S 1974 · 98th Congress · Emergency Management
Drought Assistance Act of 1983
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Agriculture.(1983-10-19)
Plain Language Summary
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Drought Assistance Act of 1983 - Requires the Secretary of Agriculture to carry out an emergency feed program in designated disaster areas to assist family farms in preserving livestock and poultry affected by the 1983 drought. Reallocates specified Commodity Credit Corporation funds for such program. Establishes graduated interest payments (three percent on first $50,000, five percent on next $50,000, eight percent on amounts above $100,000) for drought-related emergency loans for family farmers otherwise unable to get sufficient credit.…
Summarized by Claude AI · Non-partisan · For informational purposes only