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7 U.S.C. § 1994 — Transition to private commercial or other sources of credit

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1994 — Transition to private commercial or other sources of credit

**(a) In general** In making or insuring a farm loan under subchapter I or II, the Secretary shall establish a plan and promulgate regulations (including performance criteria) that promote the goal of transitioning borrowers to private commercial credit and other sources of credit in the shortest period of time practicable. **(b) Coordination** In carrying out this section, the Secretary shall integrate and coordinate the transition policy described in subsection (a) with— (1) the borrower training program established by [section 2006a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006a&num=0&edition=prelim); (2) the loan assessment process established by [section 2006b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006b&num=0&edition=prelim); (3) the supervised credit requirement established by [section 2006c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006c&num=0&edition=prelim); (4) the market placement program established by [section 2006d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006d&num=0&edition=prelim); and (5) other appropriate programs and authorities, as determined by the Secretary.

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1994

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Stable record: federal_law:legal_authorities:record_usc_dfad00449e6925ab9e6049d9
Source file: Laws/federal/codes/united-states-code/title-7/section-1994-transition-to-private-commercial-or-other-sources-of-credit--cd5bc5b663.md
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Passage SHA-256: 7b3c51e0b8485d0081285c5dd61872cfc39bd32e22db5d2c7a7bf184ec0c3845

Source location: Title 7, Chapter 50, § 1994; chapter-050-agricultural-credit.md

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**(a) In general** In making or insuring a farm loan under subchapter I or II, the Secretary shall establish a plan and promulgate regulations (including performance criteria) that promote the goal of transitioning borrowers to private commercial credit and other sources of credit in the shortest period of time practicable. **(b) Coordination** In carrying out this section, the Secretary shall integrate and coordinate the transition policy described in subsection (a) with— (1) the borrower training program established by [section 2006a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006a&num=0&edition=prelim); (2) the loan assessment process established by [section 2006b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006b&num=0&edition=prelim); (3) the supervised credit requirement established by [section 2006c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006c&num=0&edition=prelim); (4) the market placement program established by [section 2006d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006d&num=0&edition=prelim); and (5) other appropriate programs and authorities, as determined by the Secretary.

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 2006b — Borrower training

**(a) In general** The Secretary shall enter into contracts to provide educational training to all borrowers of farmer program direct loans made under this chapter in financial and farm management concepts associated with commercial farming. **(b) Contract** (1) **In general** — The Secretary may contract with State or private providers of farm management and credit counseling services (including a community college, the extension service of a State, a State department of agriculture, or a nonprofit organization) to carry out this section. (2) **Consultation** — The Secretary may consult with the chief executive officer of a State concerning the identity of the contracting organization and the process for contracting. **(c) Eligibility for loans** (1) **In general** — Subject to paragraph (2), to be eligible to obtain a direct loan under this chapter, a borrower must obtain management assistance under this section, appropriate to the management ability of the borrower (as determined by the appropriate county committee during the determination of eligibility for the loan). (2) **Loan conditions** — The need of a borrower who satisfies the criteria set out in section 1922(a)(1)(B) or 1941(a)(1)(B) of this title for management assistance under this section shall not be cause for denial of eligibility of the borrower for a direct loan under this chapter. **(d) Guidelines and curriculum** The Secretary shall issue regulations establishing guidelines and curriculum for the borrower training program established under this section. **(e) Payment** A borrower shall pay for training received under this section, and may use funds from operating loans made under subchapter II to pay for the training. **(f) Waivers** (1) **In general** — The Secretary may waive the require

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 2006b

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 2006a — Waiver of mediation rights by borrowers

The Secretary may not make, insure, or guarantee any farmer program loan to a farm borrower on the condition that the borrower waive any right under the mediation program of any State.

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 2006a

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 2006d — Supervised credit

The Secretary shall provide adequate training to employees of the Farmers Home Administration on credit analysis and financial and farm management to— (1) better acquaint the employees with what constitutes adequate financial data on which to base a direct or guaranteed loan approval decision; and (2) ensure proper supervision of farmer program loans.

