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Federal law — U.S. Code and appendices · legal_authorities
There are authorized to be appropriated to carry out sections 5136 to 5143 of this title $8,000,000 for each of the fiscal years 1991 through 1995.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5143
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Source file: Laws/federal/codes/united-states-code/title-25/section-5143-authorization-of-appropriations--a92ea9f16d.md
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Source location: Title 25, Chapter 45, § 5143; chapter-045-protection-of-indians-and-conservation-of-resources.md
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary of Agriculture may, on the application of the borrower of a loan or loans made under sections 5136 to 5143 of this title, reduce the unpaid principal balance of such loan or loans to the current fair market value of the land purchased with the proceeds of the loan or loans if— (1) the fair market value of the land has declined by at least 25 percent since such land was purchased by the borrower; (2) the land has been held by the borrower for a period of at least 5 years; and (3) the Secretary of the Interior finds that the borrower has insufficient income to both repay the loan or loans and provide normal tribal governmental services. **(b) Fair market value** (1) **Appraisal** — Current fair market value under subsection (a) of this section shall be determined through an appraisal by an independent qualified fee appraiser, selected by mutual agreement between the borrower and the Secretary of Agriculture. (2) **Costs** — The cost of appraisals undertaken under paragraph (1) shall be paid by the borrower. **(c) Appeals** Decisions of the Secretary of Agriculture under this section shall be appealable in accordance with the provisions of section 333B 11 See References in Text note below. of the Consolidated Farm and Rural Development Act ([7 U.S.C. 1983b](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1983b&num=0&edition=prelim)). **(d) Future applications** A borrower that had a loan or loans reduced under this section shall not submit an application for another reduction on such loan or loans for a period of 5 years after the initial reduction.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5142
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes #### Codification Section 494 was editorially reclassified as [section 5143 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5143&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 494
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary shall modify delinquent farmer program loans made or insured under this chapter, or purchased from the lender or the Federal Deposit Insurance Corporation under [section 1929b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1929b&num=0&edition=prelim), to the maximum extent possible— (1) to avoid losses to the Secretary on such loans, with priority consideration being placed on writing-down the loan principal and interest (subject to subsections (d) and (e)), and debt set-aside (subject to subsection (e)), whenever these procedures would facilitate keeping the borrower on the farm or ranch, or otherwise through the use of primary loan service programs as provided in this section; and (2) to ensure that borrowers are able to continue farming or ranching operations. **(b) Eligibility** To be eligible to obtain assistance under subsection (a)— (1) the delinquency must be due to circumstances beyond the control of the borrower, as defined in regulations issued by the Secretary, except that the regulations shall require that, if the value of the assets calculated under subsection (c)(2)(A)(ii) that may be realized through liquidation or other methods would produce enough income to make the delinquent loan current, the borrower shall not be eligible for assistance under subsection (a); (2) the borrower must have acted in good faith with the Secretary in connection with the loan as defined in regulations issued by the Secretary; (3) the borrower must present a preliminary plan to the Secretary that contains reasonable assumptions that demonstrate that the borrower will be able to— (A) meet the necessary family living and farm operating expenses; and (B) service all debts, including those of
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 2001a
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Federal law — U.S. Code and appendices · legal_authorities
Page 706 TITLE 25—INDIANS § 5143 peal by Pub. L. 103–354, title II, § 281(c), Oct. 13, 1994, 108 Stat. 3233, and enactment of a new section 333B of Pub. L. 87–128 by Pub. L. 110–234, title V, § 5301, May 22, 2008, 122 Stat. 1147, and Pub. L. 110–246, title V, § 5301, June 18, 2008, 122 Stat. 1908, which established a beginning farmers’ pilot program. CODIFICATION Another section 6 of Pub. L. 91–229 was added by Pub. L. 101–624, title XVIII, § 1854(b), Nov. 28, 1990, 104 Stat. 3837, and is classified to section 5143 of this title. Section was formerly classified to section 493 of this title prior to editorial reclassification and renumbering as this section. § 5143. Authorization of appropriations There are authorized to be appropriated to carry out sections 5136 to 5143 of this title $8,000,000 for each of the fiscal years 1991 through 1995. (Pub. L. 91–229, § 6, as added Pub. L. 101–624, title XVIII, § 1854(b), Nov. 28, 1990, 104 Stat. 3837.) Editorial Notes CODIFICATION Another section 6 of Pub. L. 91–229 was added by Pub. L. 101–82, title III, § 303, Aug. 14, 1989, 103 Stat. 583, and is classified to section 5142 of this title. Section was formerly classified to section 494 of this title prior to editorial reclassification and renumbering as this section. § 5144. Certification of rental proceeds Notwithstanding any other provision of law, any actual rental proceeds from the lease of land acquired under section 5136 of this title cer- tified by the Secretary of the Interior shall be deemed— (1) to constitute the rental value of that land; and (2) to satisfy the requirement for appraisal of that land. (Pub. L. 109–221, title II, § 203, May 12, 2006, 120 Stat. 341.) Editorial Notes CODIFICATION Section was formerly classified to sec
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 5143
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