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7 U.S.C. § 1925 — Conservation loan and loan guarantee program
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary may make or guarantee qualified conservation loans to eligible borrowers under this section.
**(b) Definitions** In this section:
(1) **Qualified conservation loan** — The term “qualified conservation loan” means a loan, the proceeds of which are used to cover the costs to the borrower of carrying out a qualified conservation project.
(2) **Qualified conservation project** — The term “qualified conservation project” means conservation measures that address provisions of a conservation plan of the eligible borrower.
(3) **Conservation plan** — The term “conservation plan” means a plan, approved by the Secretary, that, for a farming or ranching operation, identifies the conservation activities that will be addressed with loan funds provided under this section, including—
(A) the installation of conservation structures to address soil, water, and related resources;
(B) the establishment of forest cover for sustained yield timber management, erosion control, or shelter belt purposes;
(C) the installation of water conservation measures;
(D) the installation of waste management systems;
(E) the establishment or improvement of permanent pasture;
(F) compliance with [section 3812 of title 16](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3812&num=0&edition=prelim); and
(G) other purposes consistent with the plan, including the adoption of any other emerging or existing conservation practices, techniques, or technologies approved by the Secretary.
**(c) Eligibility**
(1) **In general** — The Secretary may make or guarantee loans to farmers or ranchers in the United States, farm cooperatives, private domestic corporations, partnerships, joint operations, trusts, limited liability companies,
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Source file: Laws/federal/codes/united-states-code/title-7/section-1925-conservation-loan-and-loan-guarantee-program--1ea3ff5a92.md
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Source location: Title 7, Chapter 50, § 1925; chapter-050-agricultural-credit.md
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**(a) In general** The Secretary may make or guarantee qualified conservation loans to eligible borrowers under this section.
**(b) Definitions** In this section:
(1) **Qualified conservation loan** — The term “qualified conservation loan” means a loan, the proceeds of which are used to cover the costs to the borrower of carrying out a qualified conservation project.
(2) **Qualified conservation project** — The term “qualified conservation project” means conservation measures that address provisions of a conservation plan of the eligible borrower.
(3) **Conservation plan** — The term “conservation plan” means a plan, approved by the Secretary, that, for a farming or ranching operation, identifies the conservation activities that will be addressed with loan funds provided under this section, including—
(A) the installation of conservation structures to address soil, water, and related resources;
(B) the establishment of forest cover for sustained yield timber management, erosion control, or shelter belt purposes;
(C) the installation of water conservation measures;
(D) the installation of waste management systems;
(E) the establishment or improvement of permanent pasture;
(F) compliance with [section 3812 of title 16](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3812&num=0&edition=prelim); and
(G) other purposes consistent with the plan, including the adoption of any other emerging or existing conservation practices, techniques, or technologies approved by the Secretary.
**(c) Eligibility**
(1) **In general** — The Secretary may make or guarantee loans to farmers or ranchers in the United States, farm cooperatives, private domestic corporations, partnerships, joint operations, trusts, limited liability companies, or such other legal entities as the Secretary considers appropriate that are controlled by farmers or ranchers and engaged primarily and directly in agricultural production in the United States.
(2) **Requirements** — To be eligible for a loan under this section, applicants shall meet the requirements in subparagraphs (A) and (B) of [section 1922(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1922/a/1&num=0&edition=prelim).
**(d) Priority** In making or guaranteeing loans under this section, the Secretary shall give priority to—
(1) qualified beginning farmers or ranchers and socially disadvantaged farmers or ranchers;
(2) owners or tenants who use the loans to convert to sustainable or organic agricultural production systems; and
(3) producers who use the loans to build conservation structures or establish conservation practices to comply with [section 3812 of title 16](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3812&num=0&edition=prelim).
**(e) Limitations applicable to loan guarantees** The portion of a loan that the Secretary may guarantee under this section shall be—
(1) 80 percent of the principal amount of the loan; or
(2) in the case of a producer that is a qualified socially disadvantaged farmer or rancher or a beginning farmer or rancher, 90 percent of the principal amount of the loan.
**(f) Administrative provisions** The Secretary shall ensure, to the maximum extent practicable, that loans made or guaranteed under this section are distributed across diverse geographic regions.
**(g) Credit eligibility** The provisions of paragraphs (1) and (3) of [section 1983 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1983&num=0&edition=prelim) shall not apply to loans made or guaranteed under this section.
**(h) Authorization of appropriations** There is authorized to be appropriated to the Secretary to carry out this section $150,000,000 for each of fiscal years 2014 through 2023.
