,,ii #aac? ,,congress #a/ ,session ,s4 #hcg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #be1 #bjac ,mr4 ,h>k9 7= himself1 ,mr4 ,leahy1 ,mr4 ,br[n1 ,mr4 ,te/]1 ,mr4 ,casey1 ,ms4 ,klobu*>1 ,mr4 ,udall ( ,new ,mexico1 ,mr4 ,m]kley1 ,mr4 ,frank51 & ,mr4 ,johnson ( ,s\? ,dakota7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to exp& & improve opportunities = beg9n+ f>m]s & ran*]s1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,beg9n+ ,f>m] & ,ran*] ,opportunity ,act ( #bjac4 7b7 ,table ( cont5ts ,! table ( cont5ts ( ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,,title ,i--,cons]vation ,subtitle ,a--,cons]vation res]ve program ,sec4 #aja4 ,ext5sion ( cons]vation res]ve program4 ,sec4 #ajb4 ,contracts4 ,subtitle ,b--,f>ml& protection program ,sec4 #aaa4 ,f>ml& protection program4 ,subtitle ,c--,environm5tal quality inc5tives program ,sec4 #aba4 ,e/abli%m5t & adm9i/ration ( environm5tal quality inc5tives program4 ,sec4 #abb4 ,cons]vation innovation grants & paym5ts4 ,subtitle ,d--,fund+ & adm9i/ration ,sec4 #aca4 ,fund+ ( cons]vation programs "u ,food ,security ,act ( #aihe4 ,sec4 #acb4 ,assi/ance to c]ta9 f>m]s or ran*]s = cons]vation access4 ,sec4 #acc4 ,compreh5sive cons]vation plann+4 ,,title ,,ii--,cr$it ,subtitle ,a--,f>m own]%ip loans ,sec4 #bja4 ,direct f>m own]%ip exp]i5ce requirem5t4 ,sec4 #bjb4 ,cons]vation loan & loan gu>antee program4 ,sec4 #bjc4 ,index+ ( direct f>m own]%ip loans4 ,sec4 #bjd4 ,jo9t f9anc+ arrangem5t4 ,sec4 #bje4 ,loan t]ms = d[n paym5t loan program4 ,sec4 #bjf4 ,limit$ res\rce loan rate4 ,sec4 #bjg4 ,def9ition ( qualifi$ beg9n+ f>m] or ran*]4 ,subtitle ,b--,op]at+ loans ,sec4 #baa4 ,"y beg9n+ f>m] or ran*] microloans4 ,subtitle ,c--,adm9i/rative provisions ,sec4 #bba4 ,beg9n+ f>m] & ran*] individual developm5t acc\nts pilot program4 ,sec4 #bbb4 ,transition to private comm]cial or o!r s\rces ( cr$it4 ,sec4 #bbc4 ,direct loans = beg9n+ f>m]s & ran*]s4 ,,title ,,iii--,rural developm5t ,sec4 #cja4 ,value-add$ produc] grants4 ,,title ,,iv--,rese>*1 education1 & ext5sion ,sec4 #dja4 ,beg9n+ f>m] & ran*] developm5t program4 ,sec4 #djb4 ,agriculture & ,food ,rese>* ,initiative4 ,,title ,v--,crop insurance ,sec4 #eja4 ,risk managem5t p>tn]%ip programs4 ,,title ,,vi--,miscellane\s ,sec4 #fja4 ,milit>y ,vet]ans ,agricultural ,liaison4 ,sec4 #fjb4 ,budget>y effects4 ,sec4 #fjc4 ,effective date4 ,i ,cons]vation ,a ,cons]vation res]ve program #aja4 ,ext5sion ( cons]vation res]ve program 7a7 ,9 g5]al ,section #abca7;a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chca7;a77 is am5d$ by /rik+ #bjab & ins]t+ #bjah4 7b7 ,l& eligible = enrollm5t 9 cons]vation res]ve ,section #abca7;b77#a77;,b7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chca7;b77#a77;,b77 is am5d$ by /rik+ ,food1 ,cons]vation1 & ,en]gy ,act ( #bjjh & ins]t+ ,beg9n+ ,f>m] & ,ran*] ,opportunity ,act ( #bjac4 7c7 ,maximum enrollm5t ( acreage 9 cons]vation res]ve ,section #abca7;d7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chca7;d77 is am5d$-- 7#a7 by /rik+ ! fir/ s5t5ce2 & 7#b7 9 ! second s5t5ce1 by /rik+ #bjaj1 #bjaa1 & #bjab & ins]t+ #bjaj ?r\gh #bjah4 7d7 ,pilot program = enrollm5t ( wetl& & buff] acreage 9 cons]vation res]ve ,section #abca;,b ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chca;b7 is am5d$-- 7#a7 9 subsection 7a77#a71 by /rik+ #bjab & ins]t+ #bjah2 & 7#b7 9 subsection 7b77#a77;,c71 by /rik+ #bjjb ?r\gh #bjjg & ins]t+ #bjjh ?r\gh #bjab4 #ajb4 ,contracts ,section #abce ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chce7 