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 2006d

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 8701 — Geographically disadvantaged farmers and ranchers

**(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

7 U.S.C. § 2006c — Loan assessments

**(a) In general** The Secretary shall evaluate, in accordance with regulations issued by the Secretary, the farming plan and financial situation of each qualified farmer or rancher applicant. **(b) Determinations** In evaluating the farming plan and financial situation of an applicant under this section, the Secretary shall determine— (1) the amount that the applicant will need to borrow to carry out the proposed farming plan; (2) the rate of interest that the applicant would need to be able to cover expenses and build an adequate equity base; (3) the goals of the proposed farming plan of the applicant; (4) the financial viability of the plan and any changes that are necessary to make the plan viable; and (5) whether assistance is necessary under this chapter and, if so, the amount of the assistance. **(c) Contract** The Secretary may contract with a third party (including those entities eligible to provide borrower training under [section 2006a(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006a/b&num=0&edition=prelim)) to conduct loan assessments under this section. **(d) Review of loans** (1) **In general** — Loan assessments conducted under this section shall include annual review of direct loans, and periodic review (as determined necessary by the Secretary) of guaranteed loans, made under this chapter to assess the progress of a borrower in meeting the goals for the farm or ranch operation. (2) **Contracts** — The Secretary may contract with an entity that is eligible to provide borrower training under [section 2006a(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006a/b&num=0&edition=prelim) to conduct loan reviews under paragraph (1). (3) **Problem assessment

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 2006c

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Federal law — U.S. Code and appendices · legal_authorities

21 U.S.C. § 136a — Collection of fees for inspection services

**(a) Quarantine and inspection fees** (1) **Fees authorized** — The Secretary of Agriculture may prescribe and collect fees sufficient— (A) to cover the cost of providing agricultural quarantine and inspection services in connection with the arrival at a port in the customs territory of the United States, or the preclearance or preinspection at a site outside the customs territory of the United States, of an international passenger, commercial vessel, commercial aircraft, commercial truck, or railroad car; (B) to cover the cost of administering this subsection; and (C) through fiscal year 2002, to maintain a reasonable balance in the Agricultural Quarantine Inspection User Fee Account established under paragraph (5). (2) **Limitation** — In setting the fees under paragraph (1), the Secretary shall ensure that the amount of the fees is commensurate with the costs of agricultural quarantine and inspection services with respect to the class of persons or entities paying the fees. The costs of the services with respect to passengers as a class includes the costs of related inspections of the aircraft or other vehicle. (3) **Status of fees** — Fees collected under this subsection by any person on behalf of the Secretary are held in trust for the United States and shall be remitted to the Secretary in such manner and at such times as the Secretary may prescribe. (4) **Late payment penalties** — If a person subject to a fee under this subsection fails to pay the fee when due, the Secretary shall assess a late payment penalty, and the overdue fees shall accrue interest, as required by [section 3717 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section3717&num=0&edition=prelim). (5) **Agricultural Quarantine Inspection User Fee

Source: Supplied U.S. Code snapshot — release unconfirmed · 21 U.S.C. § 136a

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1445j — Deficiency and land diversion payments

**(a) Deficiency payments** (1) **In general** — If the Secretary establishes an acreage limitation program for any of the 1991 through 1997 crops of wheat, feed grains, upland cotton, or rice under this Act and determines that deficiency payments will likely be made for the commodity for the crop, the Secretary shall make advance deficiency payments available to producers for each of the crops. (2) **Terms and conditions** — Advance deficiency payments under paragraph (1) shall be made to the producer under the following terms and conditions: (A) *Form* — Such payments may be made available in the form of— (i) cash; (ii) commodities owned by the Commodity Credit Corporation and certificates redeemable in a commodity owned by the Commodity Credit Corporation, except that not more than 50 percent of the payments may be made in commodities or the certificates in the case of any producer; or (iii) any combination of clauses (i) and (ii). (B) *Commodities and certificates* — If payments are made available to producers as provided for under subparagraph (A)(ii), such producers may elect to receive such payments either in the form of— (i) such commodities; or (ii) such certificates. (C) *Maturity* — Such a certificate shall be redeemable for a period not to exceed 3 years from the date the certificate is issued. (D) *Storage* — The Commodity Credit Corporation shall pay the cost of storing a commodity that may be received under such a certificate until such time as the certificate is redeemed. (E) *Timing* — The payments shall be made available as soon as practicable after the producer enters into a contract with the Secretary to participate in such program. (F) *Amounts* — The payments shall be made available in such amounts as th

