Sec. 5508. Technical corrections

1,420 words·~6 min read·/bill/119/hr/7567/ih/section-5508

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 333A(a)(2)(B)(vi) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1983a(a)(2)(B)(vi) ) is amended by striking by the county committee and inserting of the application . Section 336 of such Act ( 7 U.S.C. 1986 ) is amended— by striking the last sentence of subsection (b); and by striking subsection

(c)and redesignating subsection

(d)as subsection (c). Section 339 of such Act ( 7 U.S.C. 1989 ) is amended— in subsection (c)(4)(A), by striking county committee certification that the borrower of the loan meets the eligibility requirements and and inserting the borrower meeting ; and in subsection (d)(4)(A), by striking county committee certification that the borrower meets the eligibility requirements or and inserting the borrower meeting . Section 359(c)(1) of such Act ( 7 U.S.C. 2006a(c)(1) ) is amended by striking (as determined by the appropriate county committee during the determination of eligibility for the loan) . Section 360(d)(1) of such Act ( 7 U.S.C. 2006b(d)(1) ) is amended by striking annual review of direct loans, and periodic review (as determined necessary by the Secretary) of guaranteed loans and inserting periodic review (as determined by the Secretary) of direct and guaranteed loans . Section 309(e) of such Act ( 7 U.S.C. 1928(e) ) is amended by striking Farmers Home Administration and the Rural Development Administration and inserting Farm Service Agency and Rural Development . Section 331(b)(4) of such Act ( 7 U.S.C. 1981(b)(4) ) is amended by striking Consolidated . Section 331(b) of such Act ( 7 U.S.C. 1981(b) ) is amended in each of paragraphs

(5)and

(7)by striking Farmers Home Administration each place it appears and inserting Farm Service Agency and Rural Development . Section 331(b)(8) of such Act ( 7 U.S.C. 1981(b)(8) ) is amended by striking Rural Development Administration or by the Farmers Home Administration and inserting Farm Service Agency and Rural Development . Section 331A(a) of such Act ( 7 U.S.C. 1981a(a) ) is amended by striking Farmers Home Administration or by the Rural Development Administration and inserting Farm Service Agency or by Rural Development . Section 335(a) of such Act ( 7 U.S.C. 1985(a) ) is amended by striking Farmers Home Administration or the Rural Development Administration and inserting Farm Service Agency or Rural Development . Section 335(f)(1) of such Act ( 7 U.S.C. 1985(f)(1) ) is amended— by striking Agricultural Stabilization and Conservation Service payments and inserting Farm Service Agency farm program ; by striking Farmers Home Administration liens and inserting liens for a farmer program loan ; and by striking Farmers Home Administration farmer and inserting Farm Service Agency farmer . Section 338(a) of such Act ( 7 U.S.C. 1988(a) ) is amended by striking Farmers Home Administration or the Rural Development Administration and inserting Farm Service Agency and Rural Development . Section 347 of such Act ( 7 U.S.C. 1995 ) is amended by striking Farmers Home Administration and inserting Farm Service Agency and Rural Development . Section 356 of such Act ( 7 U.S.C. 2004 ) is amended— by striking Farmers Home Administration may and inserting Farm Service Agency and Rural Development may ; and by striking the inventory of the Farmers Home Administration and inserting inventory . Section 370(a) of such Act ( 7 U.S.C. 2008e(a) ) is amended by striking the Rural Development Administration, the Farmers Home Administration, the Rural Electrification Administration and inserting Rural Development, the Farm Service Agency, the Rural Utilities Service . Each of the following provisions of such Act is amended by striking Farmers Home Administration each place it appears and inserting Farm Service Agency : Section 309(g)(1) ( 7 U.S.C. 1929(g)(1) ). Section 331A(a) ( 7 U.S.C. 1981a(a) ). Section 333A(a)(2)(B) ( 7 U.S.C. 1983a(a)(2)(B) ). Section 333A(e)(1) ( 7 U.S.C. 1983a(e)(1) ). Section 335(d) ( 7 U.S.C. 1985(d) ). Section 353A ( 7 U.S.C. 2001a ). Section 349(e)(1)(B) ( 7 U.S.C. 1997(e)(1)(B) ). Section 361 ( 7 U.S.C. 2006c ). Section 335(c)(1) of such Act ( 7 U.S.C. 1985(c)(1) ) is amended— in subparagraph (A), by striking 15 and inserting 60 ; in subparagraph (B)(i)— by striking 135 and inserting 180 ; and by inserting suitable for farming and ranching, as determined by the Secretary before the comma; and in subparagraph (C), by striking not later than 135 days after acquiring the real property, the Secretary shall, not later than 30 days after the 135-day period, and inserting or if the property is not suitable for farming and ranching as determined by the Secretary, not later than 60 days after the 180-day period, the Secretary shall . Section 331(b)(1) of such Act ( 7 U.S.C. 1981(b)(1) ) is amended by striking , and until January and all that follows through fit) . Section 335(f) of such Act ( 7 U.S.C. 1985(f) ) is amended— by striking paragraphs

