Consolidated Farm and Rural Development Act of 1972

Consolidated Farm and Rural Development Act of 1972
Citations

Other short titles	Rural Development Act of 1972
Long title	An Act to provide for improving the economy and living conditions in rural America.
Enacted by	the 92nd United States Congress
Effective	August 30, 1972
Public law	92-419
Statutes at Large	86 Stat. 657
Codification
Titles amended	7 U.S.C.: Agriculture
U.S.C. sections amended	7 U.S.C. ch. 50 § 1921 et seq.
Legislative history
Introduced in the House as H.R. 12931 Passed the House on February 23, 1972 (150-224) Passed the Senate on April 20, 1972 (78-0) Reported by the joint conference committee on July 27, 1972; agreed to by the House on July 27, 1972 (340-36) and by the Senate on August 17, 1972 (73-0) Signed into law by President Richard M. Nixon on August 30, 1972

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 The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961 (P.L. 87-128).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.^[1]

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.).

References

↑ Peters,Gerhard; Woolley, John T. "Richard Nixon: "Statement on Signing the Rural Development Act of 1972.," August 30, 1972". The American Presidency Project. University of California - Santa Barbara.

External links

Peters, Gerhard; Woolley, John T. "Richard Nixon: "Remarks on Signing a Special Message to the Congress on Special Revenue Sharing for Rural Community Development.," March 10, 1971". The American Presidency Project. University of California - Santa Barbara.
Peters, Gerhard; Woolley, John T. "Richard Nixon: "Special Message to the Congress on Special Revenue Sharing for Rural Community Development.," March 10, 1971". The American Presidency Project. University of California - Santa Barbara.
Peters, Gerhard; Woolley, John T. "Richard Nixon: "Message to the Congress Transmitting First Annual Report on Financial Assistance to Rural Areas.," July 23, 1971". The American Presidency Project. University of California - Santa Barbara.
Peters, Gerhard; Woolley, John T. "Richard Nixon: "Special Message to the Congress on Rural Development.," February 1, 1972". The American Presidency Project. University of California - Santa Barbara.

This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.

United States federal agriculture legislation

Farm Bills	Federal Farm Loan Act (1916) Agricultural Adjustment Act (1933) Agricultural Adjustment Act Amendment of 1935 Soil Conservation and Domestic Allotment Act of 1936 Agricultural Adjustment Act of 1938 Agricultural Act of 1948 Agricultural Act of 1949 Agricultural Act of 1954 Agricultural Act of 1956 Agricultural Act of 1961 Food and Agriculture Act of 1965 Agricultural Act of 1970 Agriculture and Consumer Protection Act of 1973 Food and Agriculture Act of 1977 Agriculture and Food Act of 1981 Food Security Act of 1985 Food, Agriculture, Conservation, and Trade Act of 1990 Federal Agriculture Improvement and Reform Act of 1996 Farm Security and Rural Investment Act of 2002 Food, Conservation, and Energy Act of 2008 Agricultural Act of 2014

Additional Legislation	Hatch Act of 1887 Agriculture Appropriation Act of 1905 Agricultural Appropriations Act of 1922 Cotton Futures Act (1914) Cotton Futures Act (1916) Grain Standards Act (1916) Wheat Price Guarantee Act (1919) Future Trading Act (1921) Grain Futures Act (1922) Capper–Volstead Act (1922) Agricultural Marketing Act (1929) Farm Credit Act of 1933 Frazier–Lemke Farm Bankruptcy Act (1934) Bankhead–Jones Act of 1935 Commodity Exchange Act (1936) Bankhead-Jones Farm Tenant Act (1937) Agricultural Marketing Agreement Act of 1937 Agricultural Trade Development and Assistance Act of 1954 National Wool Act of 1954 Agricultural Fair Practices Act of 1967 Farm Credit Act of 1971 Consolidated Farm and Rural Development Act of 1972 Commodity Futures Trading Commission Act of 1974 Agricultural Trade Act of 1978 Agricultural Adjustment Act of 1980 National Aquaculture Act of 1980 Caribbean Basin Economic Recovery Act of 1983 Extra-Long Staple Cotton Act of 1983 Agricultural Credit Act of 1987 Hunger Prevention Act of 1988 Alien Species Prevention and Enforcement Act of 1992 National Wool Act Amendments of 1993 Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 Agricultural Research, Extension, and Education Reform Act of 1998 Agriculture Risk Protection Act of 2000

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Consolidated Farm and Rural Development Act of 1972

See also

References

External links