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Farm Credit Act of 1971

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276:, a major piece of legislation modifying the 1971 Act, authorized up to $ 4 billion in federal financial assistance to FCS institutions to assist in their recovery from the agricultural credit crisis of the 1980s. The Act created a System entity to issue up to $ 4 billion in federally guaranteed bonds, required the U.S. Treasury to pay a portion of the interest on these bonds, and also required the FCS to ultimately repay the Treasury for this assistance. The Act also mandated the merger of certain System banks within each farm credit district and expanded other merger authorities, and gave delinquent FCS borrowers certain rights. 35: 240:"further provide for the farmer-owned cooperative system of making credit available to farmers and ranchers and their cooperatives, for rural residences, and to associations and other entities upon which farming operations are dependent, to provide for an adequate and flexible flow of money into rural areas, and to modernize and consolidate existing farm credit law to meet current and future rural credit needs, and for other purposes." 474: 45:
An Act to further provide for the farmer-owned cooperative system of making credit available to farmers and ranchers and their cooperatives, for rural residences, and to associations and other entities upon which farming operations are dependent, to provide for an adequate and flexible flow of money
305:) was designed to enhance the financial safety and soundness of FCS banks and associations by establishing new mechanisms to ensure repayment of Farm Credit System debt resulting from federal financial assistance provided to the System under the 1987 Act. The Farm Credit System Reform Act of 1996 ( 1995: 478: 279:
A separate System institution was established by the Act to insure the timely repayment of principal and interest on consolidated Systemwide debt issues. Farm Credit Banks and Associations Safety and Soundness Act of 1992
2000: 994: 906: 1915: 1388: 1455: 1252: 2026: 1780: 1775: 1301: 1153: 538: 511: 1985: 1710: 690: 1940: 1740: 1374: 1273: 1022: 2031: 1146: 929: 701: 660: 646: 1945: 674: 604: 1755: 1418: 1280: 1785: 1533: 1102: 1965: 1705: 1353: 1160: 1561: 264:. The Act eliminated earlier provisions relating to government capitalization of the System, and expanded the lending authorities of many System institutions. 1905: 1825: 683: 1045: 987: 952: 1900: 368: 1790: 1220: 844: 463: 1594: 1319: 531: 1679: 1587: 959: 565: 556: 2005: 1930: 1835: 1483: 1308: 1197: 1176: 235: 46:
into rural areas, and to modernize and consolidate existing farm credit law to meet current and future rural credit needs, and for other purposes.
