•
l l , t
1 I h~ ,, I
J'l r ~ ~ rn 1
11" u 11
i tri
t f . ,..__...
Tl ld till
I h I . r
'Ill u I
'-"11' 11
0
l 1 , I rjJ]
i1 ~ I
0
~,.- 1 n u 1 r
· n1 ~ 1 . 1 1~ 11 0 I 11 · ~ l 11 u · 1 · l
' , l1 i l1 n1 1
d h
1 , · 1 · . 1 1 r 1 · i i 1 t tI
u i . 11 d 1 n 111 ~ -r I tl1 ~ u I i I i r , 11 . r I
,,
it
tt} I· u r l1 . f 11 i r r f ' i 1 l1 fu J ' i 1
1
i 11.. .. 1 ~ n ~ r I r
l1
11 ~d f i1
i ti 1 1 · 1 ri, i ~ 1of
l1 ~·"'""'c~ 11i · 11d n1 ~o Jll ri · ~ d1 1ir1i ·r _ i 0 i ~ J ,.... ... · "'"""'
r f ,
t
l1 p r · 11 · i 111 ~ .n1 ~ 11dn1. 11 _ . 0 • • : l11 1 111 ~ ,
ior1
Jlr p11 111 ~ ki 11g ,· , , il bl ucl1 I u111 . n1 , l 11 ~ c r:
.. 1)1 0
•
t
Ill •
fi
c
I .. , r 1 ~. _for
1l1 lo,
I-o u
Jl 11 ,of · h
1 111n1u
11 i -,r\ ...
i
dr11ir1i
r i ~o11. Th~ - ~Or1111i'bu Budg~ ciJi i 11 f1 ~. 1 u l1oriz l1~ Dir or of
11 ·
Offi ~c of · 11. 111 11 nBu~dg t to provid for · I .·111i11 ti~o11 ~of l1~ · ff ir of h ~ - 1111 u11i ' rvi dmi11i' r· i ~o11 .
It
i l1 i11 11 1oi h
co11~r
l1 tfu11d
p·o
id un . d r
thi· c i 011 , h ll b i 1 a bl ~· f~ r p n1 b r I • 1 ~ 1 o or i 11 u I
p :. - c r .er nior I • Cll i of
th
on1111U11i _ rv 0 c~ ~dr 1i1 i ~ -r tio11 ,a r quir
d b..
s c i~o11 · :-.. f titl ~ ~f U11i d ~ od ~until uch I .r cu i , r pl c d or · p ra d itl cc rd ~ nc ~ i h
U h C i ~011.
I i I o h in I 11 1 of ·b con~ r th _ n b l ~ c in h ~
Rur I D ' lopnJ!en
LG'11
Fu11d 1101be
ud in m. ting h
d I : I 1 in exp n : pr~o ~ ided for un ~der hi ~ecti ~on .
..-..ml n ~dn1 nt o. . ·: In ~ ~er n ctio11 · propo · d
S · 11 ~ t .· \'hich prohibi p • n1<e11t und ~ r c i ~on I b)(2 o
L '
1- 7 imp. ac ed ,
id pr~ogram ~or th.~e dur ti ~on of hcon-
I ir1ui11g re o)u io 1.
Th
~co11~ ree ar agr~eedh
tth · _ la
gu ~ag~eof
te
Sen ~a·e artlend-
m ~
nt
r~eli~e'e he S
cr~tar' of
Educ~aion of th
r~equirem ~nt
tom , ke impact aid p.a 'ID n · 1 o chool ~dis ricts
\Yithin
thirt · d -1
n dir t th u f th I I •
I
ti f: ili i pr id i h ill.
t th m nd or I • n
n nd dir t h p rtm n hi pr r m .
h~ on~ r o r th
th
n inuin m in in th urr n I I f p r i i i ~ th,1 ~ m n
I
ood ro r m,kn
uI ' , d h
-uppl ~ m n I
ood
m ( . nffi
r r .. , ....II ion o th , th r b
ffian I I of
ould cl rl contr r o th ro i ion of hi joi
Th~ con~ r I o h t t , r m~ n of
•
th~ u horit un~d~ r i n inui olu ion p cl i m
I
r duringth
m~on h of p m r1 1
und r thutriti~on rogr ffi' . Th p rtm n i dir o pr mp I uch cl im to oi~d unnec - r h rd hip b chool (lj ri •
POR ED LIQ IDATI0 1 OT TH A R
Th h be n ~dvi ed th m n ~ rm ho h
F rm rs Home dministr tion production l~o n m on h
rg of
being Fore dto
dcl r b nkru c bee u of rm
Hom procedures. This
situs
ion occu u r c nt b d croy
rs and the co
t pricequ , ze h
y ,I
~tm n f: rm hort of
a h and h -avily in debt.
