About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GAO-09-892R 1 (2009-07-21)

handle is hein.gao/gaobadwxq0001 and id is 1 raw text is: I im TM WAccountability * Integrity * Reliability United States Government Accountability Office Washington, DC 20548 B-318412 July 21, 2009 The Honorable Tom Harkin Chairman The Honorable Saxby Chambliss Ranking Minority Member Committee on Agriculture, Nutrition, and Forestry United States Senate The Honorable Collin C. Peterson Chairman The Honorable Frank D. Lucas Ranking Minority Member Committee on Agriculture House of Representatives Subject: Department ofAgriculture, Commodity Credit Coiporation: Marketing Assistance Loans and Loan Deficiency Payments Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Agriculture, Commodity Credit Corporation (CCC), entitled Marketing Assistance Loans and Loan Deficiency Payments (RIN: 0560-AH87). It was published in the Federal Register as a final rule on April 7, 2009, with a stated effective date of April 6, 2009. 74 Fed. Reg. 15,644. It was received by the Senate on April 9, 2009 and by the House of Representatives on April 24, 2009. 155 Cong. Rec. S4441 (April 20, 2009); 155 Cong. Rec. H5166 (May 5, 2009). As of July 20, 2009, it has not been received by GAO. The final rule revises the regulations governing the Marketing Assistance Loans (MAL) and Loan Deficiency Payments (LDP) programs for wheat, feed grains soybeans, other oilseeds, peanuts, pulse crops, honey, wool, and mohair. CCC is making these amendments to comply with the Food, Conservation, and Energy Act of 2008 (2008 Farm Bill). Pub. L. No. 110-246, 122 Stat. 1651 (June 18, 2008). The 2008 Farm Bill extended the MAL and LDP programs through 2012 with some changes, which are implemented in this rule. Among the changes implemented is adding large chickpeas to the list of pulse crops eligible for assistance beginning in crop year 2009. This rule also provides separate rates for long and medium grain rice beginning in crop year 2008. Additionally, the rule allows producers to store collateral in warehouses without a CCC storage agreement if the warehouses are licensed by the federal government or a state. GAO-09-892R

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most