1670: 1381: 1059: 667: 1885: 1830: 1603: 1337: 1109: 2046: 1970: 899: 786: 590: 524: 506: 1990: 1955: 1800: 1715: 1206: 1190: 913: 572: 1875: 1294: 1213: 1130: 1052: 125: 112: 1503: 1409: 1344: 867: 484: 1960: 1765: 1760: 1745: 1395: 1330: 153: 1975: 1626: 1432: 1116: 1031: 1015: 973: 830: 639: 632: 625: 618: 611: 322: 294: 273: 249: 223: 207: 93: 85: 1890: 1950: 1925: 1469: 1462: 1066: 493: 802: 2041: 1980: 1360: 1287: 1038: 823: 1448: 1441: 980: 922: 2036: 1850: 1700: 1425: 1183: 710: 547: 55: 1845: 1663: 1167: 945: 342: 306: 281: 194: 1920: 1855: 1770: 1635: 1476: 1095: 892: 851: 433:"Message to the Congress Transmitting First Annual Report on Financial Assistance to Rural Areas - July 23, 1971" 763: 34: 1795: 1750: 1735: 1730: 1725: 1720: 1259: 837: 375: 1870: 1880: 1687: 1610: 1570: 1554: 1524: 1236: 260:'s "Hundred Days" initiative, an effort by his administration to quickly put in place measures to fight the 245: 1895: 1578: 1229: 885: 793: 420:"Statement About Federal Assistance for Farmers in Drought-Stricken Areas of the Southwest - May 19, 1971" 318: 1695: 1656: 1137: 257: 451: 455: 1540: 816: 157: 78: 1510: 1245: 738: 432: 419: 406: 315: 129: 1860: 1840: 1517: 347: 219: 119: 1648: 1865: 1820: 1494: 1402: 1001: 580: 1910: 1088: 770: 746: 261: 177: 1547: 1367: 860: 779: 597: 516: 149: 754: 731: 717: 486:
Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition
1996:
Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994
167: 2020: 966: 501: 290: 1008: 459: 203: 1123: 724: 653: 17: 1079: 809: 439:. Washington, D.C.: National Archives and Records Service. pp. 823–825. 426:. Washington, D.C.: National Archives and Records Service. pp. 647–648. 413:. Washington, D.C.: National Archives and Records Service. pp. 614–617. 936: 333:) included numerous provisions to provide regulatory relief for the FCS. 298: 326: 253: 211: 97: 466: 2001:
Agricultural Research, Extension, and Education Reform Act of 1998
1652: 520: 256:) was first passed on June 16, 1933, the last day of President 226:(GSE) that provides credit primarily to farmers and ranchers. 1916:
Agricultural Trade Development and Assistance Act of 1954
1389:
National Emissions Standards for Hazardous Air Pollutants
407:"Radio Address: "A Salute to Agriculture." - May 2, 1971" 1456:
Marine Protection, Research, and Sanctuaries Act of 1972
1253:
Congressional Budget and Impoundment Control Act of 1974
1781:
Federal Agriculture Improvement and Reform Act of 1996
1776:
Food, Agriculture, Conservation, and Trade Act of 1990
1302:
Emergency Daylight Saving Time Energy Conservation Act
1154:
National Institute for Occupational Safety and Health
1986:
Alien Species Prevention and Enforcement Act of 1992
1711:
Soil Conservation and Domestic Allotment Act of 1936
1941:
Consolidated Farm and Rural Development Act of 1972
1809: 1686: 1493: 1318: 1274:
Consolidated Farm and Rural Development Act of 1972
1078: 930:
Federal Supplemental Educational Opportunity Grants
877: 700: 555: 136: 118: 108: 103: 84: 74: 69: 61: 50: 41: 307: 282: 195: 1946:Commodity Futures Trading Commission Act of 1974 1756:Agriculture and Consumer Protection Act of 1973 1419:National Oceanic and Atmospheric Administration 1281:Agriculture and Consumer Protection Act of 1973 1786:Farm Security and Rural Investment Act of 2002 1103:National Highway Traffic Safety Administration 2027:United States federal agriculture legislation 1966:Caribbean Basin Economic Recovery Act of 1983 1706:Agricultural Adjustment Act Amendment of 1935 1680:United States