Farm Service Agency 2008 – Federal Register Recent Federal Regulation Documents
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Farm Loan Programs
This rule amends the Farm Service Agency (FSA) regulations for direct and guaranteed Farm Operating loans and Farm Ownership loans, and the lease and disposal of inventory property. This rule implements changes required by the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill). The maximum loan amount authorized for direct Farm Ownership loans and direct Farm Operating loans is being increased. The existing Beginning Farmer Downpayment Loan Program is being amended to include socially disadvantaged farmers and to reduce the size of the required down payment. Regulations governing lease and disposal of FSA's real estate inventory, which currently give priority to beginning farmers, are being amended to also give socially disadvantaged farmers priority.
Request for Extension of a Currently Approved Information Collection; End-Use Certificate Program
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from all interested individuals and organizations on an extension of a currently approved information collection that supports the End-Use Certificate Program.
Commodity Credit Corporation; Information Collection; Debt Settlement Policies and Procedures
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) and the Commodity Credit Corporation (CCC) are requesting comments from all interested individuals and organizations on an extension of a currently approved information collection that supports the FSA and CCC Debt Settlement Policies and Procedures regulations.
Maximum Interest Rates on Guaranteed Farm Loans
The Farm Service Agency (FSA) is proposing to amend its guaranteed farm loan program regulations governing interest rates to increase clarity and to be more consistent with other government loan guarantee programs. FSA is proposing to tie the maximum interest rate that may be charged on FSA guaranteed farm loans to nationally published indices such as the Wall Street Journal Prime (also known as New York Prime), or the 10-year Treasury note rate unless the lender uses a formal written risk-based pricing model for loans, in which case the rate will be the rate charged to moderate risk borrowers. This proposed rule specifically asks for comments on the index to be used and the maximum allowable spread between the base rate and the rate to be charged to FSA guaranteed borrowers.
Notice of Funds Availability (NOFA) To Invite Applications for the American Indian Credit Outreach Initiative
The Farm Service Agency (FSA) is requesting applications for competitive cooperative agreement funds for Fiscal Year (FY) 2009 for the credit outreach initiative targeted to American Indian farmers, ranchers, and youth residing primarily on Indian reservations within the contiguous United States. FSA anticipates the availability of $746,496 in funding and the award to one successful applicant through a Cooperative Agreement. This request for applications is being made prior to passage of an FY 2009 appropriations bill to allow applicants sufficient time to submit proposals, give the Agency maximum time to process applications, and permit continuity of this program. FSA requests proposals from eligible non-profit organizations, land-grant institutions, and federally-recognized Indian tribal governments interested in a competitively-awarded cooperative agreement to create and implement a mechanism that will provide credit outreach and promotion, pre-loan education, and one-on-one loan application preparation assistance to American Indian farmers, ranchers, and youth. Successful proposals may include other innovative services intended to enhance participation by American Indians in specific FSA's Agricultural Credit Programs.
Public Meetings of Advisory Committee on Beginning Farmers and Ranchers
We are issuing this notice to advise the public that meetings of the Advisory Committee on Beginning Farmers and Ranchers (Committee) will be held to discuss various beginning farmer and rancher issues.
Guaranteed Loans; Number of Days of Interest Paid on Loss Claims
The Farm Service Agency (FSA) is clarifying and simplifying its regulations governing the number of days interest will be paid on loss claims. The liquidation provisions currently provide a timeframe for the interest payment based upon ``the date of the decision to liquidate,'' which is often difficult to determine. This final rule will eliminate ``the date of the decision to liquidate'' as the beginning timeframe for the interest payment on loss claims. In addition, FSA is clarifying the guaranteed lender's responsibility for future recoveries.
