HR 12235 · 95th Congress · Agriculture in foreign trade

Intermediate Term Agricultural Export Credit Act

Introduced 1978-04-19· Sponsored by Rep. Leach, James A. [R-IA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on International Relations.(1978-04-19)

Plain Language Summary

[AI summary unavailable — showing source text] Intermediate Term Agricultural Export Credit Act - Authorizes the Secretary of Agriculture, through the Commodity Credit Corporation, to provide intermediate export loans on terms of from five to ten years in order to develop and expand foreign markets for United States agricultural commodities, including breeding livestock. Prohibits any sale involving such intermediate credit unless the Secretary determines that such sale will develop, expand, or maintain a particular country as a long-term foreign market for United States agricultural commodities.…

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