S 3497 · 118th Congress · Housing and Community Development

FARM Home Loans Act of 2023

Introduced 2023-12-13· Sponsored by Sen. Braun, Mike [R-IN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2023-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 3497 Introduced in Senate (IS)] <DOC> 118th CONGRESS 1st Session S. 3497 To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 13, 2023 Mr. Braun (for himself and Mr. Markey) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry _______________________________________________________________________ A BILL To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fostering the Availability in Rural Markets of Home Loans Act of 2023'' or the ``FARM Home Loans Act of 2023''. SEC. 2. RURAL HOUSING FINANCING. Section 1.11(b) of the Farm Credit Act of 1971 (12 U.S.C. 2019(b)) is amended-- (1) in paragraph (2), by striking ``appurtenances'' and inserting ``appurtenances, including accessory d…

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

Cosponsors (1)

1 Democrat