The law › Title 7, Agriculture › Chapter 50
7 U.S.C. 1994: Maximum amounts for loans authorized; long-term cost projections
Created in 1978 by Public Law 87-128. Changed by 14 later laws. No bill we track in this Congress changes it.
2 other sections of the Code cite this one, including 7 U.S.C. 1923, 7 U.S.C. 2008x.
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
2018
- Pub. L. 115–334, §5401(g), struck out comma before period at end. (Agriculture Improvement Act of 2018) Law text · (a)
- Pub. L. 115–334, §5302, substituted "$10,000,000,000 for each of fiscal years 2019 through 2023" for "$4,226,000,000 for each of fiscal years 2008 through 2018" in introductory provisions, added subpars. (A) and (B), and struck out former subpars. (A) and (B) which set aside, out of… (Agriculture Improvement Act of 2018) Law text · (b)
- Pub. L. 115–334, §5303, substituted "2023" for "2018". (Agriculture Improvement Act of 2018) Law text · (b)
- Pub. L. 115–334, §5304, added par. (5). (Agriculture Improvement Act of 2018) Law text · (b)
2014
2008
- Pub. L. 110–246, §5303(1), substituted "$4,226,000,000 for each of fiscal years 2008 through 2012" for "$3,796,000,000 for each of fiscal years 2003 through 2007" in introductory provisions. (Food, Conservation, and Energy Act of 2008) Law text · (b)
- Pub. L. 110–246, §5303(2), in introductory provisions, substituted "$1,200,000,000" for "$770,000,000", in cl. (i), substituted "$350,000,000" for "$205,000,000", and, in cl. (ii), substituted "$850,000,000" for "$565,000,000". (Food, Conservation, and Energy Act of 2008) Law text · (b)
- Pub. L. 110–246, §5302(b)(1)(A), in subcl. (I), substituted "an amount that is not less than 75 percent of the total amount" for "70 percent" and, in subcl. (II), inserted "; joint financing arrangements" at end of heading and, in text, substituted "an amount not less than 2/3… (Food, Conservation, and Energy Act of 2008) Law text · (b)
- Pub. L. 110–246, §5302(b)(1)(B), substituted "2008 through 2012, an amount that is not less than 50 percent of the total amount" for "2003 through 2007, 35 percent". (Food, Conservation, and Energy Act of 2008) Law text · (b)
- Pub. L. 110–246, §5302(b)(2), substituted "an amount that is not less than 40 percent of the total amount" for "25 percent". (Food, Conservation, and Energy Act of 2008) Law text · (b)
2002
- Pub. L. 107–171, §5311, reenacted heading without change and amended text generally. Prior to amendment, text related to guaranteed loans under subchapters I and II of this chapter from the Agricultural Credit Insurance Fund provided for in section 1929 of this title for fiscal year… (Farm Security and Rural Investment Act of 2002) Law text · (b)
- Pub. L. 107–171, §5312, substituted "2003 through 2007" for "2000 through 2002". (Farm Security and Rural Investment Act of 2002) Law text · (b)
1996
- Pub. L. 104–127, §641(1), in second sentence, struck out "with or without authority for the Secretary to transfer amounts between such categories within a given program for more effective administration" before period at end. (Federal Agriculture Improvement and Reform Act of 1996) Law text · (a)
- Pub. L. 104–127, §641(2), added subsec. (b) and struck out former subsec. (b), which set forth maximum amounts for direct and guaranteed loans under the Agricultural Credit Insurance Fund for fiscal years 1991 to 1995. (Federal Agriculture Improvement and Reform Act of 1996) Law text · (b)
1992
- Pub. L. 102–554, §20(b), inserted sentence at end. · (b)
- Pub. L. 102–554, §20(c), (d), added subpars. (D) to (G). · (b)
- Pub. L. 102–554, §20(a), (e), added pars. (5) and (6). · (b), (6)
1991
- Pub. L. 102–237, §702(i), repealed Pub. L. 101–624, §2388(i). See 1990 Amendment note below. · (b)
- Pub. L. 102–237, §701(h)(1)(F), substituted "this chapter" for "this Act" in two places. · (b)
1990
- Pub. L. 101–624, §2388(i), which amended subsec. (b), in par. (1)(B), by striking "subparagraph (C)" and inserting "paragraph (3)"; in par. (1)(C), by striking "subparagraph (A)" and inserting "paragraph (1)"; by redesignating pars. (1)(A), (B), (C), (D)(i), and (E) as (1), (2), (3), (… · (b)
- Pub. L. 101–508, §1202(a), amended subsec. (b) generally, substituting present provisions for provisions relating to maximum amounts for loans under the Agricultural Credit Insurance Fund and the Rural Development Insurance Fund for fiscal years 1986 through 1988. · (b)
1985
- Pub. L. 99–198, §1317(a), amended subsec. (b) generally, substituting provisions setting maximum amounts for loans under the Agricultural Credit Insurance Fund and the Rural Development Insurance Fund for each of fiscal years ending September 30, 1986, through September 30, 1988, for p… · (b)
- Pub. L. 99–198, §1317, struck out subsec. (d) which authorized special amounts for fiscal year 1982, redesignated subsec. (e) as (d), and in par. (1) substituted "25 per centum" for "20 per centum" wherever appearing and "each fiscal year" for "fiscal year 1984". · (d), (e)
1984
- Pub. L. 98–258 added subsec. (e). · (e)
1981
- Pub. L. 97–35 added subsec. (d). · (d)
1980
- Pub. L. 96–438 designated existing provisions as subsec. (a) and added subsecs. (b) and (c).
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.