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Form 4421 online Oregon: What You Should Know
H.R.4421 — 117th Congress (2): Farm System Reform Act of 2021. H.R.4421 — 117th Congress (2): Farm System Reform Act of 2021. H.R.4421 is intended to facilitate access at all levels of the agricultural system to credit and lending institutions offering the services of the Federal Agricultural Mortgage Corporation, and will increase the availability of stable, quality financing, while simplifying the tax code, protecting the public, preserving jobs and supporting local agriculture communities. H.R.4421 is a piece of legislation that encourages businesses and farmers to utilize the Federal agricultural mortgage insurance program and credit facilities as a bridge to commercial credit from private sources; encourages the development of rural businesses and provides incentives to help businesses grow and to retain existing farmers; promotes the efficient operation and the conservation of rural, agrarian economies; promotes community self-sufficiency and the continued existence of small, independent operations; and allows all farmers, ranchers, and other agricultural businesses (not just those participating in the Federal agrarian mortgage insurance program) to utilize the Federal agrarian mortgage insurance program. H.R.4421 amends title XI to establish a new mortgage insurance program to assist farmers and ranchers through the acquisition, modification, and repayment of Federal agricultural mortgage insurance program loans for the construction and repair of their operations. Title XIX of the Act of January 28, 1913, as amended, is amended by this Act to read as follows: Chapter 10 of the title XI of division B, chapter 561, and section 531 of Public Law 100-456. H.R.4421 amends title XIX of the Act of January 28, 1913, as amended, to read as follows: Chapter 10 of the title XI of division B, chapter 561 and section 531 of Public Law 100-456. H.R.4421 amends title XI of division B, chapter 561 and section 531 of Public Law 100-456. H.R.4421 amends title XII of division B of chapter 561 and section 533 of Public Law 100-456 to clarify that the Secretary does not have authority to issue any new loans under the Federal agricultural mortgage insurance program to a participating farming or ranching business and any existing loans or extensions of credit related to such a business. H.R.
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