Unified Agenda


FARM CREDIT ADMINISTRATION (FCA)


FARM CREDIT ADMINISTRATION

12 CFR Ch. VI

Unified Agenda of Federal Regulatory and Deregulatory Actions

AGENCY:

Farm Credit Administration.

ACTION:

Semiannual regulatory agenda.

SUMMARY:

The Farm Credit Administration (FCA), as an independent regulatory agency, in compliance with Executive Order 12866, sets forth the following agenda of regulations, which it will have under development and review during the period of April 2002 through October 2002.

FOR FURTHER INFORMATION CONTACT:

Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, Virginia 22102, (703) 883-4498, TDD (703) 883-4444.

SUPPLEMENTARY INFORMATION:

The Regulatory Flexibility Act (5 U.S.C. 601 et seq.) contains several provisions intended to reduce unnecessary and disproportionate regulatory requirements on small entities. FCA regulations, which apply to Farm Credit banks and associations, generally do not and will not have a substantial impact on "small entities" as that term is defined in the Regulatory Flexibility Act.

The FCA, as an independent regulatory agency, is exempt from certain provisions of Executive Order 12866. It participates in this joint publication to further the public interest by including the FCA in a single source of information concerning current and projected rulemaking and reviews of existing regulations, pursuant to section 4 of Executive Order 12866.

Dated:

March 15, 2002.

Kelly Mikel Williams, Secretary, Farm Credit Administration Board.

Farm Credit Administration—Proposed Rule Stage
Sequence Number Title Regulation Identification Number
3666 Loan Policies and Operations (Distressed Loan Restructuring)3052-AB69
3667 Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Investments in Rural America)3052-AB92
3668 Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and Operations and Funding Operations (OFIs—Lending)3052-AB96
3669 Loan Policies and Operations (Effective Interest Rate Disclosure)3052-AC04
3670 Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Capital Adequacy)3052-AC05
3671 Eligibility and Scope of Financing; Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations; General Provisions (Credit and Related Services)3052-AC06

Farm Credit Administration—Final Rule Stage
Sequence Number Title Regulation Identification Number
3672 Organization (Reorganization Authorities for System Institutions)3052-AB86
3673 Electronic Commerce; Disclosure to Shareholders (E-Commerce)3052-AC02

Farm Credit Administration—Long-Term Actions
Sequence Number Title Regulation Identification Number
3674 Organization and Functions (FCA Organization)3052-AB82

Farm Credit Administration—Completed Actions
Sequence Number Title Regulation Identification Number
3675 Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations (Loan Purchases and Sales)3052-AB93
3676 Loan Policies and Operations (Loans to Designated Parties)3052-AB98


Farm Credit Administration (FCA)

Proposed Rule Stage

 


3666. LOAN POLICIES AND OPERATIONS (DISTRESSED LOAN RESTRUCTURING)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2011; 12 USC 2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121; 12 USC 2013 to 2015; 12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 614

Legal Deadline:

None

Abstract:

This rulemaking would clarify the borrower rights regulations and remove unnecessary burden.

Timetable:
Action Date FR Cite
NPRM 09/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Mark L. Johansen, Policy Analyst, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: johansenm@fca.gov

RIN:

3052-AB69

3667. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS (INVESTMENTS IN RURAL AMERICA)

Agency:

Farm Credit Administration (FCA)

Priority:

Other Significant

Legal Authority:

12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 2073 to 2076; 12 USC 2093; 12 USC 2122; 12 USC 2128; 12 USC 2132; 12 USC 2146; 12 USC 2154; 12 USC 2154a; 12 USC 2160; 12 USC 2202b; 12 USC 2211; 12 USC 2243; 12 USC 2252; 12 USC 2278b; 12 USC 2278b-6; 12 USC 2279aa; 12 USC 2279aa-3; 12 USC 2279aa-4; 12 USC 2279aa-6 to 2279aa-8; 12 USC 2279aa-10; 12 USC 2279aa-12

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 615

Legal Deadline:

None

Abstract:

This regulation develops safety and soundness standards and other criteria for investments in rural America.

