S 2470 · 93th Congress · Rural economic development
A bill to amend the consolidated farm and rural development act.
Bill Progress
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Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Referred to House Committee on Agriculture.(1973-10-10)
Plain Language Summary
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Provides that the Secretary of Agriculture may loan specified Rural Loan Investment Companies up to five times their capital for a period of five years to allow them to purchase government guaranteed loans from qualified lenders in rural areas of less than fifty thousand population.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
7 Democrats6 Republicans