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Federal law — U.S. Code and appendices · legal_authorities
The Congress finds that the statutory authority of the Secretary of Agriculture, hereinafter referred to in this chapter as the “Secretary,” for making and insuring loans to farmers and ranchers should be revised and consolidated to provide for more effective credit services to farmers.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1922
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Persons eligible for program benefits in connection with production or reduced production of crops on certain lands; eligibility based upon compliance with conservation plan by January 1, 1995; minimization of documentation**
(1) During the period beginning on December 23, 1985, and ending on the later of January 1, 1990, or the date that is 2 years after the date land on which a crop of an agricultural commodity is produced was mapped by the Soil Conservation Service for purposes of classifying such land under the land capability classification system in effect on December 23, 1985, except as provided in paragraph (2), no person shall become ineligible under [section 3811 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3811&num=0&edition=prelim) for program loans, payments, and benefits as the result of the production of a crop of an agricultural commodity on any land that was—
(A) cultivated to produce any of the 1981 through 1985 crops of an agricultural commodity; or
(B) set aside, diverted or otherwise not cultivated under a program administered by the Secretary for any such crops to reduce production of an agricultural commodity.
(2) **Eligibility based on compliance with conservation plan.—**
(A) *In general.—* — If, as of January 1, 1990, or 2 years after the Soil Conservation Service has completed a soil survey for the farm, whichever is later, a person is actively applying a conservation plan, such person shall have until January 1, 1995, to comply with the plan without being subject to program ineligibility.
(B) *Minimization of documentation.—* — In carrying out this subsection, the Secretary, Soil Conservation Service, and local soil conservation districts shall minimize the quantity of document
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 3812
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definition of mobilized military reservist** In this section, the term “mobilized military reservist” means an individual who—
(1) is on active duty under section 688, 12301(a), 12301(g), 12302, 12304, 12306, or 12406, or chapter 13 of title 10, or any other provision of law during a war or during a national emergency declared by the President or Congress, regardless of the location at which the active duty service is performed; or
(2) in the case of a member of the National Guard, is on full-time National Guard duty (as defined in [section 101(d)(5) of title 10](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section101/d/5&num=0&edition=prelim)) under a call to active service authorized by the President or the Secretary of Defense for a period of more than 30 consecutive days under [section 502(f) of title 32](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title32-section502/f&num=0&edition=prelim) for purposes of responding to a national emergency declared by the President and supported by Federal funds.
**(b) Forgiveness of interest payments due while borrower is a mobilized military reservist** Any requirement that a borrower of a direct loan made under this chapter make any interest payment on the loan that would otherwise be required to be made while the borrower is a mobilized military reservist is rescinded.
**(c) Deferral of principal payments due while or after borrower is a mobilized military reservist** The due date of any payment of principal on a direct loan made to a borrower under this chapter that would otherwise be required to be made while or after the borrower is a mobilized military reservist is deferred for a period equal in length to the period for which the borrower is a mobilized military reservist.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1983
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Source** The Secretary shall provide the price support authorized or required herein through the Commodity Credit Corporation and other means available to him.
**(b) Authority of Secretary; factors considered** Except as otherwise provided in this Act, the amounts, terms, and conditions of price support operations and the extent to which such operations are carried out, shall be determined or approved by the Secretary. The following factors shall be taken into consideration in determining, in the case of any commodity for which price support is discretionary, whether a price-support operation shall be undertaken and the level of such support and, in the case of any commodity for which price support is mandatory, the level of support in excess of the minimum level prescribed for such commodity: (1) the supply of the commodity in relation to the demand therefor, (2) the price levels at which other commodities are being supported and, in the case of feed grains, the feed values of such grains in relation to corn, (3) the availability of funds, (4) the perishability of the commodity, (5) the importance of the commodity to agriculture and the national economy, (6) the ability to dispose of stocks acquired through a price-support operation, (7) the need for offsetting temporary losses of export markets, (8) the ability and willingness of producers to keep supplies in line with demand and (9), in the case of upland cotton, changes in the cost of producing such cotton.
**(c) Compliance by producer; program for diverted acres** Compliance by the producer with acreage allotments, production goals and marketing practices (including marketing quotas when authorized by law), prescribed by the Secretary, may be required as a condition of eligibility for price support. In admi
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1421
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** In this section:
(1) **Agricultural commodity** — The term “agricultural commodity” has the meaning given the term in [section 5602 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section5602&num=0&edition=prelim).
(2) **Geographically disadvantaged farmer or rancher** — The term “geographically disadvantaged farmer or rancher” has the meaning given the term in section 10906(a) of the Farm Security and Rural Investment Act of 2002 ([7 U.S.C. 2204](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2204&num=0&edition=prelim) note; Public Law 107–171).
**(b) Authorization** Subject to the availability of funds under subsection (d), the Secretary may provide geographically disadvantaged farmers or ranchers direct reimbursement payments for activities described in subsection (c).
**(c) Transportation**
(1) **In general** — Subject to paragraphs (2) and (3), the Secretary may provide direct reimbursement payments to a geographically disadvantaged farmer or rancher to transport an agricultural commodity, or inputs used to produce an agricultural commodity, during a fiscal year.
(2) **Proof of eligibility** — To be eligible to receive assistance under paragraph (1), a geographically disadvantaged farmer or rancher shall demonstrate to the Secretary that transportation of the agricultural commodity or inputs occurred over a distance of more than 30 miles, as determined by the Secretary.