(3)through

(5)and redesignating paragraph

(6)as paragraph (3); and by striking paragraph

(7)and inserting the following: The Secretary shall issue regulations consistent with this section that ensures the release of funds to each borrower. . Section 333A(a)(2)(B) of such Act ( 7 U.S.C. 1983a(a)(2)(B) ) is amended by striking district office each place it appears and inserting District Director . Section 343(a)(6) of such Act ( 7 U.S.C. 1991(a)(6) ) is amended by striking the Trust Territory of the Pacific Islands and inserting the Federated States of Micronesia, the Republic of Palau, and the Republic of the Marshall Islands . Section 343(a)(10) of such Act ( 7 U.S.C. 1991(a)(10) ) is amended by inserting before June 18, 2008, conservation loan

(CL)under section 304 on or after June 18, 2008, before emergency loan

(EM). Section 343(a)(11)(C) of such Act ( 7 U.S.C. 1991(a)(11)(C) ) is amended by striking related to one another by blood or marriage and inserting qualified beginning farmers . Section 303(a) of such Act ( 7 U.S.C. 1923(a) ) is amended in each of paragraphs (1)(D) and (2)(D) by striking described in section 304 . Section 310D of such Act ( 7 U.S.C. 1934 ) is amended by striking , or paragraphs

(1)through

(5)of section 304(a), and inserting section 304(a) . Section 353(i)(1) of such Act ( 7 U.S.C. 2001(i)(1) ) is amended by striking registered or certified mail and inserting any method that provides documentation of delivery . Section 306(a)(13) of such Act ( 7 U.S.C. 1926(a)(13) ) is amended by striking Soil Conservation Service and inserting Natural Resources Conservation Service . Section 307(a)(3)(B) of such Act ( 7 U.S.C. 1927(a)(3)(B) ) is amended by striking not be— and all that follows and inserting be equal to the interest rate for direct farm ownership loans under this subtitle, not to exceed 5 percent per year. . Section 316(a)(2) of such Act ( 7 U.S.C. 1946(a)(2) ) is amended by striking not be— and all that follows and inserting be equal to the interest rate for direct farm ownership loans under this subtitle, not to exceed 5 percent per year. . Section 309(h)(6) of such Act ( 7 U.S.C. 1929(h)(6) ) is amended in the paragraph heading by striking and inserting Beginning farmer loans . Down payment loan program participant Section 312 of such Act ( 7 U.S.C. 1942 ) is amended by striking subsection

(d)and redesignating subsection

(e)as subsection (d). Section 319 of such Act ( 7 U.S.C. 1949 ) is amended— in the section heading, by striking ; and or guarantees by striking or with respect to whom there is an outstanding guarantee under this subtitle . Section 346 of such Act ( 7 U.S.C. 1994 ) is amended by striking subsections

(c)and (d). Section 352(c)(3) of such Act ( 7 U.S.C. 2000(c)(3) ) is amended by striking section 333B and inserting subtitle H of title II of Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 . Section 353 of such Act ( 7 U.S.C. 2001 ) is amended— in subsection (h), by striking under section 333B ; and in subsection (j)— by striking filed with the appeals division under section 333B and inserting to the National Appeals Division ; by striking appeals division shall and inserting Secretary shall ; and by striking county supervisor and inserting Secretary . Section 333D(a) of such Act ( 7 U.S.C. 1983d(a) ) is amended by striking that are consistent with subtitle A through this subtitle . The paragraph heading in section 8.8(a)(3) of the Farm Credit Act of 1971 ( 12 U.S.C. 2279aa–8(a)(3) ) is amended by striking and inserting Mortgage loans . Loan quality

Connectionstraces to 29

Traces to 29 documents

U.S. Code