7 CFR 761.204
§ 761.204 Methods of allocating funds to State Offices.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 761.204, § 761.204 Methods of allocating funds to State Offices, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19742
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Full text
FO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:
(a) Formula allocation, if data, as specified in § 761.205, is available to use the formula for the State.
(b) Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.
(c) Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.