HR 4178 · 99th Congress · Agriculture and Food

Farm Loan Assistance Act of 1986

Introduced 1986-02-19· Sponsored by Rep. Bereuter, Doug [R-NE-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Conservation Credit and Rural Development.(1986-02-24)

Plain Language Summary

[AI summary unavailable — showing source text] Farm Loan Assistance Act of 1986 - Amends the Consolidated Farm and Rural Development Act to require (current law merely authorizes) the Secretary of Agriculture to use his farm ownership and operating loan authority. Authorizes the Secretary to use specified funds available for FY 1987 and 1988 for FY 1986 operating loan guarantees. Directs the Secretary to use at least a specified amount of funds for the interest rate reduction program, including a specified amount for FY 1986.…

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