Whil the problem has been very rious in h p , it h now reached critical proportions. Approxima I 75 perc
nt of II
~rm-
ers must borrow for production ur ses. urth~ermore,
th
rproduction loan
is
approximate y ,000and th av r
g in tr
te
is o er 14 percent and in som~ cases ov r 20 percent. In 1 1farm~ers will h,a e to pay over $10 billi~on in interest cos alon .
Wh~en these costs are coupled with
today's
low commodity pric re rtedly, the lowest in 50 yean; on a parity basis m~ost farm wi1
have great difficult remaining in business.Often,
however, th~e arm~erhas assets
in excessof his
ou tand·ing indebtedn~ess to Farmers Home and others. If those individuals are forced to liquidate their assets because of bankru tcy or
to
a oid bankruptc , because of today's high interest and s ortag of cash by other far e~, only a fraction of the tru~e alue will be r
· co ered through a orced sale. Furthermore their 1 nd will likely end up in the hands of the large land owners, large orporations or
the Federal government.
Un~d,er law the Farme~ Home Administration ha existing au- thority to h~elp meet this problem. Section 19~81 of title VII of the
United States Code for instance, sets forth some of the
Secretary
of Agriculture' auth~ority in this area. It provid~es a means of refi-nan~cing stretching out the repayment date, and perhaps postpon-
ing a year s paym~ents and interest, when the facts ju
tify
such action. This is all the m~ore essential in view of the fact that the1977 Farm Bill ex ires on September 30, 1981.
Th~e conf7erees irect the Department to strengt en th~e local su- pervision system where close attention may be given and to do ev-
er
thingreasonable
to helpavoid
bankruptcy or £orced sal~e ofassets.
The econ~omic recovery of the ation depends o keeping people
producing not forcing them into bankru tcy.
11
Amendment No. 44: Reported in technical disagreement. The managers on the part of the House will offer a motion to recede and concur in the amendment of the Senate with an amendment, as follows:
In lieu of the matter inserted by said amendment, insert the fol- lowing:
Sec. 138. Notwithstanding any other provision
.of this J·oin t resolu- tion,
~$125,000,000shall be available for expenses necessar · for the participation of the United States in a Multinational Force a
.nd Ob-
servers to implement the Treaty of Peace
betu ~eenEg)pt and Israel:
Provided, That the facilities constructed b)
'u
.se of these funds shall not be available for participation of US. troops in the Multination- al Force and Observers in the Sinai without prior auth. orization b .. v
Congress for the participation of US. troops.
The managers on the part of the Senate will move to concur in the amendment of the House to the amendment of the Senate.
The managers expect that a new account entitled "Multinational Force and Observers in the Sinai" will be established for these
funds. .
Amendment No. 45: Deletes provision proposed by the Senate which would have appropriated $2,400,000,000 to carry out title II of the Federal Water Pollution Control Act, as amended, contin- gent upon enactment into law of Presidentially requested legisla-
tive reforms and receipt of a 1982 budget amendment.
The conferees support the submission of a budget request for the Environmental Protection Agency's construction grants program after the enactment of the Administration's legislative reforms.
The conferees are concerned that a disruptive and costly funding lapse might occur between the time a budget request is submitted
and a funding bill is enacted. Consequently, the conferees are com- mitted to providing adequate funding in the first legislative vehicle available.
Amendment No. 46: Reported in technical disagreement. The managers on the part of the House will offer a motion to recede and concur in the amendment of the Senate with an amendment which changes section number- "140" to "139". This amendment
provides for an increase in the deductions for certain living ex- penses.
The managers on the part of the Senate will move to concur in the amendment of the House to the amendment of the Senate.
Amendment No. 47: The conference agreement changes only the section numbers. The amendment provides for Senate housekeep-
ing matters as proposed by the Senate and in accordance with long standing practice wherein each body determines its own housekeep-
ing requirements and the other concurs without intervention.
JAMIE L. WHI'ITEN, .
EDWARD
P.
BoLAND,(ExcEPT
No. 36
ANDNo. 46),
WILLIAM
H.
NATCHER,NEAL SMITH,
JOSEPH P. ADDABBO,
CLARENCE
D.
LONG,SIDNEY
R.
YATES,(ExcEPT
No. 36
ANDNo. 46),
•
•