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Regulatory Information
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2010-09-23
article
2002 Farm Bill Regulations-Loan Eligibility Provisions
Proposed Rules
D09002ee1bdec4e1d
D09002ee1bdec4e93
United States
Department of Agriculture
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org
United States Government Agency or Subagency
United States
Farm Service Agency
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United States Government Agency or Subagency
United States
Rural Housing Service
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United States Government Agency or Subagency
United States
Rural Business-Cooperative Service
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United States Government Agency or Subagency
United States
Rural Utilities Service
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United States Government Agency or Subagency
The Farm Service Agency (FSA) proposes to amend the regulations for direct and guaranteed farm operating loans (OL) to implement the provision of the Farm Security and Rural Investment Act of 2002 (2002 Act) relating to loan eligibility for applicants with prior debt forgiveness resulting from a disaster or emergency designated by the President. FSA is proposing that borrowers who are current on an FSA loan at the onset of a Presidentially-declared disaster or emergency, but who receive debt forgiveness on that loan following the disaster, would be eligible for OL loan assistance if all other regulatory requirements were met. FSA is also proposing to amend the regulations for direct farm ownership (FO) loans to comply with the 2002 Act. FSA is proposing that applicants may qualify for a loan if they participated in the business operations of a farm or ranch for at least three of the past five years, rather than having operated a farm or ranch for that length of time. This portion of the rule is intended to make more borrowers eligible for FSA farm loan assistance. Finally, FSA is proposing to amend regulations concerning reamortization of amortized Shared Appreciation Agreement (SAA) recapture debt.
68 FR 17316
https://www.govinfo.gov/app/details/FR-2003-04-09/03-8646
03-8646
fr09ap03-21
RIN 0560-AG81
3410-05-P
https://www.govinfo.gov/app/details/FR-2003-04-09/03-8646
https://www.govinfo.gov/content/pkg/FR-2003-04-09/html/03-8646.htm
https://www.govinfo.gov/content/pkg/FR-2003-04-09/pdf/03-8646.pdf
Crops
Livestock
Rural Areas
Youth
Recreation
Water Resources
Account Servicing
Credit
Debt Restructuring
Loan Programs-Housing and Community Development
General-Agriculture
Loan Programs-Agriculture
5 p.
17316
17320
68 FR 17316
Code of Federal Regulations
Title 7 Part 1941
7 CFR Part 1941
Code of Federal Regulations
Title 7 Part 1943
7 CFR Part 1943
Code of Federal Regulations
Title 7 Part 1951
7 CFR Part 1951
Code of Federal Regulations
Title 7 Part 762
7 CFR Part 762
Regulation Identification Number 0560-AG81
RIN 0560-AG81
2002 Farm Bill Regulations-Loan Eligibility Provisions; Federal Register Vol. 68, Issue
PRORULE
03-8646
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
2003-06-09
3410-05-P
03-8646
Proposed rule.
The Farm Service Agency (FSA) proposes to amend the regulations for direct and guaranteed farm operating loans (OL) to implement the provision of the Farm Security and Rural Investment Act of 2002 (2002 Act) relating to loan eligibility for applicants with prior debt forgiveness resulting from a disaster or emergency designated by the President. FSA is proposing that borrowers who are current on an FSA loan at the onset of a Presidentially-declared disaster or emergency, but who receive debt forgiveness on that loan following the disaster, would be eligible for OL loan assistance if all other regulatory requirements were met. FSA is also proposing to amend the regulations for direct farm ownership (FO) loans to comply with the 2002 Act. FSA is proposing that applicants may qualify for a loan if they participated in the business operations of a farm or ranch for at least three of the past five years, rather than having operated a farm or ranch for that length of time. This portion of the rule is intended to make more borrowers eligible for FSA farm loan assistance. Finally, FSA is proposing to amend regulations concerning reamortization of amortized Shared Appreciation Agreement (SAA) recapture debt.
Comments on the rule must be received on or before June 9, 2003, to be assured of consideration.
Kathy Zeidler, Senior Loan Officer, USDA, FSA, Farm Loan Programs, Loan Making Division, STOP 0522, 1400 Independence Avenue, SW., Washington, DC 20250-0522; telephone (202) 720-5199; or e-mail kathy--zeidler@wdc.usda.gov. Comments on the rule may be inspected by contacting Ms. Zeidler for arrangements during normal business hours. Persons with disabilities who require alternative means for communication (Braille, large print, audio tape, etc.) should contact the USDA Target Center at (202) 720-2600 (voice and TDD).
Crops
Livestock
Rural Areas
Youth
Recreation
Water Resources
Account Servicing
Credit
Debt Restructuring
Loan Programs-Housing and Community Development
General-Agriculture
Loan Programs-Agriculture
Special programs:
Farm Security and Rural Investment Act of 2002; implementation
Loan eligibility provisions,
kathy_zeidler@wdc.usda.gov
http://www.sc.egov.usda.gov
Federal Register
Vol. 68, no. 68
Office of the Federal Register, National Archives and Records Administration
2003-04-09
continuing
daily
deposited
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283 p.
Table of Contents:
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https://www.govinfo.gov/app/details/FR-2003-04-09
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https://www.govinfo.gov/app/details/FR-2003-04-09
https://www.govinfo.gov/content/pkg/FR-2003-04-09/pdf/FR-2003-04-09.pdf
https://www.govinfo.gov/content/pkg/FR-2003-04-09/xml/FR-2003-04-09.xml
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2010-09-23
2023-05-04
FR-2003-04-09
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FR-2003-04-09
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