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Code · BILL · 113th Congress · S. 954 (Placed on Calendar Senate) — To reauthorize agricultural programs through 2018. · Sec. 5102

Sec. 5102. Loans to purchasers of highly fractionated land

145 words·~1 min read·/bill/113/s/954/pcs/section-5102

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The first sentence of Public Law 91–229 ( 25 U.S.C. 488 ) is amended— in subsection (a), in the first sentence, by striking loans from and all that follows through 1929) and inserting direct loans in a manner consistent with direct loans pursuant to chapter 4 of subtitle A of the Consolidated Farm and Rural Development Act ; in subsection (b)(1)— by striking pursuant to section 205(c) of the Indian Land Consolidation Act ( ; and 25 U.S.C. 2204(c) ) by inserting or to intermediaries in order to establish revolving loan funds for the purchase of highly fractionated land under that section before the period at the end; and by adding at the end the following:
In determining regulations and procedures to define eligible purchasers of highly fractionated land under this section, the Secretary of Agriculture shall consult with the Secretary of the Interior. .
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  • Pub. L. 91-229
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Sec. 5102
Loans to purchasers of highly fractionated land
Pub. L.Pub. L. 91-229
Cites 3Cited by 0 across 0 sources
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