This section of the FEDERAL REGISTER

contains regulatory documents having general

applicability and legal effect, most of which

are keyed to and codified in the Code of

Federal Regulations, which is published under

50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by

the Superintendent of Documents. Prices of

new books are listed in the first FEDERAL

REGISTER issue of each week.

Rules and Regulations Federal Register

64119 

Vol. 72, No. 220 

Thursday, November 15, 2007 

DEPARTMENT OF AGRICULTURE 

Farm Service Agency 

7 CFR Parts 771, 772, 773, and 774 

Rural Business-Cooperative Service 

Rural Housing Service 

Rural Utilities Service 

Farm Service Agency 

7 CFR Parts 1806, 1901, 1910, 1924, 

1925, 1927, 1940, 1941, 1943, 1950, 

1951, 1955, 1956, 1962, and 1965 

RIN 0560–AF60 

Regulatory Streamlining of the Farm 

Service Agency’s Direct Farm Loan 

Programs; Conforming Changes 

AGENCIES: Farm Service Agency, Rural 

Business-Cooperative Service; Rural 

Housing Service; and Rural Utilities 

Service, USDA. 

ACTION: Final rule. 

SUMMARY: This rule removes the Farm 

Service Agency’s direct Farm Loan 

Programs regulations from the Rural 

Development’s mission area loan 

program regulations. In addition, it 

makes conforming changes to FSA’s 

regulations for the boll weevil 

eradication loan program, the servicing 

of minor program loans, the special 

apple loan program, and the emergency 

loan for seed producers program. 

DATES: Effective Date: December 31, 

2007. 

FOR FURTHER INFORMATION CONTACT: 

William D. Cobb, USDA, FSA, DAFLP, 

STOP 0520, 1400 Independence 

Avenue, SW., Washington, DC 20250– 

0520; telephone (202) 720–1059; 

electronic mail: 

bill_cobb@wdc.usda.gov. 

SUPPLEMENTARY INFORMATION: 

Discussion of the Final Rule 

FSA proposed to move the majority of 

its Farm Loan Programs direct loan 

making and servicing rules from 

Chapter XVIII to Chapter VII of the Code 

of Federal Regulations (CFR) in a 

proposed rule it published on February 

9, 2004 (69 FR 6055–6121). Prior to the 

Department of Agriculture 

Reorganization Act of 1994 (1994 Act), 

Chapter XVIII contained the former 

Farmers Home Administration (FmHA) 

program regulations and Chapter VII 

contained the former Agricultural 

Stabilization and Conservation Service 

(ASCS) program regulations. The 1994 

Act abolished both FmHA and ASCS 

and consolidated FmHA’s Farm Loan 

Programs and ASCS programs under the 

newly created FSA, while the remaining 

FmHA programs were transferred to the 

Rural Development mission area 

agencies. With the exceptions listed 

below, this final rule removes from 

Chapter XVIII references to FmHA Farm 

Loan Programs, now operated by FSA. 

As a result of the 1994 Act, some of 

the CFR subparts published by FmHA 

were used by FSA and one or more of 

the Rural Development mission area 

agencies, while others were used 

exclusively by FSA. The Farm Loan 

Programs direct loan making and 

servicing rules were dispersed 

throughout Chapter XVIII, making their 

use difficult for all but the most wellinformed user. Therefore, in a final rule 

published on November 8, 2007 (72 FR 

63241–63361), FSA is moving its Farm 

Loan Programs regulations from Chapter 

XVIII to Chapter VII, and is 

consolidating and reorganizing them in 

a logical manner making them easier to 

use by the general public, applicants 

and borrowers, and FSA. In the 

proposed rule of February 9, 2004, FSA 

stated that when the final rule was 

published, it would remove the Chapter 

XVIII subparts used only by FSA. 

However, as provided in the prefatory 

remarks to the final rule published on 

November 8, 2007, FSA will continue to 

use subpart G of 7 CFR part 1940, 

subpart C of 7 CFR part 1951, and 

subpart B of 7 CFR part 1956 until it 

publishes a final rule revising 7 CFR 799 

for environmental procedures and 7 

CFR part 792 for debt settlement 

policies and procedures. 

