AGRICULTURE AND RURAL AMERICA

Letters and Testimonies

Testimony

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Title
Committee
Presenter
Date
House Ways and Means Committee05/09/24
Senate Agriculture CommitteeGus Barker05/04/23

Ag News

Farm Credit posts regulatory plan

Oct. 19, 2021

The Farm Credit Administration posted its latest regulatory projects plan. The plan cites pending regulations on a Farm Credit System bridge bank; an annual strategic plan on young, beginning, and small farmers; collateral evaluation regulations; and more.

Appraisals: On the proposed collateral evaluation regulations, ICBA this year told the agency that it should not provide Farm Credit System lenders with lower standards for appraisals and valuations than those required of community banks.

Grassroots: ICBA continues encouraging community bankers to use ICBA’s Be Heard grassroots alert urging congressional support for legislation to exempt from taxation interest income on community banks’ farm real estate and rural mortgage loans.