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7 U.S.C. 1927: Repayment requirements

Created in 1961 by Public Law 87-128. Changed by 12 later laws. No bill we track in this Congress changes it.

5 other sections of the Code cite this one, including 7 U.S.C. 935, 7 U.S.C. 1926, 7 U.S.C. 1929, 7 U.S.C. 1994, 25 U.S.C. 5141.

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2014

    • Pub. L. 113–79, §5003, added subpar. (D) and struck out former subpar. (D). Prior to amendment, text read as follows: "If a direct farm ownership loan is made under this subchapter as part of a joint financing arrangement and the amount of the direct farm ownership loan does not … (Agricultural Act of 2014) Law text · (a)
    • Pub. L. 113–79, §5004, redesignated subsec. (e) as (d) and struck out former subsec. (d). Prior to amendment, text read as follows: "With respect to a farm ownership loan made after December 23, 1985, unless appraised values of the rights to oil, gas, or other minerals are specif… (Agricultural Act of 2014) Law text · (d), (e)

    2008

    • Pub. L. 110–246, §6011, added subpar. (E). (Food, Conservation, and Energy Act of 2008) Law text · (a)
    • Pub. L. 110–246, §6012(b)(1), added cl. (ii) and struck out former cl. (ii) which read as follows: "clause (1) of section 1932(a) of this title, and". (Food, Conservation, and Energy Act of 2008) Law text · (a)

    1996

    • Pub. L. 104–127, §604(1), inserted "subparagraph (D) and in" after "Except as provided in". (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)
    • Pub. L. 104–127, §604(2), added subpar. (D). (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)
    • Pub. L. 104–127, §661(a)(1), substituted "1926(a)(1) and 1932 of this title" for "1924(b), 1926(a)(1), and 1932 of this title". (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)
    • Pub. L. 104–127, §661(a)(2), inserted "and" at end of cl. (v), substituted a period for ", and" at end of cl. (vi), redesignated cls. (iii), (v), and (vi) as (i), (ii), and (iii), respectively, and struck out cls. (i), (ii), (iv), and (vii) which read as follows: (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)
    • Pub. L. 104–127, §747(b)(1), substituted "section 1932(d) of this title" for "subsections (d) and (e) of section 1932 of this title". (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)

    1994

    • Pub. L. 103–328, §113(a)(1), substituted "Notwithstanding the provisions of the constitution or laws of any State limiting the rate or amount of interest that may be charged, taken, received, or reserved, except" for "Except". · (a)
    • Pub. L. 103–328, §113(a)(2), substituted "(5)(A) Except as provided in subparagraph (B), the" for "(5) The" and added subpar. (B). · (a)

    1992

    • Pub. L. 102–552 redesignated cls. (iii) to (viii) as (ii) to (vii) and struck out former cl. (ii) which read as follows: "the provisions of section 1924(a) of this title, relating to the financing of outdoor recreational enterprises or the conversion of farming or r… · (a)

    1990

    • Pub. L. 101–624, §2383(1), substituted "guaranteed" for "guranteed". · (a)
    • Pub. L. 101–624, §1803(a), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: "Except as provided in paragraph (6), the interest rates on loans (other than guaranteed loans) under section 1934 of this title shall be as determined by the Secretary, but… · (a)
    • Pub. L. 101–624, §2383(2), added subpar. (C). · (a)

    1988

    • Pub. L. 100–233, §603, inserted provisions at end relating to use of same collateral to secure two or more loans made, insured, or guaranteed under this subchapter. · (c)
    • Pub. L. 100–233, §604, added subsec. (e). · (e)

    1985

    • Pub. L. 99–198, §1304A, substituted "where the median household income of the persons to be served by such facility is below the higher of 80 per centum of the statewide nonmetropolitan median household income or the poverty line established by the Office of Management and Budget… · (a)
    • Pub. L. 99–198, §1305, added subsec. (d). · (d)

    1981

    • Pub. L. 97–35 in par. (2) inserted reference to par. (6), in par. (3) designated existing provisions as subpar. (A), expanded provisions to take into account provisions of par. (6) and revised criteria for determination of applicable interest rates, and added subpar. (B), in par. (4) i… · (a)

    1978

    • Pub. L. 95–334, §108(1), substituted provisions relating to determination of interest rates on loans, except as provided in pars. (3) to (5), as not in excess of the current average market yield on outstanding marketable obligations of the United States, with comparable remaining perio… · (a)
    • Pub. L. 95–334, §108(2), (3), added subsec. (b) and redesignated former subsec. (b) as (c). · (b), (c)

    1972

    • Pub. L. 92–419, §§113, 114, prescribed interest rates on rural development other than guaranteed and guaranteed loans and escrow payment of taxes and insurance, respectively. · (a)
    • Pub. L. 92–419, §128(b), substituted "may" for "shall" in second sentence. · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.