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        <title>Farm Storage Facility Loan (FSFL) Program; Portable Storage Facilities and Reduced Down Payment for FSFL Microloans</title>
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    <abstract>The Farm Service Agency (FSA) administers the FSFL Program on behalf of the Commodity Credit Corporation (CCC). This rule amends the FSFL Program regulations to add eligibility for portable storage structures, portable equipment, and storage and handling trucks, and to reduce the down payment and documentation requirements for a new "microloan" category of FSFLs up to $50,000. These changes are intended to address the needs of smaller farms and specialty crop producers. This rule also includes technical and clarifying changes that are consistent with how the FSFL Program is already implemented, including specifying commodities that are already eligible for FSFLs but are not currently listed in the regulations, and changing the required life span of the storage facility from a minimum of 15 years to a minimum of the FSFL term, plus any extensions.</abstract>
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        <topic>Administrative Practice and Procedure</topic>
        <topic>Loan Programs-Agriculture</topic>
        <topic>Penalties</topic>
        <topic>Price Support Programs</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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        <summary>The Farm Service Agency (FSA) administers the FSFL Program on behalf of the Commodity Credit Corporation (CCC). This rule amends the FSFL Program regulations to add eligibility for portable storage structures, portable equipment, and storage and handling trucks, and to reduce the down payment and documentation requirements for a new "microloan" category of FSFLs up to $50,000. These changes are intended to address the needs of smaller farms and specialty crop producers. This rule also includes technical and clarifying changes that are consistent with how the FSFL Program is already implemented, including specifying commodities that are already eligible for FSFLs but are not currently listed in the regulations, and changing the required life span of the storage facility from a minimum of 15 years to a minimum of the FSFL term, plus any extensions.</summary>
        <dates>Effective: April 29, 2016.</dates>
        <contact>Toni Williams; phone (202) 720-2270. Persons with disabilities who require alternative means of communication should contact the USDA Target Center at (202) 720-2600 (voice).</contact>
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            <subject>Administrative Practice and Procedure</subject>
                                    
            <subject>Loan Programs-Agriculture</subject>
                                    
            <subject>Penalties</subject>
                                    
            <subject>Price Support Programs</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                
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        <tocSubject1>Farm Storage Facility Loan Program:</tocSubject1>
        <tocDoc>Portable Storage Facilities and Reduced Down Payment for FSFL Microloans
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            <partNumber>Vol. 81, no. 83</partNumber>
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