Consolidated Farm and Rural Development Act of 1961

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Consolidated Farm and Rural Development Act of 1961
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Other short titles
  • Agricultural Act of 1961
  • Agricultural Enabling Amendments Act of 1961
  • Consolidated Farmers Home Administration Act of 1961
  • Omnibus Agricultural Bill
Long titleAn Act to improve and protect farm prices and farm income, to increase farmer participation in the development of farm programs, to adjust supplies of agricultural commodities in line with the requirements therefore, to improve distribution and expand exports of agricultural commodities, to liberalize and extend farm credit services, to protect the interest of consumers, and for other purposes.
Enacted bythe 87th United States Congress
EffectiveAugust 8, 1961
Citations
Public law 87-128
Statutes at Large 75  Stat.   294
Codification
Titles amended 7 U.S.C.: Agriculture
U.S.C. sections amended
Legislative history
  • Introduced in the Senate as S. 1643 by Orville Freeman (DMN) on April 10, 1961
  • Passed the Senate on July 26, 1961 (41-37)
  • Reported by the joint conference committee on August 3, 1961; agreed to by the House on August 3, 1961 (224-170) and by the Senate on August 3, 1961 (agreed to)
  • Signed into law by President John F. Kennedy on August 8, 1961
President John F. Kennedy signs S. 1643, the Agricultural Act of 1961. CAC CC 001 18 23 0000 2231a.jpg
President John F. Kennedy signs S. 1643, the Agricultural Act of 1961.

The Consolidated Farm and Rural Development Act of 1961 (P.L. 87-128) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA), but now through the Farm Service Agency. The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961.

Contents

The S. 1643 legislation was signed into law by the thirty-fifth President of the United States John F. Kennedy on August 8, 1961. [1] [2]

In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and is often referred to as the Con Act. The Con Act, as amended, currently serves as the authorizing statute for USDA’s agricultural and rural development lending programs. Titles in the Act include current authority for the following three major FSA farm loan programs: farm ownership, farm operating and emergency disaster loans. Title III of the Con Act is the Rural Development Act of 1972 (P.L.92-419) authorizing rural development loans and grants.

Amendments to 1961 Act

Chronological amendments and revisions to the Consolidated Farm and Rural Development Act of 1961.

Date of EnactmentPublic Law NumberU.S. Statute CitationU.S. Legislative BillU.S. Presidential Administration
April 20, 1973 Pub. L. Tooltip Public Law (United States)  93–24 87  Stat.   24 H.R. 1975 Richard M. Nixon
August 5, 1975 Pub. L. Tooltip Public Law (United States)  94–68 89  Stat.   381 S. 555 Gerald R. Ford
August 4, 1978 Pub. L. Tooltip Public Law (United States)  95–334 92  Stat.   420 H.R. 11504 Jimmy E. Carter
September 25, 1980 Pub. L. Tooltip Public Law (United States)  96–358 94  Stat.   1184 S. 261 Jimmy E. Carter
October 13, 1980 Pub. L. Tooltip Public Law (United States)  96–438 94  Stat.   1871 S. 985 Jimmy E. Carter
October 28, 1992 Pub. L. Tooltip Public Law (United States)  102–554 106  Stat.   4142 H.R. 6129 George H.W. Bush
May 11, 1994 Pub. L. Tooltip Public Law (United States)  103–248 108  Stat.   619 S. 1930 William J. Clinton

See also

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References

  1. "Bill signing, S. 1643 Public Law 87-128, Agricultural Act of 1961, 9:45 AM". John F. Kennedy Presidential Library and Museum.
  2. "Remarks on signing Agricultural Act of 1961, 8 August 1961". John F. Kennedy Presidential Library and Museum.

PD-icon.svg This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.