Lastly, FSA is amending 7 CFR parts 

771, 772, 773, and 774 to remove CFR 

citations that no longer are valid. 

Executive Order 12866 

This rule has been determined to be 

not significant under Executive Order 

12866 and was not reviewed by OMB. 

Regulatory Flexibility Act 

In compliance with the Regulatory 

Flexibility Act (5 U.S.C. 601–602), the 

undersigned has determined and 

certified by signature of this document 

that this rule will not have a significant 

economic impact on a substantial 

number of small entities. This rule does 

not impose any new requirements on 

FSA applicants and borrowers. In some 

cases, existing information collections 

and regulatory requirements have been 

reduced as a result of streamlining the 

loan making and servicing application 

processes. 

Environmental Assessment 

FSA has completed an Environmental 

Assessment (EA) in accordance with the 

provisions of the National 

Environmental Policy Act of 1969 

(NEPA), 42 U.S.C. 4321–4347, the 

regulations of the Council on 

Environmental Quality (40 CFR parts 

1500–1508) and the FSA regulations for 

compliance with NEPA, 7 CFR part 

1940, subpart G. A finding of no 

significant impact (FONSI) was 

determined as a result of the EA 

process. The final EA and FONSI are 

available for review at http:// 

www.fsa.usda.gov/FSA/webapp?

area=home&subject=ecrc&topic=enl-ea. 

FSA will accept comments on the final 

EA and FONSI for a period of 30 days 

from the date of publication of this rule. 

Executive Order 13132 

The policies contained in this rule do 

not have a substantial direct effect on 

the States, on the relationship between 

the national government and the States, 

or on the distribution of power and 

responsibilities among the various 

levels of government. Nor does this final 

rule impose substantial direct 

compliance costs on state and local 

governments. Therefore, consultation 

with the States is not required. 

Executive Order 12988 

This final rule has been reviewed in 

accordance with Executive Order 12988, 

Civil Justice Reform. In accordance with 

this Executive Order: (1) All state and 

local laws and regulations that are in 

conflict with this rule will be 


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preempted; (2) no retroactive effect will 

be given to this rule; and (3) 

administrative proceedings in 

accordance with 7 CFR parts 11 and 780 

must be exhausted before bringing suit 

in court challenging action taken under 

this rule unless those regulations 

specifically allow bringing suit at an 

earlier time. 

Executive Order 12372 

For reasons contained in the Notice 

regarding 7 CFR part 3015, subpart V 

(48 FR 29115, June 24, 1983), the 

programs within this rule are excluded 

from the scope of E.O. 12372, which 

requires intergovernmental consultation 

with State and local officials. 

Unfunded Mandates 

Title II of the Unfunded Mandates 

Reform Act of 1995 (UMRA), Public 

Law 104–4, requires Federal agencies to 

assess the effects of their regulatory 

actions on state, local, and tribal 

governments or the private sector of 

$100 million or more in any 1 year. 

When such a statement is needed for a 

rule, section 205 of the UMRA requires 

FSA to prepare a written statement, 

including a cost benefit assessment, for 

proposed and final rules with ‘‘Federal 

mandates’’ that may result in such 

expenditures for state, local, or tribal 

governments, in the aggregate, or to the 

private sector. UMRA generally requires 

agencies to consider alternatives and 

adopt the more cost effective or least 

burdensome alternative that achieves 

the objectives of the rule. 

This rule contains no Federal 

mandates, as defined under Title II of 

the UMRA, for state, local, and tribal 

governments or the private sector. Thus, 

this rule is not subject to the 

requirements of sections 202 and 205 of 

UMRA. 

Paperwork Reduction Act 

The amendments to 7 CFR 1806, 

1901, 1924, 1925, 1927, 1951, and 1955 

contained in this final rule have been 

approved by OMB under control 

numbers 0575–0042, 0575–0075, 0575–

0087, 0575–0088, 0575–0093, 0575–

0147, 0575–0158, and 0575–0172. In 

accordance with 5 CFR 1320, FSA 

submitted to OMB correction 

worksheets to transfer applicable 

information collections to FSA-assigned 

OMB control numbers. 