Timetable:
Action Date FR Cite
NPRM 11/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Laurie A. Rea, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: real@fca.gov

RIN:

3052-AB92

3668. LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS AND FUNDING OPERATIONS (OFIS—LENDING)

Agency:

Farm Credit Administration (FCA)

Priority:

Other Significant

Legal Authority:

12 USC 2011; 12 USC 2013 to 2015; 12 USC 2017 to 2020; 12 USC 2071; 12 USC 2073 to 2076; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2097; 12 USC 2121; 12 USC 2122; 12 USC 2124; 12 USC 2128; 12 USC 2129; 12 USC 2131; 12 USC 2132; 12 USC 2141; 12 USC 2146; 12 USC 2149; 12 USC 2154; 12 USC 2154a; 12 USC 2160; 12 USC 2183; 12 USC 2184; 12 USC 2199; ...

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 614; 12 CFR 615

Legal Deadline:

None

Abstract:

The regulation would remove impediments for System funding of other financing institutions (OFIs).

Timetable:
Action Date FR Cite
ANPRM 04/20/00 65 FR 21151
ANPRM Comment Period End 06/19/00
Comment Period Extended 06/26/00 65 FR 39319
Public Meeting 07/05/01 66 FR 35428
Public Meeting 07/19/01 66 FR 37681
NPRM 07/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Dennis K. Carpenter, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: carpenterd@fca.gov

RIN:

3052-AB96

3669. LOAN POLICIES AND OPERATIONS (EFFECTIVE INTEREST RATE DISCLOSURE)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2011; 12 USC 2075; 12 USC 2091; 12 USC 2093; 12 USC 2094; 12 USC 2096; 12 USC 2121; 12 USC 2013 to 2015; 12 USC 2017; 12 USC 2018; 12 USC 2071; 12 USC 2073; 12 USC 2074; ...

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 614

Legal Deadline:

None

Abstract:

This rulemaking would clarify and provide guidance for implementing the effective interest rate disclosure requirements of the statute.

Timetable:
Action Date FR Cite
NPRM 01/00/03

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Tong-Ching Chang, Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498

RIN:

3052-AC04

3670. FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS (CAPITAL ADEQUACY)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2013; 12 USC 2015; 12 USC 2018 to 2020; 12 USC 2073 to 2076; 12 USC 2093; 12 USC 2122; 12 USC 2128; 12 USC 2132; 12 USC 2146; 12 USC 2154; 12 USC 2154a; 12 USC 2160; 12 USC 2202b; 12 USC 2211; 12 USC 2243; 12 USC 2252; 12 USC 2278b; 12 USC 2278b-6; ...

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 615

Legal Deadline:

None

Abstract:

This rulemaking would amend the capital regulations to address various issues (including FASB 133).

Timetable:
Action Date FR Cite
NPRM 10/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Laurie A. Rea, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: real@fca.gov

RIN:

3052-AC05

3671. ELIGIBILITY AND SCOPE OF FINANCING; LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS; GENERAL PROVISIONS (CREDIT AND RELATED SERVICES)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2013; 12 USC 2015; 12 USC 2017 to 2019; 12 USC 2073; 12 USC 2075; 12 USC 2093; 12 USC 2122; 12 USC 2128; 12 USC 2129; 12 USC 2143; 12 USC 2206a; 12 USC 2211 to 2213; 12 USC 2243; 12 USC 2252

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 613 to 615; 12 CFR 618

Legal Deadline:

None

Abstract:

This rulemaking would amend various regulations to incorporate interpretive guidance and remove unnecessary burden.

