Farm Credit Administration Independent Authority Act affirms the Farm Credit Administration's sole regulatory authority over the Farm Credit System.
The Farm Credit Administration Independent Authority Act amends the Farm Credit Act of 1971 to ensure the Farm Credit Administration remains the sole and independent regulator of the Farm Credit System. It mandates Farm Credit System institutions to request and collect demographic data from small farmers, including race, sex, and ethnicity, while respecting voluntary reporting. The collected data must be reported to the Farm Credit Administration annually and made publicly available.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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