The law › Title 7, Agriculture › Chapter 50
7 U.S.C. 1999: Interest rate reduction program
Created in 1985 by Public Law 87-128. Changed by 6 later laws. No bill we track in this Congress changes it.
1 other section of the Code cite this one, including 7 U.S.C. 1983a.
- 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, §12306(d)(1), inserted "and veteran" after "Beginning" in heading. (Agriculture Improvement Act of 2018) Law text · (e)
- Pub. L. 115–334, §12306(d)(2), inserted before period at end "or veteran farmers and ranchers (as defined in section 2279(a) of this title)". (Agriculture Improvement Act of 2018) Law text · (e)
- Pub. L. 115–334, §12306(d)(3), struck out "beginning" before "farmers or ranchers". (Agriculture Improvement Act of 2018) Law text · (e)
2002
- Pub. L. 107–171, §5313(1), struck out par. (1) designation and heading and struck out heading and text of par. (2). Text read as follows: "The authority provided by this subsection shall terminate on September 30, 2002." (Farm Security and Rural Investment Act of 2002) Law text · (a)
- Pub. L. 107–171, §5313(2), added par. (2) and struck out former par. (2) which read as follows: "The total amount of funds used by the Secretary to carry out this section may not exceed $490,000,000." (Farm Security and Rural Investment Act of 2002) Law text · (e)
1996
- Pub. L. 104–105 inserted heading, designated existing provisions as par. (1) and inserted heading, and added par. (2). (Farm Credit System Reform Act of 1996) Law text · (a)
- Pub. L. 104–127, §643(a)(1), substituted "The Secretary" for "Each Farmers Home Administration county supervisor" and "list of lenders" for "list of approved lenders" and struck out "the Farmers Home Administration" before "guaranteed farm loan programs". (Federal Agriculture Improvement and Reform Act of 1996) Law text · (f)
- Pub. L. 104–127, §643(a)(2), struck out subsec. (h) which established a demonstration project during 4-year period beginning Jan. 6, 1988, for purchase of Farm Credit System land. (Federal Agriculture Improvement and Reform Act of 1996) Law text · (h)
1990
- Pub. L. 101–508, §1202(b)(1)(A), substituted "100 percent" for "50 percent" and "4 percent" for "2 percent". · (c)
- Pub. L. 101–508, §1202(b)(1)(B), struck out ", or 3 years, whichever is less" after "term of such loan". · (d)
- Pub. L. 101–508, §1202(c), substituted "4-year" for "3-year". · (h)
1988
- Pub. L. 100–233, §613(b)(1), substituted "24-month" for "12-month". · (b)
- Pub. L. 100–233, §613(b)(2), added subsecs. (f) and (g). · (f), (g)
- Pub. L. 100–233, §613(c), added subsec. (h). · (h)
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.