HR 2373 · 97th Congress · Agriculture and Food

New Homestead Act of 1981

Introduced 1981-03-09· Sponsored by Rep. Petri, Thomas E. [R-WI-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Subcommittee Hearings Held.(1981-06-17)

Plain Language Summary

[AI summary unavailable — showing source text] New Homestead Act of 1981 - Amends the Consolidated Farm and Rural Development Act to require that not less than 40 percent of the real estate loans made under such Act be for the acquisition of family farms by prospective owner-operators. Sets forth the repayment terms for such loans. Directs the Secretary to make or insure at least 500 but not more than 2,000 such loans.…

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

Cosponsors (15)

6 Democrats9 Republicans
Del. Fauntroy, Walter E. [D-DC-At Large]DC
Rep. Murphy, Austin J. [D-PA-22]PA
Rep. Duncan, John J. [R-TN-2]TN
Rep. Stangeland, Arlan [R-MN-7]MN
Rep. Emerson, Bill [R-MO-10]MO
Rep. Neal, Stephen L. [D-NC-5]NC
Rep. Coyne, James K. [R-PA-8]PA
Rep. Evans, Cooper [R-IA-3]IA
Rep. Forsythe, Edwin B. [R-NJ-6]NJ
Rep. Derwinski, Edward J. [R-IL-4]IL
Rep. Railsback, Thomas F. [R-IL-19]IL
Rep. Gingrich, Newt [R-GA-6]GA
Rep. Bedell, Berkley W. [D-IA-6]IA
Rep. Kogovsek, Ray [D-CO-3]CO
Rep. Daschle, Thomas A. [D-SD-1]SD