§ 1924. — Soil and water conservation and protection.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1924]
TITLE 7--AGRICULTURE
CHAPTER 50--AGRICULTURAL CREDIT
SUBCHAPTER I--REAL ESTATE LOANS
Sec. 1924. Soil and water conservation and protection
(a) In general
Loans may also be made or insured under this subchapter for soil and
water conservation and protection. Such loans may be made to farm owners
or tenants who are eligible borrowers under this subchapter for--
(1) the installation of conservation structures, including
terraces, sod waterways, permanently vegetated stream borders and
filter strips, windbreaks (tree or grass), shelterbelts, and living
snow fences;
(2) the establishment of forest cover for sustained yield timber
management, erosion control, or shelterbelt purposes;
(3) the establishment or improvement of permanent pasture;
(4) the conversion to and maintenance of sustainable
agricultural production systems, as described by Department
technical guides and handbooks;
(5) the payment of costs of complying with section 3812 of title
16; and
(6) other purposes consistent with plans for soil and water
conservation, integrated farm management, water quality protection
and enhancement, and wildlife habitat improvement.
(b) Priority
In making or guaranteeing loans under this subsection,\1\ the
Secretary shall give priority to producers who use such loans to build
conservation structures or establish conservation practices to comply
with section 3812 of title 16.
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\1\ So in original. Probably should be ``this section,''.
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(c) Loan maximum
The Secretary shall not make or insure a loan under this section
that exceeds the lesser of--
(1) the value of the farm or other security for such loan; or
(2) $50,000.
(Pub. L. 87-128, title III, Sec. 304, Aug. 8, 1961, 75 Stat. 308; Pub.
L. 90-488, Sec. 2, Aug. 15, 1968, 82 Stat. 770; Pub. L. 92-419, title I,
Sec. 102, Aug. 30, 1972, 86 Stat. 657; Pub. L. 95-334, title I,
Sec. 102, Aug. 4, 1978, 92 Stat. 421; Pub. L. 101-624, title XVIII,
Sec. 1802(a), Nov. 28, 1990, 104 Stat. 3817; Pub. L. 102-237, title V,
Sec. 501(a), Dec. 13, 1991, 105 Stat. 1865; Pub. L. 104-127, title VI,
Sec. 603, Apr. 4, 1996, 110 Stat. 1085.)
Amendments
1996--Pub. L. 104-127, Sec. 603(2), inserted section catchline.
Subsec. (a). Pub. L. 104-127, Sec. 603(2), (5), redesignated subsec.
(a)(1) as (a), inserted heading, and redesignated subpars. (A) to (F) as
pars. (1) to (6), respectively. Former pars. (2) and (3) redesignated
subsecs. (b) and (c), respectively.
Subsec. (b). Pub. L. 104-127, Sec. 603(1), (3), redesignated subsec.
(a)(2) as (b), inserted heading, substituted ``guaranteeing loans'' for
``insuring loans'', and struck out former subsec. (b) which read as
follows: ``Loans may also be made or insured under this subchapter to
residents of rural areas without regard to the requirements of clauses
(2) and (3) of section 1922 of this title to acquire or establish in
rural areas small business enterprises to provide such residents with
essential income.''
Subsec. (c). Pub. L. 104-127, Sec. 603(1), (4), (6), redesignated
subsec. (a)(3) as (c), inserted heading, redesignated subpars. (A) and
(B) as pars. (1) and (2), respectively, and struck out former subsec.
(c) which read as follows: ``Loans may also be made or insured under
this subchapter to any farm owners or tenants without regard to the
requirements of clauses (1), (2), and (3) of section 1922 of this title
for the purposes of meeting Federal, State, or local requirements for
agricultural, animal, or poultry waste pollution abatement and control
facilities, including the construction, modification, or relocation of
farm or other structures necessary to comply with such pollution
abatement requirements.''
1991--Subsecs. (a), (d). Pub. L. 102-237 redesignated subsec. (d) as
(a) and moved it to appear before subsec. (b) and struck out former
subsec. (a) which read as follows: ``Loans may also be made or insured
under this subchapter to any farmowners or tenants without regard to the
requirements of section 1922(1), (2), and (3) of this title for the
purposes only of land and water development, use and conservation, not
including recreational uses and facilities, and without regard to the
requirements of section 1922(2) and (3) of this title, to farmowners or
tenants to finance outdoor recreational enterprises or to convert to
recreational uses their farming or ranching operations, including those
heretofore financed under this chapter.''
1990--Subsec. (d). Pub. L. 101-624 added subsec. (d).
1978--Subsec. (a). Pub. L. 95-334, Sec. 102(1), struck out
``individual'' after ``title, to''.
Subsec. (c). Pub. L. 95-334, Sec. 102(2), added subsec. (c).
1972--Pub. L. 92-419 designated existing provisions as subsec. (a)
and struck out item (a) and (b) designations appearing before ``to any
farmowner'' and ``without regard to'', respectively, and added subsec.
(b).
1968--Pub. L. 90-488 designated existing provisions as cl. (a),
excluded recreational uses and facilities, and added cl. (b).
Effective Date of 1991 Amendment
Amendment by Pub. L. 102-237 effective as if included in the
provision of the Food, Agriculture, Conservation, and Trade Act of 1990,
Pub. L. 101-624, to which the amendment relates, see section 1101(b)(3)
of Pub. L. 102-237, set out as a note under section 1421 of this title.
Transfer of Functions
Powers, duties, and assets of agencies, offices, and other entities
within Department of Agriculture relating to rural development functions
transferred to Rural Development Administration by section 2302(b) of
Pub. L. 101-624.
Section Referred to in Other Sections
This section is referred to in sections 917, 1923, 1925, 1934, 1991,
6613 of this title.
