HR 1277 · 100th Congress · Agriculture and Food
A bill to provide for the reduction of scheduled payments of overdue principal and interest by qualified farmers to the Farmers Home Administration or the Small Business Administration.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: See H.R.3030.(1987-10-06)
Plain Language Summary
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Amends the Consolidated Farm and Rural Development Act to provide for the rescheduling of overdue principal and interest payments by qualified farmers. Defines qualified farmers in terms of being located in or adjacent to counties eligible for disaster loans during the past five years. Sets forth such rescheduling provisions.…
Summarized by Claude AI · Non-partisan · For informational purposes only