; 12 
USC 2121; ...

CFR Citation: 12 CFR 611

Legal Deadline: None

Abstract: This regulation would implement requirements in section 5.17 
of the Farm Credit Act of 1971, as amended, by requiring Farm Credit 
System stockholders to vote on competitive charters in certain areas of 
the country.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/09/00                    65 FR 26776
NPRM Comment Period End         06/08/00
Reproposed Rule                 09/29/00                    65 FR 58486
Reproposed Rule Comment Period 
End                             10/30/00
Final Rule                      01/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Eric Howard, Senior Policy Analyst, Office of Policy 
and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC00
_______________________________________________________________________




4444.  FACILITATING ELECTRONIC COMMERCE

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: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This regulation would amend existing and consider adopting 
new

[[Page 74845]]

regulations so that electronic commerce in the System is not hindered. 
The project will review consumer protection, corporate restructuring, 
and disclosures to shareholders regulations to address such areas as 
the ``Electronic Signatures Act'' and the Government Paperwork 
Elimination Act.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            05/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulations and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Dale L. Aultman, Policy Analyst, Office of Policy and 
Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, 
VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC02
_______________________________________________________________________


Farm Credit Administration (FCA)                       Final Rule Stage


  



_______________________________________________________________________




4445. FEDERAL AGRICULTURAL MORTGAGE CORPORATION RISK-BASED CAPITAL 
REGULATION

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

Legal Authority: 12 USC 2279bb-1; 12 USC 2279aa-11(a)(1)(B)(ii)

CFR Citation: 12 CFR 650

Legal Deadline: None

Abstract: This regulation will establish risk-based capital 
requirements for the Federal Agricultural Mortgage Corporation (also 
known as Farmer Mac). The law says these regulatory requirements will 
be used to determine the amount of capital needed to survive a 10-year 
period of both unfavorable credit and interest rate conditions. The law 
includes additional details on the level of unfavorable conditions to 
be included in the requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/12/99                    64 FR 61740
Correction                      01/11/00                     65 FR 1676
NPRM Comment Period Extended    02/24/00
NPRM Comment Period End         06/12/00
Final Rule                      02/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Carl Clinefelter, Director, Office of Secondary Market 
Oversight, Farm Credit Administration, 1501 Farm Credit Drive, McLean, 
VA 22102-5090
Phone: 703 883-4280
TDD Phone: 703 883-4444
Fax: 703 883-5784
Email: [email protected]

RIN: 3052-AB56
_______________________________________________________________________




4446. ORGANIZATION (REORGANIZATION AUTHORITIES FOR SYSTEM INSTITUTIONS)

Priority: Other Significant

Legal Authority: 12 USC 2011; 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 
USC 2279a to 2279f-1; 12 USC 2279aa5(e); 12 USC 2021; 12 USC 2071; 12 
USC 2091; 12 USC 2121; 12 USC 2142; 12 USC 2183; 12 USC 2203; 12 USC 
2209

CFR Citation: 12 CFR 611

Legal Deadline: None

Abstract: This rulemaking would establish regulations under which a 
bank or large association within the Farm Credit System can terminate 
its charter as provided for in the Farm Credit Act of 1971, as amended.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/05/99                    64 FR 60370
NPRM Comment Period End         02/03/00
Supplemental NPRM               02/03/00                     65 FR 5286
Comment Period End              03/06/00
Final Rule                      10/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Alan Markowitz, Senior Policy Analyst, Office of Policy 
and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB86
_______________________________________________________________________




4447. ORGANIZATION; FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND 
OPERATIONS, AND FUNDING OPERATIONS (STOCK ISSUANCE)

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 2021; 12 USC 2071; 12 USC 2073; 12 USC 2074; 12 USC

[[Page 74846]]

2075; 12 USC 2076; 12 USC 2091; 12 USC 2093; 12 USC 2121; 12 USC 2122; 
12 USC 2128; 12 USC 2132; 12 USC 2142; 12 USC 2146; 12 USC 2154; 12 USC 
2154a; 12 USC 2160; 12 USC 2183; 12 USC 2202b; 12 USC 2203; 12 USC 
2208; 12 USC 2209; 12 USC 2211; 12 USC 2243; 12 USC 2244; 12 USC 2252; 
12 USC 2278b; 12 USC 2278b-6; 12 USC 2279a to 2279f-1; 12 USC 2279aa; 
12 USC 2279aa-3; 12 USC 2279aa-4; 12 USC 2279aa-5(e); 12 USC 2279aa-6; 
12 USC 2279aa-7; 12 USC 2279aa-8; 12 USC 2279aa-10; 12 USC 2279aa-12; 
12 USC 2011

