Page:United States Statutes at Large Volume 99 Part 2.djvu/408

 99 STAT. 1518 7 USC 1921 note.

Prohibition.

PUBLIC LAW 99-198—DEC. 23, 1985

"(A) a loan made or insured under the Consolidated Farm and Rural Development Act to secure such reamortized loan; or "(B) a loan made under this section, at the time of reamortization or thereafter, that is subject to a lien on such land (including timber) in favor of the Secretary; and "(3) the total amount of loans secured by such land (including timber) may not exceed $1,000 per acre. "(d)(l) To assist such borrowers to place such land in softwood timber production, the Secretary may make loans to such borrowers for such purpose in an aggregate amount not to exceed the actual cost of tree planting for land placed in the program. "(2) Any such loan shall be secured by the land (including timber) on which the trees are planted. "(3) Such loans shall be made on the same terms and conditions as are provided in this section for reamortized loans. "(e) The Secretary shall issue such rules as are necessary to carry out this section, including rules prescribing terms and conditions for— "(1) reamortizing and making loans under this section; "(2) entering into security instruments and agreements under this section; and "(3) management and harvesting practices of the timber crop. "(f) There are authorized to be appropriated such sums as are necessary to carry out this section. "(g) No more than 50,000 acres may be placed in such program.". AMENDMENT TO FARMLAND PROTECTION POLICY ACT

Regulations.

7 USC 4202.

SEC. 1255. (a) Section 1546 of the Farmland Protection Policy Act (7 U.S.C. 4207) is amended by striking out "Within one year after the enactment of this subtitle," and inserting in lieu thereof "On January 1, 1987, and at the beginning of each subsequent calendar year.". Q}) Section 1548 of such Act (7 U.S.C. 4209) is amended by striking out "any State, local unit of government, or" and inserting before the period ": Provided, That the Governor of an affected State where a State policy or program exists to protect farmland may bring an action in the Federal district court of the district where a Federal program is proposed to enforce the requirements of section 1541 of this subtitle and r^^lations issued pursuant thereto". TITLE XIII—CREDIT JOINT OPERATIONS

SEC. 1301. (a) Sections 302 and 311(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922 and 1941(a), respectively) are each amended by— (1) striking out "and partnerships" each place it appears after "corporations" and inserting ", partnerships, and joint operations" in lieu thereof; (2) striking out ", and partnerships" each place it appears after "corporations" and inserting ", partnerships, and joint operations" in lieu thereof; and

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