E-Government Act Compliance 

FSA is committed to complying with 

the E-Government Act, to promote the 

use of the Internet and other 

information technologies to provide 

increased opportunities for citizen 

access to Government information and 

services, and for other purposes. 

FSA has posted on the e-Gov Web site 

at http://www.sc.egov.usda.gov all the 

forms an applicant or borrower has to 

complete in their entirety, or review and 

execute. Further, FSA has made 

available its handbooks at http:// 

www.fsa.usda.gov/FSA/webapp?area=

home&subject=lare&topic=hbk. 

Applicants or borrowers may download 

and review any agency handbook 

through the ‘‘Laws and Regulations’’

link, and become familiar with the 

requirements for applying for benefits. 

Federal Assistance Programs 

These changes affect the following 

FSA programs as listed in the Catalog of 

Federal Domestic Assistance: 

10.404—Emergency Loans 

10.406—Farm Operating Loans 

10.407—Farm Ownership Loans 

List of Subjects 

7 CFR Part 771 

Loan programs—agriculture, 

Pesticides and pests, Cotton. 

7 CFR Part 772 

Agriculture, Credit, Rural areas. 

7 CFR Part 773 

Fruits, Loan programs—agriculture. 

7 CFR Part 774 

Seeds, Loan programs—agriculture. 

7 CFR Part 1806 

Buildings, Community development, 

Disaster assistance, Flood plains, 

Housing, Loan programs—Housing and 

Community Development, Insurance, 

Loan programs—Agriculture, Real 

property insurance, Rural areas. 

7 CFR Part 1901 

Finance, Historic preservation, Loan 

Programs—Agriculture, Loan 

programs—Housing and community 

development, Natural resources, Rural 

areas. 

7 CFR Part 1910 

Administrative practice and 

procedures, Applications, Credit, 

Government contracts, Loan programs—

Agriculture, Loan programs—Housing 

and community development, Low and 

moderate income housing, Marital 

status discrimination, Reporting 

requirements, Sex discrimination. 

7 CFR Part 1924 

Agriculture, Construction 

management, Construction and repair, 

Energy conservation, Housing, Loan 

programs—Agriculture, Loan 

programs—Housing and community 

development, Low and moderate 

income housing. 

7 CFR Part 1925 

Real property taxes, Taxes. 

7 CFR Part 1927 

Loan programs—Agriculture, Loan 

programs—Housing and community 

development, Mortgages. 

7 CFR Part 1940 

Administrative practice and 

procedure, Agriculture, Allocations, 

Grant programs—Housing and 

community development, Loan 

programs—Agriculture, Rural areas. 

7 CFR Parts 1941 and 1943 

Applicant eligibility, Beginning 

farmers and ranchers, Loan programs—

agriculture. 

7 CFR Part 1950 

Accounting, Loan programs—

Agriculture, Military personnel. 

7 CFR Part 1951 

Accounting, Account servicing, 

Credit, Debt restructuring, Foreclosure, 

Government acquired property, Loan 

programs—Agriculture, Loan 

programs—Housing and community 

development, Low and moderate 

income housing loans—Servicing, 

Mortgages, Rural areas, Sale of 

government acquired property, Surplus 

government property. 

7 CFR Part 1955 

Foreclosure, Government acquired 

property, Government property 

management, Sale of government 

acquired property, Surplus government 

property. 

7 CFR Part 1956 

Accounting, Loan programs—

Agriculture, Rural areas. 

7 CFR Part 1962 

Crops, Government property, 

Livestock, Loan programs—Agriculture, 

Rural areas. 

7 CFR Part 1965 

Foreclosure, Loan programs—

Agriculture, Rural areas. 

■ Accordingly, 7 CFR Chapters VII and 

XVIII are amended as follows: 

PART 771—BOLL WEEVIL 

ERADICATION LOAN PROGRAM 

■ 1. The authority citation for part 771 

continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; and 

Pub. L. 104–180, 110 Stat. 1569. 


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■ 2. Revise the first sentence of 

§ 771.15(c) introductory text to read as 

follows: 

§ 771.15 Loan servicing. 

