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Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition)

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eBook details

  • Title: Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition)
  • Author : The Law Library
  • Release Date : January 20, 2018
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 211 KB

Description

The Law Library presents the complete text of the Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition).
Updated as of May 29, 2018

The Commodity Credit Corporation (CCC) is amending the Farm Storage Facility Loan (FSFL) and Sugar Storage Facility Loan (SSFL) regulations to implement provisions of the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill). The 2008 Farm Bill adds hay and renewable biomass as eligible FSFL commodities, extends the maximum loan term to 12 years, and increases the maximum loan amount to $500,000. This rule also adds fruits and vegetables (including nuts) as eligible facility loan commodities and adds cold storage facilities as eligible facilities pursuant to discretionary authority in the 2008 Farm Bill. This rule amends the regulations to clarify requirements for loan security and to allow for a partial loan disbursement during construction if certain conditions are met. This rule amends the FSFL program regulations, which include SSFLs; however, there are no changes to the specific requirements for SSFLs.

This ebook contains:
- The complete text of the Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure


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