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1445j

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1724 — Provision of agricultural commodities

**(a) Emergency assistance** Notwithstanding any other provision of law, the Administrator may provide agricultural commodities to meet emergency food needs under this subchapter through governments and public or private agencies, including intergovernmental organizations such as the World Food Program and other multilateral organizations, in such manner and on such terms and conditions as the Administrator determines appropriate to respond to the emergency. **(b) Nonemergency assistance** (1) **In general** — The Administrator may provide agricultural commodities for nonemergency assistance under this subchapter through eligible organizations (as described in subsection (d)) that have entered into an agreement with the Administrator to use the commodities in accordance with this subchapter. (2) **Limitation** — The Administrator may not use as a sole rationale for denying a request for funds submitted under this subsection because the program for which the funds are requested— (A) would be carried out by the eligible organization in a foreign country in which the Agency for International Development does not have a mission, office, or other presence; or (B) is not part of a development plan for the country prepared by the Agency. (3) **Program diversity** — The Administrator shall— (A) encourage eligible organizations to propose and implement program plans to address 1 or more aspects of the program under [section 1721 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1721&num=0&edition=prelim); and (B) consider proposals that incorporate a variety of program objectives and strategic plans based on the identification by eligible organizations of appropriate activities, consistent with [section 1721 of this title](

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1724

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1736a — Use of Commodity Credit Corporation

**(a) In general** The Commodity Credit Corporation may acquire and make available such agricultural commodities as necessary to carry out agreements under this chapter. **(b) Included expenses** With respect to commodities made available under subchapters III and III–A, the Commodity Credit Corporation may pay— (1) the cost of acquiring such commodities; (2) the costs associated with packaging, enrichment, preservation, and fortification of such commodities, including the costs of carrying out [section 1736g–2 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1736g-2&num=0&edition=prelim); (3) the processing, transportation, handling, and other incidental costs up to the time of the delivery of such commodities free on board vessels in United States ports; (4) the vessel freight charges from United States ports or designated Canadian transshipment ports, as determined by the Secretary, to designated ports of entry abroad; (5) the costs associated with transporting such commodities from United States ports to designated points of entry abroad in the case— (A) of landlocked countries; (B) of ports that cannot be used effectively because of natural or other disturbances; (C) of the unavailability of carriers to a specific country; or (D) of substantial savings in costs or time that may be effected by the utilization of points of entry other than ports; (6) in the case of commodities for urgent and extraordinary relief requirements (including pre-positioned commodities) the transportation costs incurred in moving the commodities from designated points of entry or ports of entry abroad to storage and distribution sites and associated storage, distribution, and program implementation costs to use the commodities; and

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1736a

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1736c, 1736d — Administrative provisions

**(a) Subchapter II programs** (1) **Acquisitions** — The importing country or private entity that enters into an agreement under subchapter II shall acquire the agricultural commodities to be financed under subchapter II. (2) **Invitation for bid** — No purchase of agricultural commodities from private stock or purchase of ocean transportation shall be financed under subchapter II unless such purchases are made on the basis of an invitation for bid that is publicly advertised in the United States, and on the basis of bid offerings that shall conform to such invitation and be received and publicly opened in the United States. All awards in the purchase of commodities or ocean transportation financed under subchapter II shall be consistent with open, competitive, and responsive bid procedures, as determined appropriate by the Secretary. Resulting contracts may contain such terms and conditions as the Secretary determines are necessary and appropriate. **(b) Agents** (1) **Authority of Secretary or Commodity Credit Corporation** (A) *General rule* — Except as provided in subparagraph (B), if it is determined appropriate, the Secretary or the Commodity Credit Corporation may serve as the purchasing or shipping agent, or both, for the importer or importing country in arranging the purchase or shipping of commodities financed under subchapter II. (B) *Exception* — Notwithstanding subparagraph (A), the Secretary or the Commodity Credit Corporation may award, under a competitive bidding process, contracts for establishing freight agents who shall act on behalf of the Secretary or the Corporation to handle the shipping of commodities financed under this chapter. (C) *Avoidance of conflict of interest of contractors* — Freight agents employed by the Secretary or the

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1736c, 1736d

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