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


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Part XLVIII





Farm Credit Administration





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Semiannual Regulatory Agenda

[[Page 27854]]



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 12 months following publication.

FOR FURTHER INFORMATION CONTACT: Cindy R. Nicholson, Technical Editor, 
Office of the Secretary to the Board, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102, (703) 883-4125, TTY (703) 883-
4056.

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 
FCA in a single source of information concerning current and 
projected rulemaking and reviews of existing regulations, pursuant 
to section 4 of Executive Order 12866.

Dated: March 18, 2005.

 Jeanette C. Brinkley,

Secretary, Farm Credit Administration Board.

                                    Farm Credit Administration--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3680        Title IV Conservators, Receivers, and Voluntary Liquidations; Joint and Several           3052-AC16
            Liability--Priority of Claims.........................................................
----------------------------------------------------------------------------------------------------------------


                                 Farm Credit Administration--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3681        Disclosure to Shareholders; Accounting and Reporting Requirements--Disclosure and         3052-AC11
            Reporting Requirements................................................................
3682        Regulatory Burden.....................................................................    3052-AC15
3683        Federal Agricultural Mortgage Corporation--Farmer Mac Risk-Based Capital Standards....    3052-AC17
3684        Eligibility and Scope of Financing--Scope of Lending..................................    3052-AC20
3685        Title IV Conservators, Receivers, and Voluntary Liquidations--Receivership Repudiation    3052-AC26
            Authorities...........................................................................
3686        Organization; Loan Policies and Operations; Termination of Farm Credit Status.........    3052-AC29
----------------------------------------------------------------------------------------------------------------


                                  Farm Credit Administration--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3687        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations;         3052-AC09
            Capital Adequacy--Risk-Weighting Revisions............................................
3688        Federal Agricultural Mortgage Corporation--Farmer Mac Nonprogram Investments and          3052-AC18
            Liquidity.............................................................................
3689        Organization; Standards of Conduct; Loan Policies and Operations; Funding and Fiscal      3052-AC19
            Affairs, Loan Policies and Operations, and Funding Opers.; Gen. Provisions;
            Definitions; Disclosure to Shareholders...............................................
3690        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations--        3052-AC21
            Capital Adequacy-Preferred Stock......................................................
3691        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations--        3052-AC22
            Investments, Liquidity, and Divestiture...............................................
3692        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations--        3052-AC23
            Investments in Farmers' Notes.........................................................
3693        Borrower Rights.......................................................................    3052-AC24
----------------------------------------------------------------------------------------------------------------


[[Page 27855]]


                                  Farm Credit Administration--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3694        Organization and Functions--FCA Organization..........................................    3052-AB82
3695        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations--        3052-AB92
            Investments in Rural America..........................................................
3696        Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations--        3052-AC25
            Capital Adequacy-Basel Accord.........................................................
3697        Assessment and Apportionment of Administrative Expenses--Assessment of FCA Expenses...    3052-AC27
----------------------------------------------------------------------------------------------------------------


                                  Farm Credit Administration--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3698        Rules of Practice and Procedure; Adjusting Civil Money Penalties for Inflation........    3052-AC28
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Farm Credit Administration (FCA)                          Prerule Stage


  



_______________________________________________________________________




3680. TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONS; 
JOINT AND SEVERAL LIABILITY--PRIORITY OF CLAIMS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2183; 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 
USC 2277a; . . .

