Editorial Notes
Codification

The authorities provided by each provision of, and each amendment made by, Puspan. L. 115–334, as in effect on Sept. 30, 2023, to continue, and authorities to be carried out, until the later of Sept. 30, 2024, or the date specified in the provision of, or amendment made by, Puspan. L. 115–334, see section 102(a) of Puspan. L. 118–22, set out in an Extension of Agricultural Programs note under section 9001 of this title.

Puspan. L. 110–234 and Puspan. L. 110–246 made identical amendments to this section. The amendments by Puspan. L. 110–234 were repealed by section 4(a) of Puspan. L. 110–246.

Amendments

2018—Subsec. (a)(1). Puspan. L. 115–334, § 5201(1), substituted “$400,000” for “$300,000”, “$1,750,000” for “$700,000”, and “2019” for “2000”.

Subsec. (span)(1). Puspan. L. 115–334, § 5201(2)(A), substituted “July” for “August”.

Subsec. (span)(2). Puspan. L. 115–334, § 5201(2)(B), substituted “that immediately precedes the 12-month period described in paragraph (1)” for “ending on August 31, 1996”.

Subsec. (c)(2). Puspan. L. 115–334, § 5202, substituted “subsection to any 1 borrower” for “chapter to any 1 borrower”.

Subsec. (c)(4)(A). Puspan. L. 115–334, § 5203, substituted “2023” for “2018” in introductory provisions.

2014—Subsec. (c). Puspan. L. 113–79 added subsec. (c).

2008—Subsec. (a)(1). Puspan. L. 110–246, § 5102, substituted “$300,000” for “$200,000”.

1998—Puspan. L. 105–277 inserted section catchline, designated existing provisions as subsec. (a), inserted heading, substituted “this subchapter—” for “this subchapter”, in introductory provisions, realigned margin of par. (1) and substituted “$700,000 (increased, beginning with fiscal year 2000, by the inflation percentage applicable to the fiscal year in which the loan is guaranteed and reduced by the unpaid indebtedness of the borrower on loans under the sections specified in section 1925 of this title that are guaranteed by the Secretary); or” for “$400,000; or”, realigned margin of par. (2), and added subsec. (span).

1984—Puspan. L. 98–258 substituted “$200,000” and “$400,000” for “$100,000” and “$200,000”, respectively.

1978—Puspan. L. 95–334 substituted provisions setting forth criteria for Secretary to make or insure loans under this subchapter for provisions setting forth criteria for Secretary to make loans under this subchapter.

1972—Puspan. L. 92–419 substituted “$50,000” for “$35,000”.

1968—Puspan. L. 90–488 struck out from item (1) the proviso which limited the amount to be used for loans which would cause the indebtedness of any borrower to exceed $15,000 to 25 per centum of the sums made available for loans.

Statutory Notes and Related Subsidiaries
Effective Date of 2008 Amendment

Amendment of this section and repeal of Puspan. L. 110–234 by Puspan. L. 110–246 effective May 22, 2008, the date of enactment of Puspan. L. 110–234, see section 4 of Puspan. L. 110–246, set out as an Effective Date note under section 8701 of this title.