A bill to amend chapter 39 of title 31, United States Code, to require the Commodity Credit Corporation to pay an interest penalty on overdue payments, and for other purposes.

[AI summary unavailable — showing source text] Establishes an interest penalty for late payments by the Commodity Credit Corporation to eligible farmers or ranchers to whom the Corporation is obligated to make payments or loans. Sets forth formulae for the determination of required payment or loan closing dates.…