Emergency Conservation Program
U.S. Department of Agriculture, Farm Service Agency (FSA) announces the availability of a Draft Supplemental Environmental Impact Statement (SEIS) for potential changes to the Emergency Conservation Program (ECP). ECP provides emergency funding to farmers and ranchers who have suffered damage to their agricultural lands as a result of a natural disaster. The goals of ECP are to restore farmland (currently, cropland, hayland, and pastureland) to a normal productive state after a natural disaster and provide assistance to producers to carry out emergency water conservation or enhancing measures in times of severe drought. The potential changes (proposed action) under consideration include expanding ECP eligibility to other types of farmland, namely timberland, farmsteads, roads, and feedlots. If FSA implements the changes, FSA would publish a proposed rule to reflect changes to the policy. The draft SEIS is available for public comment. The draft SEIS analyzes the impacts of the proposed action on the nation's environmental resources and economy. FSA analyzed the no action alternative (continuation of current program) to provide an environmental baseline.
Information Collection: Long Term Contracting System (LTCS)
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Farm Service Agency and Commodity Credit Corporation (CCC) at Kansas City Commodity Office (KCCO) are seeking comments from all interested individuals and organizations on an extension with revision of a currently approved information collection associated with the Long Term Contracting System. This collection is necessary for the procurement of agricultural commodities by KCCO for domestic feeding programs. Vendors bidding on long-term invitations complete and submit their offers on-line through the Long Term Contracting System (LTCS), which records the system date/time that the offer was submitted and ensures that the data remains secured within the system until bid opening time.
Information Collection; Transfer of Farm Records Between Counties
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from interested individuals and organizations on an extension of a currently approved information collection associated with transferring of farm records from one administrative county office to another.
Request for an Extension of a Currently Approved Information Collection; County Committee Elections
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from all interested individuals and entities on an extension of a currently approved information collection associated with the FSA County Committee Elections. The collection of information from FSA Farmers and Ranchers is used to receive nominations from eligible voters for the County Committee.
Dairy Disaster Assistance Payment Program III
This final rule establishes a new program, the Dairy Disaster Assistance Payment Program III, as authorized by the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007. The program will provide $16 million in assistance for producers in counties designated as a major disaster or emergency area by the President, or those declared a natural disaster area by the Secretary of Agriculture. Counties declared disasters by the President may be eligible, even though agricultural loss was not covered by the declaration, if there has been a Farm Service Agency Administrator's Physical Loss Notice covering such losses. The natural disaster declarations by the Secretary or the President must have been issued between January 1, 2005 and December 31, 2007, that is, after January 1, 2005, and before December 31, 2007. Counties contiguous to such counties will also be eligible. This program is designed to provide financial assistance to producers who suffered dairy production losses due to natural disasters in the eligible counties.
Information Collection: Report of Acreage, Noninsured Crop Disaster Assistance Program
In accordance with the Paperwork Reduction Act of 1995, the Commodity Credit Corporation (CCC) and the Farm Service Agency (FSA) are seeking comments from all interested individuals and organizations on an extension with revision of a currently approved information collection associated with the report of acreage for the Noninsured Crop Disaster Assistance Program (NAP). This information collection is needed to administer the program.
Information Collection; United States Warehouse Act (USWA)
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from all interested individuals and organizations on an extension of a currently approved information collection process associated with the regulations, licensing and electronic provider agreements issued under the United States Warehouse Act (USWA).
Information Collection: Volunteer Programs
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from all interested individuals and organizations on an extension of a currently approved information collection associated with the Standards for Approval of Volunteer Programs.
Request for Extension With Revision of a Currently Approved Information Collection; Representation for CCC and FSA Loans Authorization To File a Financing Statement
In accordance with the Paperwork Reduction Act of 1995, the Commodity Credit Corporation (CCC) and the Farm Service Agency (FSA) is seeking from all interested individuals and organizations on an extension with revision of a currently approved information collection associated with form CCC-10 used to support the CCC and FSA Farm Loan Programs (FLPs).
Information Collection; Transfer of Farm Records Between Counties
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency (FSA) is seeking comments from interested individuals and organizations on an extension of a currently approved information collection associated with transferring of farm records from one administrative county office to another.
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