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Federal Register: December 18, 2007 (Volume 72, Number 242)

DOCID: fr18de07-6 FR Doc E7-24492

DEPARTMENT OF AGRICULTURE

Farm Service Agency

CFR Citation: 7 CFR Part 718

NOTICE: PROPOSED RULES

DOCID: fr18de07-6

ACTION: Future Farm Programs:

DOCUMENT ACTION: Advance notice of proposed rulemaking; reopening and extension of comment period.

SUBJECT CATEGORY:

COMMODITY CREDIT CORPORATION

DATES: Submit comments on the advance proposed rule published on September 28, 2007 (72 FR 5510555108) by January 17, 2008.

DOCUMENT SUMMARY:

The Farm Service Agency (FSA) and the Risk Management Agency (RMA) are reopening and extending the comment period for the advance notice of proposed rulemaking, Cash and Share Lease Provisions for Future Farm Programs. The original comment period closed November 27, 2007. FSA and RMA are reopening and extending it for 30 days from the date of this notice. We will also consider any comments received from November 27, 2007 to this date of this notice. This extension responds to requests from the public to provide more time to comment.

SUMMARY:

Cash and share lease provisions,

DOCUMENT BODY 2:

7 CFR Parts 1412, and 1427
RIN 0560AH75

Cash and Share Lease Provisions for Future Farm Programs

SUPPLEMENTAL INFORMATION

On September 28, 2007, FSA and RMA published advance notice of proposed rulemaking for Cash and Share Lease Provisions for Future Farm Programs, in the Federal Register (72 FR 5510555108). FSA and RMA are reviewing current regulations to determine the feasibility of developing a standardized regulation for defining various lease agreements. The advance notice of proposed rulemaking discussed the following:

Types of leases;

Current treatment of leases by FSA and CCC in provisions applicable to multiple programs;

CCC noninsured crop disaster assistance program (NAP) payments;

Ad hoc disaster payments;

Marketing assistance loans (MLA) and loan deficiency payment (LDP);

Cashrent tenant rule; and

Impact on small and beginning producers.

FSA and RMA believe the request for additional time to comment on the advance notice of proposed rulemaking is reasonable and will benefit the rulemaking process. As a result of reopening and extension, the comment period for this notice will close on January 17, 2008. Glen L. Keppy,
Executive Vice President, Commodity Credit Corporation, Administrator, Acting, Farm Service Agency.
Eldon Gould,
Administrator, Risk Management Agency, Manager, Federal Crop Insurance Corporation.
[FR Doc. E724492 Filed 121707; 8:45 am]
BILLING CODE 341005P

FOR FURTHER INFORMATION CONTACT

Salomon Ramirez, Director, Production Emergencies and Compliance Division, USDA, FSA, PECD, STOP 0517, 1400 Independence Avenue, SW., Washington, DC 202500517, (202) 7207641, e mail: Salomon.Ramirez@wdc.usda.gov.