is am5d$-- 7#a7 9 subsection 7c77#a77;,b71 by /rik+ clause 7iii7 & ins]t+ ! foll[+3 7iii7 to facilitate a transition ( l& subject to ! contract f a retir$ or retir+ own] or op]ator to a beg9n+ f>m] or ran*]1 socially disadvantag$ f>m] or ran*]1 or limit$ res\rce f>m] or ran*] :o is or w be actively engag$ 9 f>m+ or ran*+ ) respect to ! l& transf]r$ "u ?is subsection = ! purpose ( return+ "s or all ( ! l& into production us+ su/a9able graz+ or crop production me?ods t meet or exce$ ! res\rce managem5t sy/em quality crit]ia = erosion1 soil quality1 wat] quality1 & fi% & wildlife2 or 2 & 7#b7 9 subsection 7f77#a7-- 7,a7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ or socially disadvantag$ f>m] or ran*] & ins]t+ socially disadvantag$ f>m] or ran*]1 or limit$ res\rce f>m] or ran*] :o is or w be actively engag$ 9 f>m+ or ran*+ ) respect to ! l& transf]r$ "u ?is subsection2 & 7,b7 by /rik+ subp>agraphs 7,c71 7,d71 & 7,e7 & ins]t+ ! foll[+3 7,c7 require ! cov]$ f>m] or ran*] to develop & implem5t a compreh5sive cons]vation plan t addresses all res\rce conc]ns & meets su* su/a9ability crit]ia z ! ,secret>y may e/abli%2 7,d7 provide to ! cov]$ f>m] or ran*] an opportunity to enroll 9 ! cons]vation /ew>d%ip program or ! environm5tal quality inc5tives program at any "t beg9n+ on ! date t is #a ye> be=e ! date ( t]m9ation ( ! contract1 includ+ te*nical & f9ancial assi/ance 9 ! developm5t ( a compreh5sive cons]vation plan2 7,e7 if ! l& transf]r$ "u ?is subsection rema9s 9 grass cov]1 provide to ! cov]$ f>m] or ran*] an opportunity to enroll 9 a long-t]m or p]man5t easem5t "u ! grassl& res]ve program or f>ml& protection program at any "t beg9n+ on ! date t is #a ye> be=e ! date ( t]m9ation ( ! contact2 & 7,f7 cont9ue to make annual paym5ts to ! retir$ or retir+ own] or op]ator = n m ?an an additional #b ye>s aft] ! date ( t]m9ation ( ! contract1 except t1 9 ! case ( a retir$ or retir+ own] or op]ator :o is a family memb] 7z def9$ 9 section #ajja7 ( ! cov]$ f>m] or ran*]1 ! additional paym5ts %all be made only if title to ! l& is sold or transf]r$ to ! cov]$ f>m] or ran*] on t]m9ation ( ! contract4 4 ,b ,f>ml& protection program #aaa4 ,f>ml& protection program ,section #abch;,i ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chch;i7 is am5d$-- 7#a7 9 subsection 7b71 by ins]t+ to promote f>m viability = future g5]ations be=e ! p]iod at ! end2 & 7#b7 9 subsection 7g77#d7-- 7,a7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7,b7 by r$esignat+ subp>agraph 7,c7 z subp>agraph 7,d72 & 7,c7 by ins]t+ aft] subp>agraph 7,b7 ! foll[+3 7,c7 provide a fund+ priority1 to ! maximum ext5t practicable1 =-- 7i7 eligible l& = :i* !re exi/s a f>m or ran* succession plan or simil> plan e/abli%$ to create opportunities = beg9n+ f>m]s & ran*]s & enc\rage f>m viability = future g5]ations2 7ii7 easem5ts t ex]cise an option to pur*ase at a price t is equal to ! agricultural use value2 7iii7 qualifi$ beg9n+ f>m]s or ran*]s ) contracts to pur*ase ! l& to be protect$2 7iv7 l& own$ by a nongov]nm5tal organization t w be sold to a qualifi$ beg9n+ f>m] or ran*]2 7v7 contemporane\s f>m transf]s ( eligible l& to qualifi$ beg9n+ f>m]s & ran*]s t may n occur )\t ! f9ancial assi/ance ( ! program2 & 7vi7 o!r simil> me*anisms to ma9ta9 ! af=dability ( f>m & ran* l& = successive g5]ations ( f>m]s & ran*]s2 & 4 ,c ,environm5tal quality inc5tives program #aba4 ,e/abli%m5t & adm9i/ration ( environm5tal quality inc5tives program ,section #abdj;,b ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#b7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ #bjad & ins]t+ #bjah2 7#b7 9 subsection 7d77#d77;,b71 by /rik+ #cj p]c5t & ins]t+ #ej p]c5t2 & 7#c7 9 subsection 7f71 by /rik+ #bjab & ins]t+ #bjah4 #abb4 ,cons]vation innovation grants & paym5ts ,section #abdj;,h ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#h7 is am5d$-- 7#a7 9 subsection 7a77#b7-- 7,a7 9 subp>agraph 7,c71 by /rik+ 2 & & ins]t+ a semicolon2 7,b7 9 subp>agraph 7,d71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,e7 provide environm5tal & res\rce cons]vation b5efits ?r\gh increas$ p>ticipation by beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s4 2 & 7#b7 9 subsection 7b77#b71 by /rik+ #bjab & ins]t+ #bjah4 ,d ,fund+ & adm9i/ration #aca4 ,fund+ ( cons]vation programs "u ,food ,security ,act ( #aihe ,section #abda7;a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chda7;a77 is am5d$-- 7#a7 9 ! matt] prec$+ p>agraph 7#a71 by ins]t+ & ?r\gh fiscal ye> #bjah 9 ! case ( ! program describ$ 9 p>agraph 7#a77;,b7 aft] 7#g72 & 7#b7 9 p>agraph 7#a71 by /rik+ subp>agraph 7,b7 & ins]t+ ! foll[+3 7,b7 #ej1jjj1jjj = ! p]iod ( fiscal ye>s #bjad ?r\gh #bjah to c>ry out section #abce7;f7 to facilitate ! transf] ( l& subject to contracts f retir$ or retir+ own]s & op]ators to beg9n+ f>m]s or ran*]s1 socially disadvantag$ f>m]s or ran*]s1 or limit$ res\rce f>m]s or ran*]s4 4 #acb4 ,assi/ance to c]ta9 f>m]s or ran*]s = cons]vation access ,section #abda7;g7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chda7;g77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ #bjab & ins]t+ #bjah2 & 7#b7 9 p>agraph 7#b71 by ins]t+ 7b n e>li] ?an #abj days aft] ! date t fund+ = ! fiscal ye> is allocat$ to ! ,/ates7 aft] ,secret>y2 7#c7 9 p>agraph 7#c71 by ins]t+ 7b n e>li] ?an #abj days aft] ! date t acres = ! fiscal ye> are allocat$ to ! ,/ates7 aft] ,secret>y2 & 7#d7 by add+ at ! end ! foll[+3 7#d7 ,p>ticipation by beg9n+ & socially disadvantag$ f>m]s & ran*]s ,no?+ 9 ?is subsection prohibits beg9n+ or socially disadvantag$ f>m]s or ran*]s f p>ticipat+ 9 programs & receiv+ fund+ available "u ?is title t is n res]v$ "u p>agraph 7#a74 7#e7 ,te*nical assi/ance ,)9 ! funds res]v$ "u p>agraph 7#a71 ! ,secret>y %all allocate to ! ,natural ,res\rces ,cons]vation ,s]vice fund+ = te*nical assi/ance at a rate t is n m ?an #aj p]c5t high] ?an ! rate t w\ld o!rwise apply to all[ ! ,s]vice to provide additional te*nical assi/ance to beg9n+ f>m]s or ran*]s & socially disadvantag$ f>m]s or ran*]s to e/abli% cons]vation plans4 4 #acc4 ,compreh5sive cons]vation plann+ ,section #abdd7;a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chdd7;a77 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,compreh5sive cons]vation plann+ ,9 c>ry+ out ?is subsection1 ! ,secret>y %all provide te*nical & f9ancial assi/ance us+ res\rces available "u ! environm5tal quality inc5tives program1 cons]vation /ew>d%ip program1 or su* o!r programs z ! ,secret>y may det]m9e to cov]$ p]sons :o reque/ ! assi/ance to develop a compreh5sive cons]vation plan = ! f>m+ or ran*+ op]ation ( ! cov]$ p]son t addresses all res\rce conc]ns & meets su* su/a9ability crit]ia z ! ,secret>y may e/abli%4 4 ,,ii ,cr$it ,a ,f>m own]%ip loans #bja4 ,direct f>m own]%ip exp]i5ce requirem5t ,section #cjb7;b77#a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aibb7;b77#a77 is am5d$ 9 ! matt] prec$+ subp>agraph 7,a7 by ins]t+ or has o!r acceptable exp]i5ce = a p]iod ( "t1 z det]m9$ by ! ,secret>y1 aft] #c ye>s4 #bjb4 ,cons]vation loan & loan gu>antee