Farm Storage Facility Loan Act of 1982

[AI summary unavailable — showing source text] Farm Storage Facility Loan Act of 1982 - Amends the Commodity Credit Corporation Charter Act to require the Commodity Credit Corporation to make onfarm storage facility loans to producers of wheat, corn, oats, barley, dry edible beans, soybeans, and high moisture forage silage under the following conditions; (1) a $40,000,000 maximum total annual principal indebtedness; (2) a $50,000) (currently, $25,000) loan limit per producer; (3) a maximum 20 percent (currently, 30 percent) farmer equity allowance; (4) eligibility for three-year capacity facilities; and (5) an eight-year (currently, five-year) repayment period.…