HR 986 · 100th Congress · Agriculture and Food
A bill to provide for the acquisition, by the Farm Credit System Capital Corporation, of real estate assets of Federal land banks, and for other purposes.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Conservation Credit and Rural Development.(1987-02-10)
Plain Language Summary
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Requires the Farm Credit System Capital Corporation, at the request of a Federal land bank, to purchase real estate assets of such bank through September 30, 1990. Authorizes the Corporation to finance such activities through sales of long-term obligations. Prohibits the sale or permanent transfer of such assets if such sale or transfer will adversely affect local farm real estate values.…
Summarized by Claude AI · Non-partisan · For informational purposes only