S 412 · 94th Congress · Agriculture and Food
A bill to amend subtitle C of the Consolidated Farm and Rural Development Act to reduce the rate of interest on emergency loans made under such subtitle and to authorize additional funds for the current fiscal year to expedite the processing of emergency loans to farmers and ranchers who suffered losses as a result of the recent blizzard in the midwestern part of the United States.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Agriculture and Forestry.(1975-01-27)
Plain Language Summary
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Reduces the rate of interest on emergency loans made under the Consolidated Farm and Rural Development Act to 3 percent. Authorizes additional funds not exceeding $1,000,000 for the current fiscal year to expedite the processing of January, 1975 blizzard in the midWestern part of the United States.…
Summarized by Claude AI · Non-partisan · For informational purposes only