Farm Debt Restructure and Conservation Set-Aside Act of 1985

[AI summary unavailable — showing source text] Farm Debt Restructure and Conservation Set-Aside Act of 1985 - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture, in exchange for partial cancellation of the debt involved, to acquire long-term (at least 50-year) easements for conservation, recreational, and wildlife purposes in wetlands, upland, and highly erodible land securing delinquent Farmers Home Administration loans. Sets forth a formula for calculating the borrower debt reduction.…