program ,section #cjd ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aibd7 is am5d$-- 7#a7 9 subsection 7c77#b7-- 7,a7 by /rik+ %all meet & ins]t+ 8%all-- 7,a7 meet 2 7,b7 9 subp>agraph 7,a7 7z s designat$71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,b7 be ! own] or op]ator ( n l>g] ?an a family f>m4 2 7#b7 9 subsection 7e7-- 7,a7 by /rik+ ,! portion & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! portion 2 & 7,b7 by add+ at ! end ! foll[+3 7#b7 ,beg9n+ & socially disadvantag$ f>m]s & ran*]s ,9 ! case ( beg9n+ f>m]s or ran*]s & socially disadvantag$ f>m]s or ran*]s1 ! portion ( ! loan ! ,secret>y may gu>antee "u ?is section %all be #ie p]c5t ( ! pr9cipal am\nt ( ! loan4 2 & 7#c7 by /rik+ subsection 7h7 & ins]t+ ! foll[+3 7h7 ,fund+ 7#a7 ,9 g5]al ,! ,secret>y may make or gu>antee loans "u ?is section = n m ?an #bej1jjj1jjj = ea* ( fiscal ye>s #bjac ?r\gh #bjah1 ( :i*1 = ea* fiscal ye>1 n m ?an #a_/b %all be us$ = direct loans & n m ?an #a_/b %all be us$ = gu>ante$ loans4 7#b7 ,qualifi$ beg9n+ f>m]s & ran*]s 7,a7 ,direct loans ,( ! am\nt made available = direct loans = a fiscal ye> "u p>agraph 7#a71 ! ,secret>y %all res]ve = qualifi$ beg9n+ f>m]s & ran*]s until ,april #a ( ! fiscal ye> n less ?an #ej p]c5t ( ! am\nt4 7,b7 ,gu>ante$ loans ,( ! am\nt made available = gu>ante$ loans = a fiscal ye> "u p>agraph 7#a71 ! ,secret>y %all res]ve = qualifi$ beg9n+ f>m]s & ran*]s until ,april #a ( ! fiscal ye> n less ?an #ej p]c5t ( ! am\nt4 4 #bjc4 ,index+ ( direct f>m own]%ip loans ,section #cje7;a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aibe7;a77 is am5d$ by ins]t+ 7increas$1 beg9n+ ) fiscal ye> #bjad1 by ! inflation p]c5tage1 z det]m9$ by ! ,secret>y1 applicable to ! fiscal ye> 9 :i* ! loan is made7 aft] #cjj1jjj4 #bjd4 ,jo9t f9anc+ arrangem5t ,section #cjg7;a77#c77;,d7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aibg7;a77#c77;,d77 is am5d$ by /rik+ #d & ins]t+ #a4e4 #bje4 ,loan t]ms = d[n paym5t loan program ,section #caj;,e7b77#a77;,c7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aice7;b77#a77;,c77 is am5d$ by /rik+ #ejj1jjj & ins]t+ #ffg1jjj4 #bjf4 ,limit$ res\rce loan rate ,section #caf7;a77#b77;,b7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aidf7;a77#b77;,b77 is am5d$ by /rik+ #e & ins]t+ #a4e4 #bjg4 ,def9ition ( qualifi$ beg9n+ f>m] or ran*] ,section #cdc7;a77#aa77;,f7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiia7;a77#aa77;,f77 is am5d$ by /rik+ m$ian & ins]t+ av]age4 ,b ,op]at+ loans #baa4 ,"y beg9n+ f>m] or ran*] microloans 7a7 ,9 g5]al ,section #caa ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aida7 is am5d$ by add+ at ! end ! foll[+3 7d7 ,microloans 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ! ,secret>y may e/abli% a program to make or gu>antee microloans4 7#b7 ,limitation ,! ,secret>y %all n make or gu>antee a microloan "u ?is subsection t-- 7,a7 exce$s #ce1jjj2 or 7,b7 w\ld cause ! total pr9cipal indebt$ness out/&+ at any "t = microloans "u ?is subsection to any "o borr[] to exce$ #gj1jjj4 7#c7 ,applications ,to ! maximum ext5t practicable1 ! ,secret>y %all limit ! adm9i/rative burd5s & /reaml9e ! application & approval process = microloans "u ?is subsection4 7#d7 ,coop]ative l5d+ projects 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! ,secret>y may ent] into a contract ) "o or m community-bas$ & nongov]nm5tal organizations1 ,/ate entities1 or o!r int]m$i>ies1 z ! ,secret>y det]m9es appropriate-- 7i7 to make or gu>antee a microloan "u ?is subsection2 & 7ii7 to provide