About: Consolidated Farm and Rural Development Act of 1972

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The Consolidated Farm and Rural Development Act of 1972 or Con Act (P.L. 92-419) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA). The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961 (P.L. 87-128). In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and is often referred to as the Con Act. Also the Act authorizes rural development loans and grants. (7 U.S.C. 1921 et seq.).

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dbo:abstract	The Consolidated Farm and Rural Development Act of 1972 or Con Act (P.L. 92-419) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA). The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961 (P.L. 87-128). In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and is often referred to as the Con Act. The H.R. 12931 legislation was passed by the 92nd U.S. Congressional session and enacted by the 37th President of the United States Richard Nixon on August 30, 1972. The Con Act, as amended, currently serves as the authorizing statute for USDA's agricultural and rural development lending programs. The Act includes current authority for the following three major Farm Service Agency (FSA) farm loan programs: farm ownership loans, farm operating loans, and emergency disaster loans. Also the Act authorizes rural development loans and grants. (7 U.S.C. 1921 et seq.). (en)
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dbp:article	Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (en)
dbp:citePublicLaw	92 (xsd:integer)
dbp:conferencedate	1972-07-27 (xsd:date)
dbp:effectiveDate	1972-08-30 (xsd:date)
dbp:enactedBy	92 (xsd:integer)
dbp:introducedin	House (en)
dbp:longtitle	An Act to provide for improving the economy and living conditions in rural America. (en)
dbp:othershorttitles	Rural Development Act of 1972 (en)
dbp:passedbody	House (en) Senate (en)
dbp:passeddate	1972-02-23 (xsd:date) 1972-04-20 (xsd:date) 1972-07-27 (xsd:date) 1972-08-17 (xsd:date)
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dbp:publicLawUrl	http://www.gpo.gov/fdsys/pkg/STATUTE-86/pdf/STATUTE-86-Pg657.pdf
dbp:sectionsAmended	§ 1921 et seq. (en)
dbp:shorttitle	Consolidated Farm and Rural Development Act of 1972 (en)
dbp:signeddate	1972-08-30 (xsd:date)
dbp:signedpresident	dbr:Richard_M._Nixon
dbp:titleAmended	7 (xsd:integer)
dbp:url	https://web.archive.org/web/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf\|author= Jasper Womach (en)
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rdfs:comment	The Consolidated Farm and Rural Development Act of 1972 or Con Act (P.L. 92-419) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA). The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961 (P.L. 87-128). In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and is often referred to as the Con Act. Also the Act authorizes rural development loans and grants. (7 U.S.C. 1921 et seq.). (en)
rdfs:label	Consolidated Farm and Rural Development Act of 1972 (en)
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