[106th Congress Public Law 2]
[From the U.S. Government Printing Office]


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[DOCID: f:publ002.106]


[[Page 112 STAT. 5]]

Public Law 106-2
106th Congress

                                 An Act


 
    To nullify any reservation of funds during fiscal year 1999 for 
 guaranteed loans under the Consolidated Farm and Rural Development Act 
       for qualified beginning farmers or ranchers, and for other 
            purposes. <<NOTE: Mar. 15, 1999 -  [H.R. 882]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. <<NOTE: 7 USC 1994 note.>> NULLIFICATION OF RESERVATION OF 
            FUNDS DURING FISCAL YEAR 1999 FOR GUARANTEED LOANS UNDER THE 
            CONSOLIDATED FARM AND RURAL DEVELOPMENT ACT FOR QUALIFIED 
            BEGINNING FARMERS OR RANCHERS.

    Amounts shall be made available pursuant to section 346(b)(1)(D) of 
the Consolidated Farm and Rural Development Act for guaranteed loans, 
without regard to any reservation under section 346(b)(2)(B) of such 
Act.

SEC. 2. QUALIFIED BEGINNING FARMERS AND RANCHERS TO BE GIVEN PRIORITY IN 
            MAKING GUARANTEED LOANS UNDER THE CONSOLIDATED FARM AND 
            RURAL DEVELOPMENT ACT FROM SUPPLEMENTAL APPROPRIATIONS FOR 
            FISCAL YEAR 1999.

    In making guaranteed loans under the Consolidated Farm and Rural 
Development Act from funds made available pursuant to any Act making 
supplemental appropriations for fiscal year 1999, the Secretary of 
Agriculture shall, to the extent practicable, give priority to making 
such loans to qualified beginning farmers and ranchers (as defined in 
section 343(a)(11) of such Act).

    Approved March 15, 1999.

LEGISLATIVE HISTORY--H.R. 882:
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CONGRESSIONAL RECORD, Vol. 145 (1999):
            Mar. 2, considered and passed House.
            Mar. 8, considered and passed Senate.
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 35 (1999):
            Mar. 15, Presidential statement.

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