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7 U.S.C. § 1984 — Farmer loan pilot projects
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary may conduct pilot projects of limited scope and duration that are consistent with subchapter I through this subchapter to evaluate processes and techniques that may improve the efficiency and effectiveness of the programs carried out under subchapter I through this subchapter.
**(b) Notification** The Secretary shall—
(1) not less than 60 days before the date on which the Secretary initiates a pilot project under subsection (a), submit notice of the proposed pilot project to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate; and
(2) consider any recommendations or feedback provided to the Secretary in response to the notice provided under paragraph (1).
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Source file: Laws/federal/codes/united-states-code/title-7/section-1984-farmer-loan-pilot-projects--ef056a1c17.md
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Source location: Title 7, Chapter 50, § 1984; chapter-050-agricultural-credit.md
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**(a) In general** The Secretary may conduct pilot projects of limited scope and duration that are consistent with subchapter I through this subchapter to evaluate processes and techniques that may improve the efficiency and effectiveness of the programs carried out under subchapter I through this subchapter.
**(b) Notification** The Secretary shall—
(1) not less than 60 days before the date on which the Secretary initiates a pilot project under subsection (a), submit notice of the proposed pilot project to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate; and
(2) consider any recommendations or feedback provided to the Secretary in response to the notice provided under paragraph (1).
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Federal law — U.S. Code and appendices · legal_authorities
Loans made or insured pursuant to sections 5136 to 5143 of this title will be subject to the interest rate provisions of section 307(a)(3)(B) of the Consolidated Farmers Home Administration Act of 1961, as amended [[7 U.S.C. 1927(a)(3)(B)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1927/a/3/B&num=0&edition=prelim)], and to the provisions of subtitle D of that Act [[7 U.S.C. 1981](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1981&num=0&edition=prelim) et seq.] except sections 340 [[7 U.S.C. 1990](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1990&num=0&edition=prelim)], 341, 342 [[7 U.S.C. 1013a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1013a&num=0&edition=prelim)], and 343 [[7 U.S.C. 1991](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1991&num=0&edition=prelim)] thereof: Provided, That section 334 [[7 U.S.C. 1984](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1984&num=0&edition=prelim)] thereof shall not be construed to subject to taxation any lands or interests therein while they are held by an Indian tribe or tribal corporation or by the United States in trust for such tribe or tribal corporation pursuant to sections 5136 to 5143 of this title.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5141
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Federal law — U.S. Code and appendices · legal_authorities
Page 1137
TITLE 7—AGRICULTURE
§ 1984
(ii) information about the demonstration
program, including the eligible partici-
pants and the individual development ac-
counts that have been established; and
(iii) such other information as the Sec-
retary may require.
(B) Submission of reports
A qualified entity shall submit each report
required under subparagraph (A) to the Sec-
retary.
(2) Reports by the Secretary
Not later than 1 year after the date on which
all demonstration programs under this section
are concluded, the Secretary shall submit to
Congress a final report that describes the re-
sults and findings of all reports and evalua-
tions carried out under this section.
(f) Annual review
The Secretary may conduct an annual review
of the financial records of a qualified entity—
(1) to assess the financial soundness of the
qualified entity; and
(2) to determine the use of grant funds made
available to the qualified entity under this
section.
(g) Regulations
In carrying out this section, the Secretary
may promulgate regulations to ensure that the
program includes provisions for—
(1) the termination of demonstration pro-
grams;
(2) control of the reserve funds in the case of
such a termination;
(3) transfer of demonstration programs to
other qualified entities; and
(4) remissions from a reserve fund to the
Secretary in a case in which a demonstration
program is terminated without transfer to a
new qualified entity.
(h) Authorization of appropriations
There is authorized to be appropriated to
carry out this section $5,000,000 for each of fiscal
years 2008 through 2023.
(Pub. L. 87–128, title III, § 333B, as added Pub. L.
110–234, title V, § 5301, May 22, 2008, 122 Stat. 1147,
and Pub. L. 110–246, § 4(a), title V, § 5301, June 18,
2008, 12
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1984
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