HR 1034 · 99th Congress · Agriculture and Food

Emergency Agricultural Credit Act of 1985

Introduced 1985-02-07· Sponsored by Rep. Coleman, E. Thomas [R-MO-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from USDA.(1985-02-20)

Plain Language Summary

[AI summary unavailable — showing source text] Emergency Agricultural Credit Act of 1985 - Directs the Secretary of Agriculture to guarantee (75 percent of the principal) agricultural production loans made in 1985. Limits such aggregate guaranteed principal to $3,000,000,000. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary to make production loans through 1987 (at a reduced interest rate).…

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

Cosponsors (4)

4 Republicans