Timetable:
Action Date FR Cite
NPRM 12/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Dennis K. Carpenter, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: carpenterd@fca.gov

RIN:

3052-AC06


Farm Credit Administration (FCA)

Final Rule Stage

 


3672. ORGANIZATION (REORGANIZATION AUTHORITIES FOR SYSTEM INSTITUTIONS)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2011; 12 USC 2243; 12 USC 2244; 12 USC 2252; 12 USC 2279a to 2279f-1; 12 USC 2279aa5(e); 12 USC 2021; 12 USC 2071; 12 USC 2091; 12 USC 2121; 12 USC 2142; 12 USC 2183; 12 USC 2203; 12 USC 2209

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 611; 12 CFR 614

Legal Deadline:

None

Abstract:

This rulemaking would establish regulations under which a bank or large association within the System can terminate its charter as provided by the Act.

Timetable:
Action Date FR Cite
NPRM 11/05/99 64 FR 60370
NPRM Comment Period End 02/03/00
Supplemental NPRM 02/03/00 65 FR 5286
Comment Period End 03/06/00
Second NPRM 08/20/01 66 FR 43536
Second NPRM Comment Period End 10/19/01
Final Rule 04/12/02 67 FR 17907

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulation and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Alan Markowitz, Senior Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: markowitza@fca.gov

RIN:

3052-AB86

3673. ELECTRONIC COMMERCE; DISCLOSURE TO SHAREHOLDERS (E-COMMERCE)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 2243; 5 USC 301; 12 USC 2252; 12 USC 2254; 12 USC 2279aa-11

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 609; 12 CFR 620

Legal Deadline:

None

Abstract:

This regulation would amend existing and adopt new regulations to enhance electronic commerce in the Farm Credit System.

Timetable:
Action Date FR Cite
NPRM 10/22/01 66 FR 53348
NPRM Comment Period End 11/21/01
Final Rule 04/08/02 67 FR 16627

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Additional Information:

FEDERAL REGISTER LIAISON: Cindy R. Nicholson, Technical Editor, Regulations and Policy Division, Office of Policy and Analysis, 703-883-4498, nicholsonc@fca.gov
AGENCY WEBSITE: www.fca.gov
PUBLIC AFFAIRS: info-line@fca.gov
REGULATION COMMENTS: reg-comm@fca.gov

Agency Contact:

Dale L. Aultman, Policy Analyst, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: aultmand@fca.gov

RIN:

3052-AC02


Farm Credit Administration (FCA)

Long-Term Actions

 


3674. ORGANIZATION AND FUNCTIONS (FCA ORGANIZATION)

Agency:

Farm Credit Administration (FCA)

Priority:

Info./Admin./Other

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 600

Timetable:
Action Date FR Cite
Final Rule To Be Determined

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Robert Edward Donnelly
Phone: 703 883-4450
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: donnellyr@fca.gov

RIN:

3052-AB82


Farm Credit Administration (FCA)

Completed Actions

 


3675. LOAN POLICIES AND OPERATIONS; FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS (LOAN PURCHASES AND SALES)

Agency:

Farm Credit Administration (FCA)

Priority:

Other Significant

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 614; 12 CFR 615

Completed:
Reason Date FR Cite
Final Rule 01/10/02 67 FR 1281
Final Rule Effective 03/04/02 67 FR 9581

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Dennis K. Carpenter
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: carpenterd@fca.gov
Mark L. Johansen
Phone: 703 883-4498
TDD Phone: 703 883-4444
Fax: 703 734-5784
Email: johansenm@fca.gov

RIN:

3052-AB93

3676. LOAN POLICIES AND OPERATIONS (LOANS TO DESIGNATED PARTIES)

Agency:

Farm Credit Administration (FCA)

Priority:

Substantive, Nonsignificant

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 614

Completed:
Reason Date FR Cite
Second NPRM Comment Period End 10/18/01
Withdrawn 03/12/02

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Tong-Ching Chang
Phone: 703 883-4498

RIN:

3052-AB98