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7 U.S.C. § 1996Loans to resident aliens

submitted 46 years ago by Pub. L. 87-128 to r/title-7-AGRICULTURE · 132 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary may make or insure loans for aliens lawfully admitted for permanent residence, despite citizenship limits elsewhere in this chapter. The Secretary must first issue regulations and submit them to specified congressional committees at least 30 days before publication.

Even where this chapter limits loans to United States citizens, the Secretary may make or insure loans for aliens lawfully admitted for permanent residence under the Immigration and Nationality Act. The Secretary may not do so until issuing rules about the terms and conditions. At least 30 days before publishing those rules in the Federal Register, the Secretary must send them to the House Agriculture Committee and the Senate Agriculture, Nutrition, and Forestry Committee.
the actual law source: uscode.house.gov ↗public domain

Notwithstanding the provisions of this chapter limiting the making and insuring of loans to citizens of the United States, the Secretary may make and insure loans under this chapter to aliens lawfully admitted to the United States for permanent residence under the Immigration and Nationality Act [8 U.S.C. 1101 et seq.]: Provided, That no loans may be made or insured under this chapter to such aliens until the Secretary issues regulations establishing the terms and conditions under which such aliens may receive loans: Provided further, That the Secretary shall submit the regulations to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate at least thirty days prior to the date the regulations are published in the Federal Register.

Source credit: (Pub. L. 87–128, title III, § 348, as added Pub. L. 96–438, § 2(3), Oct. 13, 1980, 94 Stat. 1872.)

history & why it existsrecord from the source credit
  • 1980Enacted · Pub. L. 87-128 · 94 Stat. 1872

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-128 on 1980-10-13.

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