Page:United States Statutes at Large Volume 104 Part 5.djvu/509

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3831 "SEC. 361. SUPERVISED CREDIT. 7 USC 2006c. "The Secretary shall provide adequate training to employees of the Farmers Home Administration on credit analysis and financial and farm management to— "(1) better acquaint the employees with what constitutes adequate financial data on which to base a direct or guaranteed loan approval decision; and "(2) ensure proper supervision of farmer program loans.". SEC. 1821. MARKET PLACEMENT. Subtitle D (7 U.S.C. 1981 et seq.) is amended by adding after the sections added by sections 1818(a), 1819, and 1820 of this Act the following new section: "SEC. 362. MARKET PLACEMENT. 7 USC 2006d. "The Secretary shall establish a market placement program for qualified beginning farmers and ranchers and other borrowers of farmer program loans that the Secretary believes have a reasonable chance of qualifying for commercial credit with a guarantee provided under this title.". SEC. 1822. SENSE OF CONGRESS REGARDING ASSISTANCE FOR QUALI- FIED BEGINNING FARMERS OR RANCHERS. It is the sense of Congress that, in carrying out the Consolidated Farm and Rural Development Act (7 U.S.C. 1921 et seq.), the Secretary of Agriculture should— (1) establish innovative programs of finance and assistance for land transfer between generations and for establishment of new farm and ranch units; (2) expand the use of the credit sale and land contract method for the sale of suitable property acquired under such Act; and (3) maintain statistics on the number of loans made, insured, or guaranteed, and inventory farmland sold or leased, to qualified beginning farmers or ranchers under such Act. SEC. 1823. SENSE OF CONGRESS REGARDING FmHA LOAN APPLICATION REVIEW AND LOAN SERVICING. (a) FINDINGS. —Congress finds that reports issued by the Inspector General of the Department of Agriculture and the Comptroller General of the United States found problems with the system of loan application review, and monitoring of loan servicing of guaranteed loans, used under the Consolidated Farm and Rural Development Act(7 U.S.C.1921et seq.). (b) SENSE OF CONGRESS. — It is the sense of Congress that the Secretary of Agriculture should quickly take all actions necessary to correct the problems identified by the reports and report to Congress on the actions taken. SEC. 1824. PROHIBITION ON USE OF LOANS FOR CERTAIN PURPOSES. Subtitle D of the Consolidated Farm and Rural Development Act is amended by adding after the sections added by sections 1818(a), 1819, 1820, and 1821 of this Act the following new section: "SEC. 363. PROHIBITION ON USE OF LOANS FOR CERTAIN PURPOSES. 7 USC 2006e. "The Secretary shall not approve any loan under this title to drain, dredge, fill, level, or otherwise manipulate a wetland (as defined in section 1201(a)(16) of the Food Security Act of 1985 (16 U.S.C. 3801(a)(16)), or to engage in any activity that results in

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