* * * * * 

(c) Restructuring. The provisions of 7 

CFR part 766 are not applicable to loans 

made under this section. * * * 

* * * * * 

PART 772—SERVICING MINOR 

PROGRAM LOANS 

■ 3. The authority citation for part 772 

continues to read as follows: 

Authority: 5 U.S.C. 301, 7 U.S.C. 1989, 25 

U.S.C. 490. 

■ 4. Revise the second sentence of 

§ 772.9 (b) to read as follows: 

§ 772.9 Releases. 

* * * * * 

(b) Borrower liability. * * * IMP 

borrowers who have had previous debt 

forgiveness on a farm loan program loan 

as defined in 7 CFR part 761, however, 

cannot be released from liability by FSA 

until the previous loss to the Agency 

has been repaid with interest from the 

date of debt forgiveness. * * * 

* * * * * 

■ 5. Revise the first sentence of § 772.11 

to read as follows: 

§ 772.11 Transfer and assumption—IMP 

loans. 

Transfers and assumptions for IMP 

loans are processed in accordance with 

7 CFR part 765. * * * 

■ 6. Revise the first sentence of § 772.12 

(b)(2) to read as follows: 

§ 772.12 Graduation. 

* * * * * 

(b) * * * 

(1) * * * 

(2) All IMP borrowers classified as 

‘‘commercial’’ or ‘‘standard’’ by the 

agency must be reviewed at least every 

2 years. * * * 

* * * * * 

■ 7. Revise § 772.13 (b) to read as 

follows: 

§ 772.12 Delinquent account servicing. 

* * * * * 

(b) IMP loans. Delinquent IMP 

borrowers will be serviced according to 

7 CFR part 3, part 766, and part 1951, 

subpart C, concerning internal agency 

offset and referral to the Department of 

the Treasury Offset Program and 

Treasury Cross-Servicing (or successor 

regulations). 

* * * * * 

■ 8. Revise the second sentence of 

§ 772.16 to read as follows: 

§ 772.16 Liquidation. 

* * * If such a transfer or voluntary 

sale is not carried out, the loan will be 

liquidated according to 7 CFR part 766. 

* * * 

■ 9. Revise § 772.17 to read as follows: 

§ 772.17 Equal opportunity and nondiscrimination requirements. 

With respect to any aspect of a credit 

transaction, the Agency will comply 

with the requirements of the Equal 

Credit Opportunity Act and the 

Department’s civil rights policy in 7 

CFR part 15d. 

PART 773—SPECIAL APPLE LOAN 

PROGRAM 

■ 10. The authority citation for part 773 

continues to read as follows: 

Authority: Pub. L. 106–224. 

■ 11. Revise § 773.22 to read as follows: 

§ 773.22 Loan servicing. 

Loans will be serviced as a Nonprogram loan in accordance with 7 CFR 

part 766 during the term of the loan. If 

the loan is not paid in full during this 

term, servicing will proceed in 

accordance with 7 CFR part 766, subpart 

H. 

PART 774—EMERGENCY LOAN FOR 

SEED PRODUCERS PROGRAM 

■ 12. The authority citation for part 774 

continues to read as follows: 

Authority: Pub. L. 106–224. 

■ 13. Revise the second sentence of 

§ 774.18(b)(2) to read as follows: 

§ 774.18 Interest rate, terms and security 

requirements. 

* * * * * 

(b) * * * 

(2) * * * If the loan is not paid in full 

during this time and default occurs, 

servicing will proceed in accordance 

with 7 CFR part 766, subpart H. 

* * * * * 

■ 14. Revise § 774.23 to read as follows: 

§ 774.23 Loan servicing. 

Loans will be serviced as a Nonprogram loan in accordance with 7 CFR 

part 766. If the loan is not repaid as 

agreed and default occurs, servicing will 

proceed in accordance with 7 CFR part 

766, subpart H. 

PART 1806—INSURANCE 

■ 15. The authority citation for part 

1806 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480; 42 U.S.C. 2942. 

Subpart A—Real Property Insurance 

■ 16. Section 1806.1(a) is amended by 

removing the text ‘‘the Farm Credit 

Programs of the Farm Service Agency 

(FSA) or’’ in the first sentence; and 

adding a new last sentence to read as 

follows: 

§ 1806.1 General. 

