Home > 106th Congressional Bills > H.R. 882 (ih) To nullify any reservation of funds during fiscal year 1999 for guaranteed loans under the Consolidated Farm and Rural Development Act for qualified beginning farmers or ranchers, and for other purposes. [Introduced in House] ...

H.R. 882 (ih) To nullify any reservation of funds during fiscal year 1999 for guaranteed loans under the Consolidated Farm and Rural Development Act for qualified beginning farmers or ranchers, and for other purposes. [Introduced in House] ...


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        H.R.882

                       One Hundred Sixth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

         Begun and held at the City of Washington on Wednesday,
   the sixth day of January, one thousand nine hundred and ninety-nine


                                 An Act


 
    To nullify any reservation of funds during fiscal year 1999 for 
 guaranteed loans under the Consolidated Farm and Rural Development Act 
  for qualified beginning farmers or ranchers, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. NULLIFICATION OF RESERVATION OF FUNDS DURING FISCAL YEAR 
              1999 FOR GUARANTEED LOANS UNDER THE CONSOLIDATED FARM AND 
              RURAL DEVELOPMENT ACT FOR QUALIFIED BEGINNING FARMERS OR 
              RANCHERS.

    Amounts shall be made available pursuant to section 346(b)(1)(D) of 
the Consolidated Farm and Rural Development Act for guaranteed loans, 
without regard to any reservation under section 346(b)(2)(B) of such 
Act.

SEC. 2. QUALIFIED BEGINNING FARMERS AND RANCHERS TO BE GIVEN PRIORITY 
              IN MAKING GUARANTEED LOANS UNDER THE CONSOLIDATED FARM 
              AND RURAL DEVELOPMENT ACT FROM SUPPLEMENTAL 
              APPROPRIATIONS FOR FISCAL YEAR 1999.

    In making guaranteed loans under the Consolidated Farm and Rural 
Development Act from funds made available pursuant to any Act making 
supplemental appropriations for fiscal year 1999, the Secretary of 
Agriculture shall, to the extent practicable, give priority to making 
such loans to qualified beginning farmers and ranchers (as defined in 
section 343(a)(11) of such Act).

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.

Pages: 1

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