This article will address the topic of Consolidated Farm and Rural Development Act of 1961, which has generated multiple debates and has aroused the interest of different sectors of society. Consolidated Farm and Rural Development Act of 1961 is a topic of current relevance that has been the subject of study and research in different contexts and disciplines. Over time, Consolidated Farm and Rural Development Act of 1961 has undergone various transformations and has acquired different meanings, which makes it a topic of great complexity and breadth. Therefore, it is essential to analyze in depth the different aspects and dimensions that Consolidated Farm and Rural Development Act of 1961 encompasses, in order to understand its scope and impact in various areas. By exploring its origins, evolution and consequences, it is intended to offer a comprehensive and objective vision of Consolidated Farm and Rural Development Act of 1961, with the purpose of contributing to the understanding and reflection on this topic.
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Other short titles |
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Long title | An Act to improve and protect farm prices and farm income, to increase farmer participation in the development of farm programs, to adjust supplies of agricultural commodities in line with the requirements therefore, to improve distribution and expand exports of agricultural commodities, to liberalize and extend farm credit services, to protect the interest of consumers, and for other purposes. |
Enacted by | the 87th United States Congress |
Effective | August 8, 1961 |
Citations | |
Public law | 87-128 |
Statutes at Large | 75 Stat. 294 |
Codification | |
Titles amended | 7 U.S.C.: Agriculture |
U.S.C. sections amended | |
Legislative history | |
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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 The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961.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.[1][2]
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.
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 |
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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 |
This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.