HR 4857 · 101th Congress · Agriculture and Food

Beginning Farmer and Rancher Credit Act of 1990

Introduced 1990-05-17· Sponsored by Rep. Penny, Timothy J. [D-MN-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Conservation Credit and Rural Development.(1990-06-01)

Plain Language Summary

[AI summary unavailable — showing source text] Beginning Farmer and Rancher Credit Act of 1990 - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish for qualified beginning farmers and ranchers: (1) a loan interest rate reduction program; and (2) a down payment loan program. Defines "qualified beginning farmer or rancher" for purposes of this Act. Obligates specified amounts for loans and guarantees to qualified beginning farmers and ranchers.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

7 Democrats3 Republicans
Rep. Tallon, Robert M. (Robin) [D-SC-6]SC
Rep. Johnson, Tim [D-SD-At Large]SD
Rep. Dorgan, Byron L. [D-ND-At Large]ND
Rep. Grandy, Fred [R-IA-6]IA
Rep. Stallings, Richard H. [D-ID-2]ID
Rep. Tauke, Thomas Joseph [R-IA-2]IA
Rep. Walsh, James T. [R-NY-27]NY
Rep. Jontz, Jim [D-IN-5]IN
Rep. Lancaster, H. Martin [D-NC-3]NC
Rep. Towns, Edolphus [D-NY-11]NY