(a) * * * This subpart is inapplicable 

to Farm Service Agency, Farm Loan 

Programs. 

* * * * * 

Subpart B—National Flood Insurance 

■ 17. Section 1806.21(a) is amended by 

revising the last sentence to read as 

follows: 

§ 1806.21 General. 

(a) * * * This subpart does not apply 

to Farm Service Agency, Farm Loan 

Programs and to Rural Rental Housing, 

Rural Cooperative Housing, or Farm 

Labor Housing programs of the Rural 

Housing Service. 

* * * * * 

PART 1901—PROGRAM-RELATED 

INSTRUCTIONS 

■ 18. The authority citation for part 

1901 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart F—Procedures for the 

Protection of Historical and 

Archeological Properties 

■ 19. Section 1901.251 is amended by 

adding a new last sentence to read as 

follows: 

§ 1901.251 Purpose. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

Subpart K—Certificates of Beneficial 

Ownership and Insured Notes 

■ 20. Section 1901.501 is amended by 

adding a new last sentence to read as 

follows: 

§ 1901.501 Purpose. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

Subpart N [Removed] 

■ 21. Subpart N is removed and 

reserved. 

PART 1910—GENERAL 

■ 22. The authority citation for part 

1910 continues to read as follows: 


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Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart A [Removed] 

■ 23. Subpart A is removed and 

reserved. 

Subpart B—Credit Reports (Individual) 

■ 24. Amend § 1910.51 by adding a new 

last sentence to read as follows: 

§ 1910.51 Purpose. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

Subpart C—Commercial Credit 

Reports 

■ 25. Amend § 1910.101 by adding a 

new last sentence to read as follows: 

§ 1910.101 Preface. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

PART 1924—CONSTRUCTION AND 

REPAIR 

■ 26. The authority citation for part 

1924 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart A—Planning and Performing 

Construction and Other Development 

■ 27. Section 1924.1 is amended by 

removing the text ‘‘, insured Farm 

Ownership (FO), Soil and Water (SW), 

Softwood Timber (ST)’’ and the text ‘‘, 

and Emergency (EM) loans for 

individuals’’ from the first sentence; and 

adding a new last sentence to read as 

follows: 

§ 1924.1 Purpose 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

Subpart B—[Removed] 

■ 28. Subpart B is removed and 

reserved. 

PART 1925—TAXES 

■ 29. The authority citation for part 

1925 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart A—Real Estate Tax Servicing 

■ 30. Section 1925.1 is amended by 

removing the text ‘‘a Farm Ownership 

(FO), Operating Loan (OL), Soil and 

Water (SW), Recreation Loan (RL), 

Emergency (EM), Economic Opportunity 

(EO),’’ and ‘‘Softwood Timber (ST),’’ in 

the first sentence; and adding a new last 

sentence to read as follows: 

§ 1925.1 General. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

PART 1927—TITLE CLEARANCE AND 

LOAN CLOSING 

■ 31. The authority citation for part 

1927 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart B—Real Estate Title Clearance 

and Loan Closing 

■ 32. Section 1927.51(a) is amended by 

removing the text ‘‘and Farm Service 

Agency (FSA) loans: Farm Ownership 

(FO), Nonfarm Enterprise (FO–NFE), 

Emergency (EM), Operating (OL)’’ in the 

first sentence; removing the text ‘‘Soil 

and Water (SW), Indian Land 

acquisition loan involving nontrust 

property,’’ in the first sentence; and 

adding a new last sentence to read as 

follows: 

§ 1927.51 General. 

(a) * * * This subpart is inapplicable 

to Farm Service Agency, Farm Loan 

Programs. 

PART 1940—GENERAL 

■ 33. The authority citation for part 

1940 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart L—Methodology and 

Formulas for Allocation of Loan and 

Grant Program Funds 

■ 34. Section 1940.551(a) is amended by 

adding a new last sentence to read as 

follows: 

§ 1940.551 Purpose and general policy. 