federal agriculture legislation 1664: 1161:Occupational Safety and Health Administration 532: 218:) recodified all previous acts governing the 8: 1906:Agricultural Marketing Agreement Act of 1937 1826:Agricultural Experiment Stations Act of 1887 27: 1375:Federal Environmental Pesticide Control Act 988:Health Maintenance Organization Act of 1973 953:Equal Educational Opportunities Act of 1974 1791:Food, Conservation, and Energy Act of 2008 1671: 1657: 1649: 1221:Securities Investor Protection Corporation 539: 525: 517: 2032:United States federal banking legislation 1191:Lead-Based Paint Poisoning Prevention Act 1886:Frazier–Lemke Farm Bankruptcy Act (1934) 960:Equal Employment Opportunity Act of 1972 510:) is being considered for deletion. See 2006:Agriculture Risk Protection Act of 2000 1931:Agricultural Fair Practices Act of 1967 1836:Agricultural Appropriations Act of 1922 1484:Water Resources Development Act of 1974 1309:Trans-Alaska Pipeline Authorization Act 1198:Poison Prevention Packaging Act of 1970 1177:U.S. Consumer Product Safety Commission 359: 1382:National Ambient Air Quality Standards 1060:Legislative Reorganization Act of 1970 26: 1971:Extra-Long Staple Cotton Act of 1983 1901:Bankhead-Jones Farm Tenant Act (1937) 1831:Agriculture Appropriation Act of 1905 1338:Environmental Quality Improvement Act 1110:Urban Mass Transportation Act of 1970 995:Drug Abuse Prevention and Control Act 7: 1991:National Wool Act Amendments of 1993 900:Minority Business Development Agency 1956:Agricultural Adjustment Act of 1980 1801:Agriculture Improvement Act of 2018 1716:Agricultural Adjustment Act of 1938 1442:Great Lakes Water Quality Agreement 1207:Public Health Cigarette Smoking Act 914:Alaska Native Claims Settlement Act 845:Prevention of Nuclear War Agreement 431:Nixon, Richard M. (July 23, 1971). 234:The legislation was enacted by the 1701:Agricultural Adjustment Act (1933) 1295:Emergency Petroleum Allocation Act 1214:Securities Investor Protection Act 1147:Occupational Safety and Health Act 1131:Economic Stabilization Act of 1970 1053:District of Columbia Home Rule Act 418:Nixon, Richard M. (May 19, 1971). 312:Tooltip Public Law (United States) 287:Tooltip Public Law (United States) 200:Tooltip Public Law (United States) 25: 1876:Agricultural Marketing Act (1929) 1410:Reorganization Plan No. 3 of 1970 1345:National Environmental Policy Act 514:to help reach a consensus. â€ș 405:Nixon, Richard M. (May 2, 1971). 148:in the Senate as S. 1483 by 1961:National Aquaculture Act of 1980 1856:Wheat Price Guarantee Act (1919) 1766:Agriculture and Food Act of 1981 1761:Food and Agriculture Act of 1977 1746:Food and Agriculture Act of 1965 1396:New Source Performance Standards 1331:Council on Environmental Quality 477: This article incorporates 472: 33: 1976:Agricultural Credit Act of 1987 1433:Coastal Zone Management Program 1354:Environmental Protection Agency 1117:Federal-Aid Highway Act of 1973 1032:Federal Contested Elections Act 1016:Drug Enforcement Administration 974:End Stage Renal Disease Program 467:Statute Compilations collection 274:Agricultural Credit Act of 1987 224:government-sponsored