S 3029 · 93th Congress ·
Consolidated Farm and Rural Development Act Amendments
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Agriculture and Forestry.(1974-02-21)
Plain Language Summary
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Consolidated Farm and Rural Development Act Amendments - Empowers the Secretary of Agriculture to make loans for the purpose of financing 90 percent of the cost of constructing facilities and purchasing equipment for the storage of agricultural commodities. Authorizes the Secretary to make and insure loans for the purchase of any agricultural commodity whenever the purchaser is unable to: (1) make payment upon delivery because of an unavoidable delay in delivery to a subsequent purchaser, and (2) obtain financing upon reasonable terms.…
Summarized by Claude AI · Non-partisan · For informational purposes only