(a) * * * This subpart is inapplicable 

to Farm Service Agency, Farm Loan 

Programs. 

* * * * * 

§§ 1940.555 through 1940.559 [Removed] 

■ 35. Remove and reserve §§ 1940.555 

through 1940.559. 

PART 1941—[REMOVED] 

■ 36. Remove and reserve part 1941. 

PART 1943—[REMOVED] 

■ 37. Remove and reserve part 1943. 

PART 1950—GENERAL 

■ 38. The authority citation for part 

1950 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart C—Servicing Accounts of 

Borrowers Entering the Armed Forces 

■ 39. Section 1950.101 is amended by 

adding a new last sentence to read as 

follows: 

§ 1950.101 Purpose. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

PART 1951—SERVICING AND 

COLLECTIONS 

■ 40. The authority citation for part 

1951 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C 1932 Note; 

7 U.S.C. 1989; 31 U.S.C. 3716; 42 U.S.C. 

1480. 

Subpart A—Account Servicing Policies 

■ 41. Section 1951.1 is amended by 

removing the text ‘‘Farmer Program 

loans (FP) which include Softwood 

Timber (ST), Operating Loan (OL), Farm 

Ownership (FO), Soil and Water (SW), 

Recreation Loan (RL), Emergency Loan 

(EM), Economic Emergency Loan (EE), 

Special Livestock Loan (SL), Economic 

Opportunity Loan (EO), and Rural 

Housing Loan for farm service buildings 

(RHF)’’; and adding a new last sentence 

to read as follows: 

§ 1951.1 Purpose. 

* * * In addition, this subpart is 

inapplicable to Farm Service Agency, 

Farm Loan Programs. 

Subpart C—Offsets of Federal 

Payments to USDA Agency Borrowers 

■ 42. Revise the fourth and fifth 

sentences of the introductory text of 

§ 1951.111 and the third sentence of 

§ 1951.111(d)(1) to read as follows: 

§ 1951.111 Salary offset. 

* * * For delinquent Farm Loan 

Programs direct loans, salary offset will 

not begin until the borrower has been 

notified of servicing options in 

accordance with 7 CFR part 766. In 

addition, for Farm Loan Programs direct 

loans, salary offset will not be instituted 

if the Federal salary has been 

considered on the farm operating plan, 

and it was determined the funds were 

to be used for another purpose other 

than payment on the USDA Agency 

loan. * * * 

* * * * * 


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(d) * * * 

(1) * * * For Farm Loan Programs 

direct loans, this notice will be sent 

after the borrower is over 90 days past 

due and immediately after sending 

notification of servicing rights in 

accordance with 7 CFR part 766. * * * 

* * * * * 

Subpart D—Final Payment on Loans 

■ 43. Section 1951.151 is amended by 

removing the text ‘‘Farm Service Agency 

(FSA),’’ in the first sentence; and adding 

a new last sentence to read as follows: 

§ 1951.151 Purpose. 

* * * In addition, this subpart is 

inapplicable to Farm Service Agency, 

Farm Loan Programs. 

Subpart F—Analyzing Credit Needs 

and Graduation of Borrowers 

■ 44. Section 1951.251 is amended by 

removing the text ‘‘Farm Service Agency 

(FSA)’’, in the third sentence; and 

revising the fourth sentence to read as 

follows: 

§ 1951.251 Purpose. 

* * * This subpart does not apply to 

Farm Service Agency, Farm Loan 

Programs and to RHS direct single 

family housing (SFH) customers. * * * 

* * * * * 

Subparts J, L, S, and T—[Removed] 

■ 45. Subparts J, L, S, and T are 

removed and reserved. 

PART 1955—PROPERTY 

MANAGEMENT 

■ 46. The authority citation for part 

1955 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart A—Liquidation of Loans 

Secured by Real Estate and 

Acquisition of Real and Chattel 

Property 

■ 47. Section 1955.1 is amended by 

removing the text ‘‘Farm Credit 

programs of the Farm Service Agency 

(FSA),’’ in the second sentence; and 

revising the fourth sentence to read as 

follows: 

§ 1955.1 Purpose. 