bus9ess1 f9ancial1 m>ket+1 & cr$it managem5t s]vices to borr[]s4 7,b7 ,requirem5ts ,be=e ent]+ into a contract ) an entity describ$ 9 subp>agraph 7,a71 ! ,secret>y-- 7i7 %all review & approve-- 7,i7 ! loan loss res]ve fund = microloans e/abli%$ by ! entity2 & 7,,ii7 ! und]writ+ /&>ds = microloans ( ! entity2 & 7ii7 e/abli% su* o!r requirem5ts = contract+ ) ! entity z ! ,secret>y det]m9es to be necess>y4 7,c7 ,revolv+ fund ,"u su* conditions z ! ,secret>y may require1 an entity describ$ 9 subp>agraph 7,a7 t ent]s into a contract ) ! ,secret>y "u ?is p>agraph may elect to conv]t ! loan loss res]ve fund = microloans e/abli%$ by ! entity into a revolv+ loan fund to c>ry out ! purposes ( ?is p>agraph4 4 7b7 ,exceptions = direct loans ,section #caa7;c7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aida7;c77 is am5d$ by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 ,exceptions ,9 ?is subsection1 ! t]m direct op]at+ loan %all n include-- 7,a7 a loan made to a y\? "u subsection 7b72 or 7,b7 a microloan made to a "y beg9n+ f>m] or ran*] or a milit>y vet]an f>m] or ran*]1 z def9$ by ! ,secret>y4 4 7c7 ,purposes ( loans ,section #cab7;a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aidb7;a77 is am5d$ 9 ! matt] prec$+ p>agraph 7#a7 by ins]t+ 7includ+ a microloan1 z def9$ by ! ,secret>y7 aft] ,a direct loan4 7d7 ,det]m9ation ( int]e/ rates ,section #caf7;a77#b7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aidf7;a77#b77 is am5d$ 9 ! matt] prec$+ subp>agraph 7,a7 by ins]t+ a microloan to a beg9n+ f>m] or ran*] or milit>y vet]an f>m] or ran*] or aft] ,! int]e/ rate on4 ,c ,adm9i/rative provisions #bba4 ,beg9n+ f>m] & ran*] individual developm5t acc\nts pilot program ,section #ccc;,b ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aihc;b7 is am5d$ by /rik+ subsection 7h7 & ins]t+ ! foll[+3 7h7 ,fund+ ,on ,octob] #a1 #bjac1 & on ea* ,octob] #a !reaft] ?r\gh ,octob] #a1 #bjag1 ( ! funds ( ! ,commodity ,cr$it ,corporation1 ! ,secret>y %all use to c>ry out ?is section #e1jjj1jjj1 to rema9 available until exp5d$4 4 #bbb4 ,transition to private comm]cial or o!r s\rces ( cr$it 7a7 ,conditions = direct loans ,section #caa7;c7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aida7;c77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 subp>agraph 7,a71 by /rik+ ! semicolon at ! end & ins]t+ 2 &2 7,b7 9 subp>agraph 7,b71 by /rik+ 2 or at ! end & ins]t+ a p]iod2 & 7,c7 by /rik+ subp>agraph 7,c72 & 7#b7 by /rik+ p>agraphs 7#c7 & 7#d7 & ins]t+ ! foll[+3 7#c7 ,t]m limits ,subject to p>agraph 7#d71 if a f>m] or ran*] has receiv$ a direct op]at+ loan pursuant to ?is section 9 ea* ( #i consecutive ye>s1 ! f>m] or ran*] may n receive a direct op]at+ loan f ! ,secret>y "u ?is section = ! next ye>4 7#d7 ,waiv]s = f>m & ran* op]ations on tribal l& ,! ,secret>y %all waive ! limitation "u p>agraph 7#c7 = a direct loan made "u ?is subtitle to a f>m] or ran*] ^: f>m or ran* l& is subject to ! jurisdiction ( an ,indian tribe & ^: loan is secur$ by "o or m security in/rum5ts t are subject to ! jurisdiction ( an ,indian tribe if ! ,secret>y det]m9es t comm]cial cr$it is n g5]ally available = ! f>m or ran* op]ations4 4 7b7 ,limitation on p]iod borr[]s are eligible = gu>ante$ assi/ance ,section #cai ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aidi7 is am5d$ by /rik+ subsection 7b7 & ins]t+ ! foll[+3 7b7 ,limitation on p]iod borr[]s are eligible = gu>ante$ assi/ance ,if a borr[] has receiv$ a gu>ante$ loan "u ?is subtitle 9 ea* ( #ae consecutive ye>s1 ! borr[] may n