Consolidated Farm and Rural Development Act of 1961
The Consolidated Farm and Rural Development Act of 1961 (P.L. 87-128) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA), but now through the Farm Service Agency. The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961.
The S. 1643 legislation was signed into law by the thirty-fifth President of the United States John F. Kennedy on August 8, 1961.
In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and is often referred to as the Con Act. The Con Act, as amended, currently serves as the authorizing statute for USDA’s agricultural and rural development lending programs. Titles in the Act include current authority for the following three major FSA farm loan programs: farm ownership, farm operating and emergency disaster loans. Title III of the Con Act is the Rural Development Act of 1972 (P.L.92-419) authorizing rural development loans and grants.
Amendments to 1961 Act
Chronological amendments and revisions to the Consolidated Farm and Rural Development Act of 1961.
| Date of Enactment | Public Law Number | U.S. Statute Citation | U.S. Legislative Bill | U.S. Presidential Administration |
|---|---|---|---|---|
| April 20, 1973 | Pub. L. 93–24 | 87 Stat. 24 | H.R. 1975 | Richard M. Nixon |
| August 5, 1975 | Pub. L. 94–68 | 89 Stat. 381 | S. 555 | Gerald R. Ford |
| August 4, 1978 | Pub. L. 95–334 | 92 Stat. 420 | H.R. 11504 | Jimmy E. Carter |
| September 25, 1980 | Pub. L. 96–358 | 94 Stat. 1184 | S. 261 | Jimmy E. Carter |
| October 13, 1980 | Pub. L. 96–438 | 94 Stat. 1871 | S. 985 | Jimmy E. Carter |
| October 28, 1992 | Pub. L. 102–554 | 106 Stat. 4142 | H.R. 6129 | George H.W. Bush |
| May 11, 1994 | Pub. L. 103–248 | 108 Stat. 619 | S. 1930 | William J. Clinton |
See also
References
External links
- Consolidated Farm and Rural Development Act as amended (PDF/details) in the GPO Statute Compilations collection
- Consolidated Farmers Home Administration Act of 1961 as enacted (details) in the US Statutes at Large
- S. 1643 on Congress.gov
- Peters, Gerhard; Woolley, John T. "Dwight D. Eisenhower: "Statement by the President Upon Receiving fifth Annual Report on the Rural Development Program.," October 13, 1960". The American Presidency Project. University of California - Santa Barbara.
This article incorporates public domain material fromJasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.