enterprise 1951:Agricultural Trade Act of 1978 1926:Federal Plant Pest Act of 1957 1470:Endangered Species Act of 1973 1463:Endangered Species Act of 1969 1067:Congressional Research Service 647:VP confirmation of Gerald Ford 494:Congressional Research Service 1: 1981:Hunger Prevention Act of 1988 1896:Commodity Exchange Act (1936) 1288:Federal Energy Administration 1039:Federal Election Campaign Act 824:Anti-Ballistic Missile Treaty 222:(FCS), a cooperatively owned 170:, in lieu of H.R. 11232) 1696:Federal Farm Loan Act (1916) 1449:Marine Mammal Protection Act 1361:Clean Air Amendments of 1970 981:Supplemental Security Income 923:Education Amendments of 1972 113:31 U.S.C.: Money and Finance 2047:92nd United States Congress 1426:Coastal Zone Management Act 1184:Consumer Product Safety Act 967:National Cancer Act of 1971 605:1970 Lincoln Memorial visit 548:Presidency of Richard Nixon 507:Presidency of Richard Nixon 367:Department of Agriculture. 56:92nd United States Congress 2063: 1891:Bankhead–Jones Act of 1935 1871:Capper–Volstead Act (1922) 1851:Grain Standards Act (1916) 1588:Senate Watergate Committee 1168:Permissible exposure limit 946:Rehabilitation Act of 1973 691:Presidential Proclamations 343:Farm Credit Administration 166:on November 1, 1971 ( 1921:National Wool Act of 1954 1861:Future Trading Act (1921) 1846:Cotton Futures Act (1916) 1841:Cotton Futures Act (1914) 1771:Food Security Act of 1985 1620: 1477:Oil Pollution Act of 1973 1096:Fair Credit Reporting Act 893:Revised Philadelphia Plan 852:Threshold Test Ban Treaty 369:"Farm Credit Act of 1971" 141: 32: 1911:Federal Seed Act of 1939 1866:Grain Futures Act (1922) 1796:Agricultural Act of 2014 1751:Agricultural Act of 1970 1741:Agricultural Act of 1961 1736:Agricultural Act of 1956 1731:Agricultural Act of 1954 1726:Agricultural Act of 1949 1721:Agricultural Act of 1948 1627:← Johnson administration 1260:Agricultural Act of 1970 803:1973 Chilean coup d'Ă©tat 512:templates for discussion 236:United States government 1936:Farm Credit Act of 1971 1881:Farm Credit Act of 1933 1525:Saturday Night Massacre 1267:Farm Credit Act of 1971 1237:Alternative minimum tax 452:Farm Credit Act of 1971 246:Farm Credit Act of 1933 191:Farm Credit Act of 1971 28:Farm Credit Act of 1971 1579:United States v. Nixon 1230:Tax Reform Act of 1969 907:Native American policy 886:Family Assistance Plan 479:public domain material 1636:Ford administration → 1138:Smithsonian Agreement 661:Judicial appointments 258:Franklin D. Roosevelt 2042:1971 in American law 1541:White House Plumbers 462:) as amended in the 180:on December 10, 1971 1595:impeachment process 1511:Operation Sandwedge 1246:Revenue Act of 1971 1046:1970 VRA Amendments 794:Shanghai CommuniquĂ© 787:1972 visit to China 739:Paris Peace Accords 711:International trips 591:Second inauguration 160:) on April 22, 1971 137:Legislative history 29: 2037:Farm Credit System 1518:Operation Gemstone 817:1972 Moscow Summit 573:First inauguration 381:on 3 February 2011 348:Farm Credit System 220:Farm Credit System 2014: 2013: 1821:Hatch Act of 1887 1646: 1645: 1571:White House tapes 1562:list of opponents 1403:Noise