; and (2) in paragraph (2), by striking of such index (as so defined) for the 12-month period that immediately precedes the 12-month period described in paragraph (1) and inserting of the per acre average United States farm real estate value, the per acre average United States cropland value, and the per acre average United States pasture value for the year immediately preceding the year described in paragraph (1) (as so published), weighted equally . 4. Down payment loan program Section 310E(b)(1) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1935(b)(1) ) is amended— (1) in the matter preceding subparagraph (A), by striking exceed 45 percent of the least and inserting exceed, subject to section 305(a), 45 percent of the lesser ; (2) in subparagraph (A), by adding or after the semicolon; (3) in subparagraph (B), by striking ; or and inserting a period; and (4) by striking subparagraph (C). 5. Limitation on microloan amounts Section 313(c)(2) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1943(c)(2) ) is amended by striking $50,000 and inserting $100,000 . 6. Refinancing of guaranteed loans into direct loans (a) In general Not later than 1 year after the date of enactment of this Act, the Secretary of Agriculture, acting through the Administrator of the Farm Service Agency (referred to in this section as the Secretary ), shall promulgate regulations allowing certain loans guaranteed by the Farm Service Agency to be refinanced into direct loans issued by the Farm Service Agency, in accordance with this section. (b) Requirements (1) In general The regulations promulgated under subsection (a) shall provide that a guaranteed loan described in that subsection may be refinanced into a direct loan described in that subsection only if the Secretary determines that— (A) the guaranteed loan is distressed; (B) the borrower on that guaranteed loan has attempted to work with the lender and has been unsuccessful