CFR Citation: 12 CFR 627

Legal Deadline: None

Abstract: This rulemaking would respond to a regulatory petition to 
change the priority of claims from System banks under their joint and 
several obligations for debt issuances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Begin Review                    04/25/03
End Review                      07/00/05
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Tong-Ching Chang, Senior Policy Analyst, Office of 
Policy and Analysis, Farm Credit Administration, 1501 Farm Credit 
Drive, McLean, VA 22102
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC16
_______________________________________________________________________


Farm Credit Administration (FCA)                    Proposed Rule Stage


  



_______________________________________________________________________




3681. DISCLOSURE TO SHAREHOLDERS; ACCOUNTING AND REPORTING REQUIREMENTS-
-DISCLOSURE AND REPORTING REQUIREMENTS

Priority: Other Significant

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

CFR Citation: 12 CFR 620; 12 CFR 621

Legal Deadline: None

Abstract: This rulemaking would consider regulatory changes for 
disclosure and reporting requirements for Farm Credit System 
institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Robert Edward Donnelly, Senior Accountant, Farm Credit 
Administration, Office of Policy and Analysis, 1501 Farm Credit Drive, 
McLean, VA 22102
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC11

[[Page 27856]]

_______________________________________________________________________




3682. REGULATORY BURDEN

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2252

CFR Citation: 12 CFR 600 to 650

Legal Deadline: None

Abstract: This action would end our evaluation of comments received 
from our earlier solicitation on the removal or revision of outdated, 
unnecessary, or burdensome regulations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Notice                          05/16/03                    68 FR 26551
Comment Period End              07/15/03
Begin Review                    10/15/03
End Review                      02/28/05
NPRM                            11/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Kristen Grifka, Policy Analyst, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
Fax: 703-734-5784
Email: [email protected]

RIN: 3052-AC15
_______________________________________________________________________




3683. FEDERAL AGRICULTURAL MORTGAGE CORPORATION--FARMER MAC RISK-BASED 
CAPITAL STANDARDS

Priority: Other Significant

Legal Authority: 12 USC 2183; 12 USC 2243; 12 USC 2252; 12 USC 2279aa-
11; 12 USC 2279bb; . . .

CFR Citation: 12 CFR 650

Legal Deadline: None

Abstract: This rulemaking would change certain aspects of the 
regulatory risk-based capital standards for Farmer Mac and propose 
revisions for capital adequacy planning requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/00/05
Final Rule                       To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Joe Connor, Associate Director for Policy and Analysis, 
Office of Secondary Market Oversight, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102
Phone: 703 883-4280
Fax: 703 883-4477
Email: [email protected]

RIN: 3052-AC17
_______________________________________________________________________




3684. ELIGIBILITY AND SCOPE OF FINANCING--SCOPE OF LENDING

Priority: Other Significant

Legal Authority: 12 USC 2013; 12 USC 2015; 12 USC 2017 to 2019; . . .

CFR Citation: 12 CFR 613

Legal Deadline: None

Abstract: This rulemaking would revise regulations governing 
eligibility and scope of lending for farmers and ranchers and how 
``moderately priced'' rural housing limits are determined.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           05/02/03                    68 FR 23425
Public Hearing                  05/02/03                    68 FR 23425
Comment Period Extended         07/29/03                    68 FR 44490
ANPRM Comment Period End        07/31/03
Comment Period Extended End     10/29/03
NPRM                            10/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Mark L. Johansen, Senior Policy Analyst, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC20
_______________________________________________________________________




3685. TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONS--
RECEIVERSHIP REPUDIATION AUTHORITIES

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

Legal Authority: 12 USC 2183; 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 
USC 2277a; 12 USC 2277a-7

CFR Citation: 12 CFR 627

Legal Deadline: None

Abstract: This rulemaking would amend existing FCA receivership 
regulations to clarify certain circumstances where the receiver would 
not use its repudiation authorities.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/27/05                    70 FR 21685
NPRM Comment Period End         06/27/05
Final Rule                       To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary of the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Robert Edward Donnelly, Senior Accountant, Farm Credit 
Administration, Office of Policy

[[Page 27857]]

and Analysis, 1501 Farm Credit Drive, McLean, VA 22102
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC26
_______________________________________________________________________




3686. [bull] ORGANIZATION; LOAN POLICIES AND OPERATIONS; TERMINATION OF 
FARM CREDIT STATUS

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

Legal Authority: 12 USC 2279d; 12 USC 2279e

CFR Citation: 12 CFR 611; 12 CFR 614

Legal Deadline: None

Abstract: This rule would consider regulatory changes to the existing 
termination regulations for Farm Credit System institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary of the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

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: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC29
_______________________________________________________________________


Farm Credit Administration (FCA)                       Final Rule Stage


  



_______________________________________________________________________




3687. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS; CAPITAL ADEQUACY--RISK-WEIGHTING REVISIONS

Priority: Other Significant

Legal Authority: 12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 
2073 to 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-10; 12 USC 2279aa-12; . . .