receive a loan gu>ante$ by ! ,secret>y = ! next ye>4 4 #bbc4 ,direct loans = beg9n+ f>m]s & ran*]s ,section #cdf7;b77#b77;,a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiid7;b77#b77;,a77 is am5d$-- 7#a7 9 clause 7i71 by add+ at ! end ! foll[+3 7,,iii7 ,priority ,9 ord] to maximize ! numb] ( borr[]s s]v$ "u ?is clause1 ! ,secret>y-- 7aa7 %all give priority to borr[]s :o apply "u ! d[n paym5t loan program "u section #caj;,e or jo9t f9anc+ arrangem5ts "u section #cjg7;a77#c77;,d72 & 7bb7 may (f] o!r f9anc+ options only if ! ,secret>y det]m9es t d[n paym5t or o!r p>ticipation loan options are n a viable approa* = a p>ticul> borr[]4 2 & 7#b7 9 clause 7ii77,,iii71 by /rik+ ea* ( fiscal ye>s #bjjh ?r\gh #bjab & ins]t+ fiscal ye> #bjjh & ea* fiscal ye> !reaft]4 ,,iii ,rural developm5t #cja4 ,value-add$ produc] grants ,section #bca7;b7 ( ! ,agricultural ,risk ,protection ,act ( #bjjj 7#g ,u4,s4,c4 #afcb;a7b77 is am5d$-- 7#a7 by /rik+ p>agraph 7#f7 & ins]t+ ! foll[+3 7#f7 ,priority ,9 aw>d+ grants "u ?is subsection1 ! ,secret>y %all-- 7,a7 9 ! case ( grants aw>d$ "u p>agraph 7#a77;,a71 give priority to-- 7i7 op]ators ( small- & m$ium-siz$ f>ms & ran*es t are /ructur$ z family f>ms2 or 7ii7 beg9n+ f>m]s or ran*]s or socially disadvantag$ f>m]s or ran*]s2 & 7,b7 9 ! case ( grants aw>d$ "u p>agraph 7#a77;,b71 give priority to projects t1 z det]m9$ ?r\gh pe] review1 be/ contribute-- 7i7 to increas+ opportunities = op]ators ( small- & m$ium-siz$ f>ms & ran*es t are /ructur$ z family f>ms2 or 7ii7 to creat+ opportunities = beg9n+ f>m]s & ran*]s or socially disadvantag$ f>m]s & ran*]s4 2 & 7#b7 be r$esignat+ p>agraph 7#g7 z p>agraph 7#h72 7#c7 by ins]t+ aft] p>agraph 7#f7 ! foll[+3 7#g7 ,outrea* & te*nical assi/ance ,! ,secret>y %all develop & implem5t an outrea* & te*nical assi/ance /rategy to assi/ recipi5ts ( a grant "u ?is subsection rea* & s]ve und]s]v$ ,/ates & communities 7z det]m9$ by ! ,secret>y74 2 & 7#d7 9 p>agraph 7#h7 7z r$esignat$ by p>agraph 7#c77-- 7,a7 9 subp>agraph 7,a7-- 7i7 by /rik+ ,octob] #a1 #bjjh & ins]t+ ,octob] #a1 #bjab1 & ea* ,octob] #a !reaft] ?r\gh ,octob] #a1 #bjag2 & 7ii7 by /rik+ #ae1jjj1jjj & ins]t+ #cj1jjj1jjj2 7,b7 9 subp>agraph 7,b71 by /rik+ #bjab & ins]t+ #bjah2 & 7,c7 by /rik+ subp>agraph 7,c7 & ins]t+ ! foll[+3 7,c7 ,priority fund+ 7i7 ,9 g5]al ,9 accordance ) clause 7ii71 ! ,secret>y %all1 to ! maximum ext5t practicable1 res]ve n less ?an #b_/c ( ! am\nts made available = ea* fiscal ye> "u ?is p>agraph to aw>d grants ) respect to :i* priority is giv5 "u p>agraph 7#f74 7ii7 ,res]vation ( funds 7,i7 ,9 g5]al ,( ! am\nts res]v$ "u clause 7i7 = ea* fiscal ye>1 ! ,secret>y %all res]ve a total ( #aj p]c5t to aw>d grants to recipi5ts describ$ 9 subp>agraphs 7,a77ii7 & 7,b77ii7 ( p>agraph 7#f74 7,,ii7 ,mid-ti] value *a9s ,( ! total am\nt ( funds made available = ea* fiscal ye> "u ?is p>agraph1 ! ,secret>y %all res]ve #aj p]c5t to fund applications ( eligible recipi5ts describ$ 9 p>agraph 7#a7 t propose to develop mid-ti] value *a9s4 7,,iii7 ,unobligat$ am\nts ,any am\nts res]v$ = a fiscal ye> "u subclause 7,i7 or 7,,ii7 t are n obligat$ by ! date on :i* ! ,secret>y completes ! review process = applications submitt$ "u ?is section 9 t fiscal ye> %all be available to ! ,secret>y to make grants "u ?is subsection to eligible recipi5ts 9 any ,/ate1 z det]m9$ by ! ,secret>y4 4 ,,iv ,rese>*1 education1 & ext5sion #dja4 ,beg9n+ f>m] & ran*] developm5t program ,section #gdje ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #ccai;f7 is am5d$-- 