CFR Citation: 12 CFR 611; 12 CFR 615

Legal Deadline: None

Abstract: This regulation would consider permitting Farm Credit System 
institutions, including service corporations, to issue additional 
amounts of certain classes of stock and would allow service 
corporations to issue non-voting stock to non-System institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/23/99                    64 FR 72041
NPRM Comment Period End         01/24/00
Final Rule                      03/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Dale L. Aultman, Policy Analyst, Office of Policy and 
Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, 
VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB91
_______________________________________________________________________




4448. DISCLOSURE TO SHAREHOLDERS (ANNUAL REPORT)

Priority: Substantive, Nonsignificant

Reinventing Government: This rulemaking is part of the Reinventing 
Government effort. It will eliminate existing text in the CFR.

Legal Authority: 12 USC 2252; 12 USC 2254; 12 USC 2279a-11

CFR Citation: 12 CFR 620

Legal Deadline: None

Abstract: The regulation would consider eliminating the requirement 
that FCBs distribute their financial reports to the stockholders of 
their associations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/17/00                    65 FR 14494
NPRM Comment Period End         04/17/00
Final Rule                      02/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Robert Edward Donnelly, Senior Accountant, Farm Credit 
Administration, Office of Policy and Analysis, 1501 Farm Credit Drive, 
McLean, VA 22102-4943
Phone: 703 883-4450
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB94
_______________________________________________________________________




4449. LOAN POLICIES AND OPERATIONS (LOANS TO DESIGNATED PARTIES)

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; ...

CFR Citation: 12 CFR 614

Legal Deadline: None

Abstract: This regulation would provide Farm Credit System institutions 
greater flexibility concerning the approval of insider loans.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/17/00                    65 FR 14491
NPRM Comment Period End         04/17/00
Final Rule                      04/00/01

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-883-4498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Eric Howard, Senior Policy Analyst, Office of Policy 
and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB98

[[Page 74847]]

_______________________________________________________________________


Farm Credit Administration (FCA)                      Long-Term Actions


  



_______________________________________________________________________




4450. ORGANIZATION AND FUNCTIONS (FCA ORGANIZATION)

Priority: Info./Admin./Other

CFR Citation: 12 CFR 600

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Patricia W. DiMuzio
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB82
_______________________________________________________________________




4451. ELIGIBILITY AND SCOPE OF FINANCING

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 613

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                       To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Richard A. Katz
Phone: 703 883-4020
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB90
_______________________________________________________________________


Farm Credit Administration (FCA)                      Completed Actions


  



_______________________________________________________________________




4452. ORGANIZATION; LOAN POLICIES AND OPERATIONS; GENERAL PROVISIONS; 
CHARTERED TERRITORIES (PARTICIPATIONS)

Priority: Other Significant

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

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      04/25/00                    65 FR 24101
Final Rule Effective            05/25/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: S. Robert Coleman
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB87
_______________________________________________________________________




4453. STANDARDS OF CONDUCT (PLAIN LANGUAGE REVISION)

Priority: Info./Admin./Other

CFR Citation: 12 CFR 612

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Direct Final Rule               06/30/00                    65 FR 40486
Direct Final Rule Comment Period 
End                             07/31/00
Direct Final Rule Effective; 
Partial Withdrawal              09/11/00                    65 FR 54742

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Dale L. Aultman
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB95
_______________________________________________________________________




4454. REGULATORY BURDEN (PHASE II)

Priority: Other Significant

CFR Citation: 12 CFR 600 to 650

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Notice                          04/20/00                    65 FR 21128

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Eric Howard
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB97
_______________________________________________________________________




4455.  RULES OF PRACTICE AND PROCEDURE (ADJUSTING CIVIL MONEY 
PENALTIES FOR INFLATION)

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 USC 2261 to 
2273; 28 USC 2461 note

CFR Citation: 12 CFR 622

Legal Deadline: None

Abstract: This regulation would adjust our civil money penalties every 
four years for inflation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      07/27/00                    65 FR 46087
Final Rule Effective            10/23/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Regulation and Policy Division, Office of Policy and 
Analysis, 703-8834498, [email protected]
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: [email protected]
REGULATION COMMENTS: [email protected]

Agency Contact: Mark L. Johansen, Policy Analyst, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC01
[FR Doc. 00-23102 Filed 11-29-00]
BILLING CODE 6705-01-S