CFR Citation: 12 CFR 615

Legal Deadline: None

Abstract: This regulation would revise capital risk weightings of 
assets more consistent with the other Federal bank regulatory agencies 
and address other risk-weighting issues affecting System institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/06/04                    69 FR 47984
NPRM Comment Period End         11/04/04
Final Rule                      05/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Robert Edward Donnelly, Senior Accountant, Farm Credit 
Administration, Office of Policy and Analysis, 1501 Farm Credit Drive, 
McLean, VA 22102
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC09
_______________________________________________________________________




3688. FEDERAL AGRICULTURAL MORTGAGE CORPORATION--FARMER MAC NONPROGRAM 
INVESTMENTS AND LIQUIDITY

Priority: Other Significant

Legal Authority: 12 USC 2183; 12 USC 2243; 12 USC 2252; 12 USC 2279aa-
11; 12 USC 2279bb; . . .

CFR Citation: 12 CFR 650

Legal Deadline: None

Abstract: This rulemaking would propose liquidity standards and 
regulatory limits for nonprogram investments permitted for Farmer Mac.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/14/04                    69 FR 32905
NPRM Comment Period End         09/13/04
Final Rule                      06/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Joe Connor, Associate Director for Policy and Analysis, 
Office of Secondary Market Oversight, Farm Credit Administration, 1501 
Farm Credit Drive, McLean, VA 22102
Phone: 703 883-4280
Fax: 703 883-4477
Email: [email protected]

RIN: 3052-AC18

[[Page 27858]]

_______________________________________________________________________




3689. ORGANIZATION; STANDARDS OF CONDUCT; LOAN POLICIES AND OPERATIONS; 
FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING 
OPERS.; GEN. PROVISIONS; DEFINITIONS; DISCLOSURE TO SHAREHOLDERS

Priority: Other Significant

Legal Authority: 12 USC 2243; 12 USC 2252; 12 USC 2254; 12 USC 2013; 12 
USC 2019

CFR Citation: 12 CFR 611; 12 CFR 612; 12 CFR 615; 12 CFR 618 to 620; 12 
CFR 630; 12 CFR 614

Legal Deadline: None

Abstract: This rulemaking would amend the governance of FCS 
institutions for enhanced oversight of management and operations; 
enhance disclosure requirements for FCS institution employees and 
directors who receive compensation from other entities; and require 
audit committee standards and compensation committee for all FCS 
lending institutions.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            01/19/05                     70 FR 2963
NPRM Comment Period End         03/21/05
NPRM Comment Period Extended    02/24/05                     70 FR 9016
Comment Period End              05/20/05
Final Rule                      09/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Robert Andros, Senior Economist, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC19
_______________________________________________________________________




3690. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS--CAPITAL ADEQUACY-PREFERRED STOCK

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 
2073 to 2076; . . .

CFR Citation: 12 CFR 615

Legal Deadline: None

Abstract: This regulation would establish safety and soundness 
parameters on the issuance of preferred stock and regulatory controls 
to ensure fair and equitable treatment of all shareholders.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/04/04                    69 FR 31541
NPRM Comment Period End         08/03/04
Final Rule                      06/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

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: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC21
_______________________________________________________________________




3691. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS--INVESTMENTS, LIQUIDITY, AND DIVESTITURE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 
2073 to 2076; . . .