Control Act 1002:Shafer Commission 868:Space exploration 838:Washington Summit 732:Cambodian bombing 640:1974 SOTU Address 633:1973 SOTU Address 626:1972 SOTU Address 619:1971 SOTU Address 612:1970 SOTU Address 581:Bring Us Together 331:February 10, 1996 216:December 10, 1971 187: 186: 87:Statutes at Large 65:December 10, 1971 16:(Redirected from 2054: 1673: 1666: 1659: 1650: 1639: 1630: 1613: 1606: 1597: 1590: 1583: 1573: 1564: 1557: 1550: 1543: 1536: 1527: 1520: 1513: 1506: 1486: 1479: 1472: 1465: 1458: 1451: 1444: 1435: 1428: 1421: 1412: 1405: 1398: 1391: 1384: 1377: 1370: 1363: 1356: 1347: 1340: 1333: 1311: 1304: 1297: 1290: 1283: 1276: 1269: 1262: 1255: 1248: 1239: 1232: 1223: 1216: 1209: 1200: 1193: 1186: 1179: 1170: 1163: 1156: 1149: 1140: 1133: 1126: 1119: 1112: 1105: 1098: 1091: 1089:Bank Secrecy Act 1069: 1062: 1055: 1048: 1041: 1034: 1025: 1018: 1011: 1004: 997: 990: 983: 976: 969: 962: 955: 948: 939: 932: 925: 916: 909: 902: 895: 888: 870: 863: 854: 847: 840: 833: 826: 819: 812: 805: 796: 789: 782: 773: 766: 757: 750: 747:Peace with Honor 741: 734: 727: 720: 713: 693: 686: 684:Executive Orders 677: 670: 663: 656: 649: 642: 635: 628: 621: 614: 607: 600: 593: 584: 575: 568: 541: 534: 527: 518: 497: 491: 476: 475: 440: 437:Internet Archive 427: 424:Internet Archive 414: 411:Internet Archive 391: 390: 388: 386: 380: 374:. Archived from 373: 364: 332: 313: 309: 304: 303:October 28, 1992 288: 284: 262:Great Depression 217: 201: 197: 178:Richard M. Nixon 164:Passed the House 122:sections created 88: 37: 30: 21: 2062: 2061: 2057: 2056: 2055: 2053: 2052: 2051: 2017: 2016: 2015: 2010: 1813: 1811: 1805: 1682: 1677: 1647: 1642: 1633: 1624: 1616: 1609: 1602: 1593: 1586: 1576: 1569: 1560: 1553: 1548:Watergate Seven 1546: 1539: 1532: 1523: 1516: 1509: 1502: 1489: 1482: 1475: 1468: 1461: 1454: 1447: 1440: 1431: 1424: 1417: 1408: 1401: 1394: 1387: 1380: 1373: 1368:Clean Water Act 1366: 1359: 1352: 1343: 1336: 1329: 1321: 1314: 1307: 1300: 1293: 1286: 1279: 1272: 1265: 1258: 1251: 1244: 1235: 1228: 1219: 1212: 1205: 1196: 1189: 1182: 1175: 1166: 1159: 1152: 1145: 1136: 1129: 1122: 1115: 1108: 1101: 1094: 1087: 1080:Economic policy 1074: 1065: 1058: 1051: 1044: 1037: 1030: 1023:Cannabis policy 1021: 1014: 1007: 1000: 993: 986: 979: 972: 965: 958: 951: 944: 935: 928: 921: 912: 905: 898: 891: 884: 878:Domestic policy 873: 866: 861:Operation CHAOS 859: 850: 843: 836: 829: 822: 815: 808: 801: 792: 785: 780:Tar Baby option 778: 769: 764:Cold War period 762: 753: 744: 737: 730: 723: 716: 709: 696: 689: 682: 673: 666: 659: 652: 645: 638: 631: 624: 617: 610: 603: 598:Silent majority 596: 589: 578: 571: 564: 551: 545: 515: 489: 483:Jasper Womach. 482: 473: 448: 443: 430: 417: 404: 400: 398:Further reading 395: 394: 384: 382: 378: 371: 366: 365: 361: 356: 339: 330: 311: 302: 286: 270: 232: 215: 199: 183: 174:Signed into law 150:Herman Talmadge 86: 51:Enacted by 23: 22: 18:Farm Credit Act 15: 12: 11: 5: 2060: 2058: 2050: 2049: 2044: 2039: 2034: 2029: 2019: 2018: 2012: 2011: 2009: 2008: 2003: 1998: 1993: 1988: 1983: 1978: 1973: 1968: 1963: 1958: 1953: 1948: 1943: 1938: 1933: 1928: 1923: 1918: 1913: 1908: 1903: 1898: 1893: 