Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (Us Commodity Credit Corporation Regulation) (CCC) (2018 Edition)

Download or read book Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (Us Commodity Credit Corporation Regulation) (CCC) (2018 Edition) written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-06-11 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition) The Law Library presents the complete text of the Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition). Updated as of May 29, 2018 The Commodity Credit Corporation (CCC) is amending the Farm Storage Facility Loan (FSFL) and Sugar Storage Facility Loan (SSFL) regulations to implement provisions of the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill). The 2008 Farm Bill adds hay and renewable biomass as eligible FSFL commodities, extends the maximum loan term to 12 years, and increases the maximum loan amount to $500,000. This rule also adds fruits and vegetables (including nuts) as eligible facility loan commodities and adds cold storage facilities as eligible facilities pursuant to discretionary authority in the 2008 Farm Bill. This rule amends the regulations to clarify requirements for loan security and to allow for a partial loan disbursement during construction if certain conditions are met. This rule amends the FSFL program regulations, which include SSFLs; however, there are no changes to the specific requirements for SSFLs. This book contains: - The complete text of the Farm Storage Facility Loan and Sugar Storage Facility Loan Programs (US Commodity Credit Corporation Regulation) (CCC) (2018 Edition) - A table of contents with the page number of each section