95-28047. Tobacco; Tobacco Loan Program  

  • [Federal Register Volume 60, Number 219 (Tuesday, November 14, 1995)]
    [Rules and Regulations]
    [Pages 57164-57165]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-28047]
    
    
    
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    DEPARTMENT OF AGRICULTURE
    Commodity Credit Corporation
    
    7 CFR Part 1464
    
    RIN 0560-AD91
    
    
    Tobacco; Tobacco Loan Program
    
    AGENCY: Commodity Credit Corporation, USDA.
    
    ACTION: Final rule.
    
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    SUMMARY: The purpose of this final rule is to adopt, without change, 
    the interim rule published in the Federal Register on May 1, 1995, (60 
    FR 21036). The interim rule amended the regulations to require that 
    persons seeking tobacco price support must be in compliance with the 
    crop insurance requirements implemented by the Federal Crop Insurance 
    Corporation (FCIC). The crop insurance requirement is mandated 
    amendments to the Federal Crop Insurance Act (FCIA) enacted in the 
    Federal Crop Insurance Reform Act of 1994 (``1994 Act'').
    
    EFFECTIVE DATE: November 14, 1995.
    
    FOR FURTHER INFORMATION CONTACT: Gary W. Wheeler, Tobacco Marketing 
    Specialist, United States Department of Agriculture, Consolidated Farm 
    Service Agency, P.O. Box 2415, Washington, D.C., 20013-2415, telephone 
    202-720-7562.
    
    SUPPLEMENTARY INFORMATION:
    
    Executive Order 12866
    
        This final rule has been determined to be not significant for 
    purposes of Executive Order 12866 and, therefore, 
    
    [[Page 57165]]
    has not been reviewed by Office of Management and Budget (OMB).
    
    Federal Assistance Program
    
        The title and number of the Federal Assistance Program, as found in 
    the Catalog of Federal Domestic Assistance, to which this rule applies 
    are: Commodity Loans and Purchases--10.051.
    
    Environmental Evaluation
    
        It has been determined by an environmental evaluation that this 
    action will have no significant impact on quality of the human 
    environment. Therefore, neither an environmental assessment nor an 
    environmental impact statement is needed.
    
    Executive Order 12372
    
        This program/activity is not subject to the provisions of Executive 
    Order 12372 which requires intergovernmental consultation with State 
    and local officials. See the notice related to 7 CFR part 3015, subpart 
    V published at 48 FR 2915 (June 24, 1983).
    
    Executive Order 12778
    
        This final rule has been reviewed in accordance with Executive 
    Order 12778. The provisions of this final rule are not retroactive and 
    preempt State laws to the extent that such laws are inconsistent with 
    the provisions of this final rule. Before any legal action is brought 
    regarding determinations made under provisions of 7 CFR Part 1464, the 
    administrative appeal provisions set forth at 7 CFR Part 780 must be 
    exhausted.
    
    Paperwork Reduction Act
    
        This final rule does not change the Consolidated Farm Service 
    Agency information collection requirements that have been approved by 
    OMB and assigned control number 0560-0058. FCIC information collection 
    requirements for 0563-0003 have been modified and approved by OMB to 
    reflect the program requirements imposed by the Federal Crop Insurance 
    Reform Act of 1994.
    
    Background and Discussion
    
        Section 106 of the 1994 Act amended Section 508 of the FCIA (7 USC 
    1501 et seq.) to provide in 508 (b)(7) that individuals and entities 
    will not be eligible for any price support or production adjustment 
    program, the Conservation Reserve Program, or any benefit described in 
    section 371 of the Consolidated Farm and Rural Development Act, unless 
    that person or entity obtains at least the catastrophic level of 
    insurance for each crop of economic significance grown on each farm in 
    the county in which the producer has an interest, if insurance is 
    available in the county for the crop. Section 508 (b)(7) specifies that 
    the term ``crop of economic significance'' means a crop that has 
    contributed, or is expected to contribute 10 percent or more of the 
    total expected value of all crops grown by the producer.
        Other provisions of Section 508 govern the establishment of 
    catastrophic insurance by the FCIC and rules governing these 
    requirements have been codified in 7 CFR Parts 400 and 402. 
    Consequently, the aforementioned May 1, 1995, amended the tobacco 
    program regulations in 7 CFR part 1464 to incorporate the requirements 
    of the 1994 Act by reference to 7 CFR parts 400 and 402. No comments 
    were received and it has been determined that the interim rule should 
    be made final.
        Accordingly, the interim rule published in the Federal Register (60 
    FR 21036, May 1, 1995) amending 7 CFR part 1464 is adopted as final 
    without change.
    
        Signed at Washington, D.C., on November 7, 1995.
    Bruce R. Weber,
    Acting Executive Vice President, Commodity Credit Corporation.
    [FR Doc. 95-28047 Filed 11-13-95; 8:45 am]
    BILLING CODE 3410-05-P
    
    

Document Information

Effective Date:
11/14/1995
Published:
11/14/1995
Department:
Commodity Credit Corporation
Entry Type:
Rule
Action:
Final rule.
Document Number:
95-28047
Dates:
November 14, 1995.
Pages:
57164-57165 (2 pages)
RINs:
0560-AD91
PDF File:
95-28047.pdf
CFR: (1)
7 CFR 1464