A bill to extend and amend the Emergency Agricultural Credit Adjustment Act of 1978.

[AI summary unavailable — showing source text] Amends the Emergency Agricultural Credit Adjustment Act of 1978 to raise the limits on the total principal balances outstanding at any one time on loans insured or guaranteed under such Act: (1) from $400,000 to $600,000 for any borrower; and (2) from $4,000,000,000 to $6,000,000,000 for all such loans. Extends the authority of the Secretary of Agriculture to make new contracts of insurance or guarantee under such Act until September 30, 1981.…