CFR Citation: 12 CFR 615

Legal Deadline: None

Abstract: This regulation would modify current investment eligibility 
criteria, portfolio limits, and liquidity requirements.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/16/04                    69 FR 67070
NPRM Comment Period End         01/03/05
Final Rule                      07/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

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: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC22
_______________________________________________________________________




3692. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS--INVESTMENTS IN FARMERS' NOTES

Priority: Other Significant

Legal Authority: 12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 
2073 to 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

CFR Citation: 12 CFR 615

Legal Deadline: None

Abstract: This rule would amend existing regulations to make credit 
more available to non-System lenders who make agricultural loans and to 
enterprises who sell agricultural supplies, equipment, and other 
capital goods on credit to farmers and ranchers.

[[Page 27859]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/14/04                    69 FR 55362
NPRM Comment Period End         10/14/04
Comment Period Extended         10/25/04                    69 FR 62226
Comment Period Extended End     11/24/04
Final Rule                      09/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

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: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC23
_______________________________________________________________________




3693. BORROWER RIGHTS

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

Legal Authority: 12 USC 2199; 12 USC 2200 to 2202; 12 USC 2202a; 12 USC 
2202c to 2202e; 12 USC 2219e; 12 USC 2243; 12 USC 2252

CFR Citation: 12 CFR 617

Legal Deadline: None

Abstract: This rulemaking would amend existing regulations to provide 
an option to borrowers who want their loans to be syndicated to waive 
certain borrower rights.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/16/04                    69 FR 67074
NPRM Comment Period End         12/16/04
Final Rule                      04/12/05                    70 FR 18965
Final Rule Effective            05/00/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Mark L. Johansen, Senior Policy Analyst, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC24
_______________________________________________________________________


Farm Credit Administration (FCA)                      Long-Term Actions


  



_______________________________________________________________________




3694. ORGANIZATION AND FUNCTIONS--FCA ORGANIZATION

Priority: Info./Admin./Other

CFR Citation: 12 CFR 600

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: Robert Edward Donnelly
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB82
_______________________________________________________________________




3695. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS--INVESTMENTS IN RURAL AMERICA

Priority: Other Significant

CFR Citation: 12 CFR 615

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Begin Review                    03/15/04
End Review                      09/30/04
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Laurie A. Rea
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AB92
_______________________________________________________________________




3696. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND 
FUNDING OPERATIONS--CAPITAL ADEQUACY-BASEL ACCORD

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

CFR Citation: 12 CFR 615

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Begin Review                    11/01/04
End Review                       To Be                       Determined
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Tong-Ching Chang
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC25

[[Page 27860]]

_______________________________________________________________________




3697. ASSESSMENT AND APPORTIONMENT OF ADMINISTRATIVE EXPENSES--
ASSESSMENT OF FCA EXPENSES

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

CFR Citation: 12 CFR 607

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Begin Review                    02/02/05
End Review                       To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert Andros
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC27
_______________________________________________________________________


Farm Credit Administration (FCA)                      Completed Actions


  



_______________________________________________________________________




3698. [bull] RULES OF PRACTICE AND PROCEDURE; ADJUSTING CIVIL MONEY 
PENALTIES FOR INFLATION

Priority: Info./Admin./Other

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

CFR Citation: 12 CFR 622

Legal Deadline: None

Abstract: This final rule implements cost-of-living adjustments to 
civil money penalties FCA may impose under the Act and under the 
National Flood Insurance Reform Act of 1994.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Rule                      03/15/05                    70 FR 12583
Final Rule Effective            03/16/05

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Additional Information: FEDERAL REGISTER LIAISON: Cindy R. Nicholson, 
Technical Editor, Office of the Secretary to the Board, (703) 883-4125, 
[email protected]

URL For More Information:
www.fca.gov

URL For Public Comments:
www.fca.gov

Agency Contact: Mark L. Johansen, Senior Policy Analyst, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4434
Fax: 703 734-5784
Email: [email protected]

RIN: 3052-AC28
[FR Doc. 05-6009 Filed 05-13-05; 8:45 am]
BILLING CODE 6705-01-S