7#a7 9 subsection 7c7-- 7,a7 9 p>agraph 7#a71 by /rik+ subp>agraphs 7,a7 ?r\gh 7,r7 & ins]t+ ! foll[+2 7,a7 basic live/ock1 =e/ managem5t1 & crop f>m+ practices2 7,b7 innovative f>m1 ran*1 & private non9du/rial =e/ l& transf] /rategies2 7,c7 entrepr5eur%ip & bus9ess tra9+2 7,d7 f9ancial & risk managem5t tra9+ 7includ+ ! acquisition & managem5t ( agricultural cr$it72 7,e7 natural res\rce managem5t & cons]vation plann+2 7,f7 div]sification & m>ket+ /rategies2 7,g7 curriculum developm5t2 7,h7 m5tor+1 appr5tice%ips1 & int]n%ips2 7,i7 assi/+ beg9n+ f>m]s or ran*]s 9 acquir+ l& f retir+ f>m]s & ran*]s2 7,j7 food safety tra9+2 7,k7 agricultural rehabilitation & vocational tra9+ = vet]ans2 & 7,l7 o!r simil> subject areas ( use to beg9n+ f>m]s or ran*]s4 2 7,b7 9 p>agraph 7#d7-- 7i7 by /rik+ ,to be eligible & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 to be eligible 2 & 7ii7 by add+ at ! end ! foll[+3 7,b7 ,exceptions ,! ,secret>y may waive or modify ! mat*+ requirem5t 9 subp>agraph 7,a7 if ! ,secret>y det]m9es a waiv] or modification is necess>y to effectively rea* an und]s]v$ area or population4 2 7,c7 9 p>agraph 7#h7-- 7i7 9 subp>agraph 7,b71 by /rik+ & aft] ! semicolon at ! end2 7ii7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iii7 by add+ at ! end ! foll[+3 7,d7 milit>y vet]an beg9n+ f>m]s & ran*]s4 2 & 7,d7 by add+ at ! end ! foll[+3 7#aa7 ,indirect co/s ,to help facilitate p>ticipation 9 ! program "u ?is subsection by nongov]nm5tal & community-bas$ nonpr(it organizations1 ! ,secret>y %all provide = an optional #aj p]c5t indirect co/ option 9 lieu ( a high] negotiat$ rate4 2 & 7#b7 9 subsection 7h7-- 7,a7 9 p>agraph 7#a7-- 7i7 9 ! p>agraph head+1 by /rik+ = fiscal ye>s #bjji ?r\gh #bjab2 & 7ii7 by /rik+ section-- & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ section #bj1jjj1jjj = ea* ( fiscal ye>s #bjad ?r\gh #bjah42 7,b7 9 p>agraph 7#b7-- 7i7 9 ! p>agraph head+1 by /rik+ = fiscal ye>s #bjji ?r\gh #bjab2 & 7ii7 by /rik+ #bjjh ?r\gh #bjab & ins]t+ #bjac ?r\gh #bjah2 & 7,c7 by /rik+ p>agraph 7#c74 #djb4 ,agriculture & ,food ,rese>* ,initiative ,subsection 7b7 ( ! ,competitive1 ,special1 & ,facilities ,rese>* ,grant ,act 7#g ,u4,s4,c4 #dej;i7b77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ food & agricultural sci5ces & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ ! foll[+3 food & agricultural sci5ces 7z def9$ 9 section #adjd ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cajc77-- 7,a7 9 ! case ( grant made "u p>agraph 7#f71 to an entity describ$ 9 subp>agraphs 7,a71 7,b71 7,c71 or 7,d7 ( t p>agraph2 & 7,b7 9 ! case ( any o!r grant made "u ?is subsection1 to any eligible entity describ$ 9 p>agraph 7#g71 includ+ a grant made =-- 7i7 fundam5tal rese>* 7z def9$ 9 section #bea7;f77#a7 ( ! ,dep>tm5t ( ,agriculture ,reorganization ,act ( #aiid 7#g ,u4,s4,c4 #figa7;f77#a7772 7ii7 appli$ rese>* 7z def9$ 9 t section72 7iii7 integrat$ rese>* conduct$ pursuant to section #djf ( ! ,agricultural ,rese>*1 ,ext5sion1 & ,education ,re=m ,act ( #aiih 7#g ,u4,s4,c4 #gfbf72 or 7iv7 integrat$ rese>* describ$ 9 clause 7iii7 t is appli$ or fundam5tal rese>*4 2 7#b7 9 p>agraph 7#b77;,f7-- 7,a7 by r$esignat+ clauses 7iii7 ?r\gh 7vi7 z clauses 7iv7 ?r\gh 7vii71 respectively2 & 7,b7 by ins]t+ aft] clause 7ii7 ! foll[+3 7iii7 new f>m+ opportunities1 includ+ "y1 beg9n+1 socially disadvantag$1 & immigrant issues & f>m transition1 f>m transf]1 f>m entry1 & beg9n+ f>m] pr(itability issues2 2 7#c7 9 p>agraph 7#g71 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ projects 7includ+ integrat$ projects7 aft] education2 & 7#d7 9 p>agraph 7#aa77;,a71 9 ! matt] prec$+ clause 7i71 by /rik+ #bjjh ?r\gh #bjab & ins]t+ #bjac ?r\gh #bjah4 ,v ,crop insurance #eja4 ,risk managem5t p>tn]%ip programs ,section #ebb7;d7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;d77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ priority giv5 to risk & ins]t+ 8priority giv5 to-- 7,a7 risk 2 7,b7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,b7 und]s]v$ produc]s1 includ+ beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s4 2 7#b7 9 p>agraph 7#b7-- 7,a7 by /rik+ options = produc]s & ins]t+ 8options =-- 7,a7 produc]s 2 7,b7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,b7 und]s]v$ produc]s1 includ+ beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s4 2 & 7#c7 by add+ at ! end ! foll[+3 7#d7 ,requirem5ts ,9 c>ry+ out ! programs e/abli%$ "u p>agraphs 7#b7 & 7#c71 ! ,secret>y %all place special emphasis on risk managem5t te*niques1 tools1 & programs t are specifically t>get$ at-- 7,a7 beg9n+ f>m]s or ran*]s2 7,b7 legal immigrant f>m]s or ran*]s t are attempt+ to become e/abli%$ agricultural produc]s 9 ! ,unit$ ,/ates2 7,c7 socially disadvantag$ f>m]s or ran*]s2 7,d7 f>m]s or ran*]s t-- 7i7 are prep>+ to retire2 & 7ii7 are us+ transition /rategies to help new f>m]s or ran*]s get />t$2 & 7,e7 new or e/abli%$ f>m]s or ran*]s t are conv]t+ production & m>ket+ sy/ems to pursue new m>kets4 4 ,,vi ,miscellane\s #fja4 ,milit>y ,vet]ans ,agricultural ,liaison 7a7 ,9 g5]al ,subtitle ,a ( ! ,dep>tm5t ( ,agriculture ,reorganization ,act ( #aiid is am5d$ by ins]t+ aft] section #bah 7#g ,u4,s4,c4 #fiah7 ! foll[+3 #bai4 ,milit>y ,vet]ans ,agricultural ,liaison 7a7 ,au?orization ,! ,secret>y %all e/abli% 9 ! ,dep>tm5t ! position ( ,milit>y ,vet]ans ,agricultural ,liaison4 7b7 ,duties ,! ,milit>y ,vet]ans ,agricultural ,liaison %all-- 7#a7 provide in=mation to return+ vet]ans ab\t1 & connect return+ vet]ans )1 beg9n+ f>m] tra9+ & agricultural vocational & rehabilitation programs appropriate to ! ne$s & int]e/s ( return+ vet]ans1 includ+ assi/+ vet]ans 9 us+ ,f$]al vet]ans educational b5efits = purposes relat+ to beg9n+ a f>m+ or ran*+ c>e]2 7#b7 provide in=mation to vet]ans conc]n+ ! availability ( & eligibility requirem5ts = p>ticipation 9 agricultural programs1 ) p>ticul> emphasis on beg9n+ f>m] & ran*] programs2 7#c7 s]v+ z a res\rce = assi/+ vet]an f>m]s & ran*]s1 & pot5tial f>m]s & ran*]s1 9 apply+ = p>ticipation 9 agricultural programs2 & 7#d7 advocat+ on behalf ( vet]ans 9 int]actions ) employees ( ! ,dep>tm5t4 4 7b7 ,con=m+ am5dm5ts ,section #bif7;b7 ( ! ,dep>tm5t ( ,agriculture ,reorganization ,act ( #aiid 7#g ,u4,s4,c4 #gjad7;b77 is am5d$-- 7#a7 9 p>agraph 7#f71 by /rik+ or aft] ! semicolon at ! end2 7#b7 9 p>agraph 7#g71 by /rik+ ! p]iod at ! end & ins]t+ 2 or2 & 7#c7 by add+ at ! end ! foll[+3 7#h7 ! au?ority ( ! ,secret>y to e/abli% 9 ! ,dep>tm5t ! position ( ,milit>y ,vet]ans ,agricultural ,liaison 9 accordance ) section #bai4 4 #fjb4 ,budget>y effects ,! budget>y effects ( ?is ,act1 = ! purpose ( comply+ ) ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj1 %all be det]m9$ by ref]5ce to ! late/ /atem5t titl$ ,budget>y ,effects ( ,,paygo ,legislation = ?is ,act1 submitt$ = pr9t+ 9 ! ,congressional ,record by ! ,*airman ( ! ,s5ate ,budget ,committee1 provid$ t su* /atem5t has be5 submitt$ prior to ! vote on passage4 #fjc4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act take effect on ,octob] #a1 #bjac4