Section 407 of the Agricultural Credit Act of 1978 is amended
What the document says“Section 407 of the Agricultural Credit Act of 1978 (16 U.S.C. 2206) is amended”
The operative instruction of the section. Everything that follows it changes section 407 of the Agricultural Credit Act of 1978, which is codified at 16 U.S.C. 2206. The section does three things: it edits subsection (a)(2), it redesignates subsection (e) as subsection (f), and it inserts a new subsection (e) after subsection (d). The redesignation is what makes room for the new subsection. This site indexes the words this Act enacts and does not record what section 407 said before, because the Agricultural Credit Act of 1978 is not indexed here.
What the document actually says“Section 407 of the Agricultural Credit Act of 1978 (16 U.S.C. 2206) is amended”
This law changes an old law. The old law is from 1978. This time it changes part 407 of it.
The part before this one changed part 401. This one changes a different part. It also moves a lettered piece down to make room for a new one.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.