(3) **Amount**
(A) *In general* — Subject to paragraph (2), the amount of direct reimbursement payments made to a geographically disadvantaged farmer or rancher under this section for a fiscal year shall equal the product obtained by multiplying—
(i) the amount of costs incurred by the geographically di
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 8701
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary shall make or insure no loan under this subchapter—
(1) that would cause the total principal indebtedness outstanding at any one time for loans made under this subchapter to any one borrower to exceed, in the case of a loan other than a loan guaranteed by the Secretary, $400,000, or, in the case of a loan guaranteed by the Secretary, $1,750,000 (increased, beginning with fiscal year 2019, by the inflation percentage applicable to the fiscal year in which the loan is guaranteed and reduced by the unpaid indebtedness of the borrower on loans under the sections specified in [section 1925 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1925&num=0&edition=prelim) that are guaranteed by the Secretary); or
(2) for the purchasing or leasing of land other than for cash rent, or for carrying on any land leasing or land purchasing program.
**(b) Inflation percentage** For purposes of this section, the inflation percentage applicable to a fiscal year is the percentage (if any) by which—
(1) the average of the Prices Paid By Farmers Index (as compiled by the National Agricultural Statistics Service of the Department of Agriculture) for the 12-month period ending on July 31 of the immediately preceding fiscal year; exceeds
(2) the average of such index (as so defined) for the 12-month period that immediately precedes the 12-month period described in paragraph (1).
**(c) Microloans**
(1) **In general** — Subject to paragraph (2), the Secretary may establish a program to make or guarantee microloans.
(2) **Limitations** — The Secretary shall not make or guarantee a microloan under this subsection that would cause the total principal indebtedness outstanding at any 1 time for microloans made under this su
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1944
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Preservation and protection of security, lien, or priority of lien securing loan** The Secretary is authorized and empowered to make advances, without regard to any loan or total indebtedness limitation, to preserve and protect the security for or the lien or priority of the lien securing any loan or other indebtedness owing to, insured by, or acquired by the Secretary under this chapter or under any other programs administered by the Farmers Home Administration or the Rural Development Administration; to bid for and purchase at any execution, foreclosure, or other sale or otherwise to acquire property upon which the United States has a lien by reason of a judgment or execution arising from, or which is pledged, mortgaged, conveyed, attached, or levied upon to secure the payment of, any such indebtedness whether or not such property is subject to other liens, to accept title to any property so purchased or acquired; and to sell, manage, or otherwise dispose of such property as hereinafter provided.
**(b) Operation or lease of realty** Except as provided in subsections (c) and (e), real property administered under the provisions of this chapter may be operated or leased by the Secretary for such period or periods as the Secretary may deem necessary to protect the Government’s investment therein.
**(c) Sale of property**
(1) **In general** — Subject to this subsection and subsection (e)(1)(A), the Secretary shall offer to sell real property that is acquired by the Secretary under this chapter using the following order and method of sale:
(A) *Advertisement* — Not later than 15 days after acquiring real property, the Secretary shall publicly advertise the property for sale.
(B) *Beginning farmer or rancher; socially disadvantaged farmer or rancher*
(i)
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1986
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Federal law — U.S. Code and appendices · legal_authorities
Page 1063
TITLE 7—AGRICULTURE
§ 1926
amendment relates, see section 1101(b)(3) of Pub. L.
102–237, set out as a note under section 1421 of this title.
§ 1925. Limitations on amount of farm ownership
loans
(a) In general
The Secretary shall make or insure no loan
under sections 1922, 1923, 1924, 1934, and 1935 of
this title that would cause the unpaid indebted-
ness under such sections of any one borrower to
exceed the smaller of (1) the value of the farm or
other security, or (2) in the case of a loan other
than a loan guaranteed by the Secretary,
$600,000, or, in the case of a loan guaranteed by
the Secretary, $1,750,000 (increased, beginning
with fiscal year 2019, by the inflation percentage
applicable to the fiscal year in which the loan is
guaranteed and reduced by the amount of any
unpaid indebtedness of the borrower on loans
under subchapter II that are guaranteed by the
Secretary).
(b) Determination of value
In determining the value of the farm, the Sec-
retary shall consider appraisals made by com-
petent appraisers under rules established by the
Secretary.
(c) Inflation percentage
For purposes of this section, the inflation per-
centage applicable to a fiscal year is the per-
centage (if any) by which—
(1) the average of the Prices Paid By Farm-
ers Index (as compiled by the National Agri-
cultural Statistics Service of the Department
of Agriculture) for the 12-month period ending
on July 31 of the immediately preceding fiscal
year; exceeds
(2) the average of such index (as so defined)
for the 12-month period that immediately pre-
cedes the 12-month period described in para-
graph (1).
(Pub. L. 87–128, title III, § 305, Aug. 8, 1961, 75
Stat. 308; Pub. L. 91–620, § 1, Dec. 31, 1970, 84 Stat.
1862; Pub. L. 92–419, title I, § 103, A
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1925
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