* * * This subpart does not apply to 

Farm Service Agency, Farm Loan 

Programs, to RHS single family housing 

loans, or to CF loans sold without 

insurance in the private sector. * * * 

* * * * * 

Subpart B—Management of Property 

■ 48. Section 1955.51 is amended by 

removing the comma immediately 

following ‘‘(RBS)’’ and adding the word 

‘‘and’’ in its place; by removing the text 

‘‘, and Farm Service Agency (FSA),’’ in 

the first sentence of the introductory 

paragraph; and revising the second 

sentence of the introductory paragraph 

to read as follows: 

§ 1955.51 Purpose. 

* * * This subpart does not apply to 

Farm Service Agency, Farm Loan 

Programs, or to RHS single family 

housing loans or community program 

loans sold without insurance to the 

private sector. * * * 

* * * * * 

Subpart C—Disposal of Inventory 

Property 

■ 49. Section 1955.101 is amended by 

revising the fifth sentence to read as 

follows: 

§ 1955.101 Purpose. 

* * * This subpart does not apply to 

Farm Service Agency, Farm Loan 

Programs, Single Family Housing (SFH) 

inventory property, or to the Rural 

Rental Housing, Rural Cooperative 

Housing, and Farm Labor Housing 

Programs. * * * 

* * * * * 

PART 1956—DEBT SETTLEMENT 

■ 50. The authority citation for part 

1956 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 31 

U.S.C. 3711; 42 U.S.C. 1480. 

Subpart B—Debt Settlement—Farm 

Loan Programs and Multi-Family 

Housing 

■ 51. Revise the second sentence of the 

‘‘debt forgiveness’’ definition in 

§ 1956.54 to read as follows: 

§ 1956.54 Definitions. 

* * * * * 

Debt forgiveness. * * * Included, but 

not limited to, are losses from a 

writedown or writeoff under 7 CFR part 

766, debt settlement, after discharge 

under the provisions of the bankruptcy 

code, and associated with release of 

liability. * * * 

* * * * * 

PART 1962—PERSONAL PROPERTY 

■ 52. The authority citation for part 

1962 continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 

U.S.C. 1480. 

Subpart A—Servicing and Liquidation 

of Chattel Security 

■ 53. Section 1962.1 is amended by 

adding a new last sentence to read as 

follows: 

§ 1962.1 Purpose. 

* * * This subpart is inapplicable to 

Farm Service Agency, Farm Loan 

Programs. 

PART 1965—REAL PROPERTY 

Subpart A—[Removed] 

■ 54. Subpart A is removed and 

reserved. 

Dated: November 5, 2007. 

Mark Keenum, 

Under Secretary for Farm and Foreign 

Agricultural Services. 

Dated: November 2, 2007. 

Thomas C. Dorr, 

Under Secretary for Rural Development. 

[FR Doc. 07–5659 Filed 11–14–07; 8:45 am] 

BILLING CODE 3410–05–P 

DEPARTMENT OF AGRICULTURE 

Agricultural Marketing Service 

7 CFR Part 966 

[Docket No. AMS–FV–07–0114; FV07–966–

2 IFR] 

Tomatoes Grown in Florida; Decreased 

Assessment Rate 

AGENCY: Agricultural Marketing Service, 

USDA. 

ACTION: Interim final rule with request 

for comments. 

SUMMARY: This rule decreases the 

assessment rate established for the 

Florida Tomato Committee (Committee) 

for the 2007–08 and subsequent fiscal 

periods from $0.035 to $0.0325 per 25- 

pound carton of tomatoes handled. The 

Committee locally administers the 

marketing order which regulates the 

handling of tomatoes grown in Florida. 

Assessments upon tomato handlers are 

used by the Committee to fund 

reasonable and necessary expenses of 

the program. The fiscal period begins 

August 1 and ends July 31. The 

assessment rate will remain in effect 

indefinitely unless modified, 

suspended, or terminated. 

DATES: Effective November 16, 2007. 

Comments received by January 14, 2008, 

will be considered prior to issuance of 

a final rule. 

ADDRESSES: Interested persons are 

invited to submit written comments 

concerning this rule. Comments must be 


rfrederick on PROD1PC67 with RULES