{"abstract":"On September 28, 2020, the Farm Credit Administration (FCA) published a final rule that repealed the regulatory requirement that production credit associations (PCAs) amortize their loans in 15 years or less, while requiring all Farm Credit System (FCS or System) associations to address amortization through their credit underwriting standards and internal controls. In that publication, FCA inadvertently omitted a statement that the Office of Management and Budget's Office of Information and Regulatory Affairs determined that the final rule is not a major rule under the applicable provisions of the Congressional Review Act. This document corrects that error.","action":"Final rule; correction.","agencies":[{"raw_name":"FARM CREDIT ADMINISTRATION","name":"Farm Credit Administration","id":154,"url":"https://www.federalregister.gov/agencies/farm-credit-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/154","parent_id":null,"slug":"farm-credit-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/12/02/2020-23688.html","cfr_references":[{"chapter":null,"citation_url":null,"part":614,"title":12}],"citation":"85 FR 77364","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This correction is effective December 2, 2020.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2020-23688","effective_on":"2020-12-02","end_page":77365,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/12/02/2020-23688.xml","html_url":"https://www.federalregister.gov/documents/2020/12/02/2020-23688/amortization-limits-correction","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-23688?publication_date=2020-12-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-12-02/2020-23688/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":194,"last_updated":"2026-04-24 18:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-12-02/pdf/2020-23688.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-23688.pdf?1606830316","publication_date":"2020-12-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/12/02/2020-23688.txt","regulation_id_number_info":{"3052-AC92":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/3052-AC92/amortization-limits-agricultural-credit-associations-and-production-credit-associations","title":"Amortization Limits--Agricultural Credit Associations and Production Credit Associations","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=3052-AC92&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3052-AC92"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FCA","document_id":"FCA-2020-0051-0001","checked_regulationsdotgov_at":"2020-12-04T04:30:12Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":77364,"subtype":null,"title":"Amortization Limits; Correction","toc_doc":"Amortization Limits; Correction","toc_subject":null,"topics":[],"type":"Rule","volume":85}