1888: 1883: 1878: 1873: 1868: 1863: 1858: 1853: 1848: 1843: 1838: 1833: 1828: 1823: 1817: 1815: 1807: 1806: 1804: 1803: 1798: 1793: 1788: 1783: 1778: 1773: 1768: 1763: 1758: 1753: 1748: 1743: 1738: 1733: 1728: 1723: 1718: 1713: 1708: 1703: 1698: 1692: 1690: 1684: 1683: 1678: 1676: 1675: 1668: 1661: 1653: 1644: 1643: 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702:Foreign policy 698: 697: 695: 694: 687: 680: 679: 678: 671: 657: 650: 643: 636: 629: 622: 615: 608: 601: 594: 587: 586: 585: 569: 561: 559: 553: 552: 546: 544: 543: 536: 529: 521: 499: 470: 469: 447: 446:External links 444: 442: 441: 428: 415: 401: 399: 396: 393: 392: 358: 357: 355: 352: 351: 350: 345: 338: 335: 316:104–105 (text) 269: 266: 231: 228: 185: 184: 182: 181: 171: 161: 142: 139: 138: 134: 133: 123: 116: 115: 110: 109:Titles amended 106: 105: 101: 100: 90: 82: 81: 76: 72: 71: 67: 66: 63: 59: 58: 52: 48: 47: 43: 39: 38: 24: 14: 13: 10: 9: 6: 4: 3: 2: 2059: 2048: 2045: 2043: 2040: 2038: 2035: 2033: 2030: 2028: 2025: 2024: 2022: 2007: 2004: 2002: 1999: 1997: 1994: 1992: 1989: 1987: 1984: 1982: 1979: 1977: 1974: 1972: 1969: 1967: 1964: 1962: 1959: 1957: 1954: 1952: 1949: 1947: 1944: 1942: 1939: 1937: 1934: 1932: 1929: 1927: 1924: 1922: 1919: 1917: 1914: 1912: 1909: 1907: 1904: 1902: 1899: 1897: 1894: 1892: 1889: 1887: 1884: 1882: 1879: 1877: 1874: 1872: 1869: 1867: 1864: 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List 1266: 1009:War on drugs 505: 485: 471: 436: 423: 410: 383:. Retrieved 376:the original 362: 278: 271: 243: 239: 233: 190: 188: 173: 163: 145: 104:Codification 1814:legislation 1604:Resignation 1124:Nixon shock 725:Vietnam War 654:Wilson desk 550:(1969–1974) 500:â€č The 321:, 110  293:, 106  2021:Categories 1688:Farm bills 566:Transition 354:References 329:, enacted 301:, enacted 268:Amendments 230:Background 214:, enacted 206:, 85  146:Introduced 75:Public law 42:Long title 1495:Watergate 248:(48  126:31 U.S.C. 70:Citations 62:Effective 1504:Timeline 937:Title IX 557:Timeline 502:template 385:30 March 337:See also 92:85  810:DĂ©tente 504:below ( 460:details 308:Pub. L. 291:102–552 283:Pub. L. 196:Pub. L. 1611:Pardon 1582:(1974) 1322:policy 325:  314:  297:  289:  252:  210:  204:92–181 202:  168:331-19 120:U.S.C. 96:  79:92-181 1810:Other 490:(PDF) 481:from 379:(PDF) 372:(PDF) 323:Stat. 319:(PDF) 295:Stat. 250:Stat. 208:Stat. 132:§ 742 130:ch. 7 128: 94:Stat. 387:2011 299:4102 272:The 244:The 189:The 54:the 1534:CRP 464:GPO 456:PDF 327:162 254:257 238:to 212:583 98:583 2023:: 492:. 435:. 422:. 409:. 158:GA 1672:e 1665:t 1658:v 749:" 745:" 583:" 579:" 540:e 533:t 526:v 496:. 458:/ 454:( 389:. 280:( 193:( 156:– 154:D 152:( 20:)

Index

Farm Credit Act
Great Seal of the United States
92nd United States Congress
92-181
Statutes at Large
Stat.
583
31 U.S.C.: Money and Finance
U.S.C.
31 U.S.C.
ch. 7
Herman Talmadge
D
GA
331-19
Richard M. Nixon
Pub. L.
92–181
Stat.
583
Farm Credit System
government-sponsored enterprise
United States government
Farm Credit Act of 1933
Stat.
257
Franklin D. Roosevelt
Great Depression
Agricultural Credit Act of 1987
Pub. L.

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