Agriculture

Farm Mortgage Guarantee Act of 1986

United States · United States Congress · 20 May 1986

Farm Mortgage Guarantee Act of 1986 - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to purchase or repurchase specified farm real estate loans. Directs the Secretary to guarantee such loans on terms that will assure them of an adequate secondary market. Authorizes the Secretary to similarly guarantee farm real estate loans held by the Farmers Home Administration (FmHA) or other qualifying institution . Authorizes the Secretary to offer for sale such guaranteed FmHA-held loans. Establishes the: (1) Farm Mortgage Revolving Fund; and (2) Farm Real Estate Insurance Fund. Terminates loan guarantee authority under this Act as of December 31, 1991.

George S. Dunlop, of North Carolina, to be an Assistant Secretary of Agriculture, vice Peter C. Myers.

United States · United States Senate · 19 May 1986

A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.

United States · United States Congress · 14 May 1986

Expresses the sense of the Congress that the Farm Credit System should take specified actions to assist borrowers, including: (1) participating to the maximum extent possible with the Farmers Home Administration and other Government guarantee programs to provide 1986 operating loans; (2) following policies of reasonable loan forbearance; (3) using loan restructuring; (4) emphasizing loan servicing approaches that help borrowers meet the conditions of their loan contracts; (5) resorting to foreclosure only when there is no alternative or when the associated costs would be less than loan restructuring; (6) providing defaulting borrowers with the opportunity to bid on foreclosed property; and (7) maintaining sound institutional credit policies.

Fast Food Ingredient Information Act of 1986

United States · United States Congress · 13 May 1986

Fast Food Ingredient Information Act of 1986 - Title I: Responsibilities of the Secretary of Health and Human Services - Requires the Secretary of Health and Human Services to enforce food labeling requirements of the Federal Food, Drug, and Cosmetic Act for packaged food sold by fast food restaurants. Title II: Responsibilities of the Secretary of Agriculture - Requires the Secretary of Agriculture to enforce specified food labeling requirements of the Federal Meat Inspection Act and of the Poultry Products Inspection Act for packaged foods sold by fast food restaurants. Title III: Regulations; Effective Date - Sets forth the effective dates for requirements of this Act.

Peter C. Myers, of Missouri, to be Deputy Secretary of Agriculture, vice John R. Norton III, resigned.

United States · United States Senate · 12 May 1986

Farm Loan Mediation Act of 1986

United States · United States Congress · 9 May 1986

Farm Loan Mediation Act of 1986 - Prohibits the Secretary of Agriculture from making loans under the Consolidated Farm and Rural Development Act to persons in States not having a loan mediation system. Requires such a system to provide for: (1) local mediation; (2) voluntary and mandatory mediation; (3) debtor and creditor eligibility; (4) foreclosure only after mandatory mediation; and (5) procedures in the case of unsuccessful mandatory mediation.

A bill to require the Federal Crop Insurance Corporation to determine insurance units for the 1986 and 1987 crop years in the same manner as the Corporation determined insurance units for the 1984 crop year.

United States · United States Congress · 8 May 1986

Requires the Federal Crop Insurance Corporation to determine insurance (land) units for the 1986 and 1987 crop years in the same manner as the Corporation determined insurance units for the 1984 crop year.

Food Irradiation Safety and Labeling Requirement Act of 1986

United States · United States Congress · 7 May 1986

Food Irradiation Safety and Labeling Requirement Act of 1986 - Prohibits the Secretary of Agriculture from implementing pork irradiation regulations and the Secretary of Health and Human Services from implementing other food irradiation regulations. Requires the Secretary of Health and Human Services to arrange for and report within two years on a study of the risks to human health and the environment presented by food irradiation. Amends the Federal Food, Drug, and Cosmetic Act to require that food for domestic use or export which has been irradiated be labeled in a prescribed fashion. Requires restaurant menus to indicate when foods have been irradiated. Requires persons irradiating food to report semiannually to the Secretary.

A resolution expressing the sense of the House of Representatives that the Secretary of Agriculture review ways to assist the Chernobyl disaster victims in providing agricultural commodities to replenish contaminated stocks.

United States · United States Congress · 7 May 1986

Expresses the sense of the House of Representatives that the Secretary of Agriculture should review ways to assist the people of Eastern Europe and the Soviet Union by providing surplus agricultural commodities to replenish food stocks contaminated by the Chernobyl disaster.

Grain Quality Improvement Act of 1986

United States · United States Congress · 30 April 1986

Grain Quality Improvement Act of 1986 - Amends the Grain Standards Act of 1916 to authorize the rounding off of numbers relating to grain condition or quality. Requires that any rounding off shall be in a direction to understate the condition or quality of the grain. Authorizes the Administrator of the Federal Grain Inspection Service to refuse to certify an export crop of grain if he believes that such cargo will deteriorate significantly in quality enroute to a foreign destination. Requires a quality variation statement on all official grade certificates issued for export grain lots. Prohibits the recombination of dockage and foreign material with any grain intended for export when the result will be to reduce quality or spoilage resistance. Amends the Agricultural Act of 1956 to provide in-kind bonuses to producers and exporters of specified high-quality export corn. Authorizes the Secretary of Agriculture to make in-kind reimbursements for: (1) inventory loss of value; and (2) cleaning and blending equipment.

A bill to require the Secretary of Agriculture to conduct a feasibility study of providing flood protection on the North and South Branch of the Potomac River, the Cheat River, and the Greenbrier River systems.

United States · United States Congress · 29 April 1986

Directs the Secretary of Agriculture, acting through the Soil Conservation Service, to conduct a feasibility study of providing flood protection on the North and South Branch of the Potomac River, the Cheat River, and the Greenbrier River systems in West Virginia. Requires a report to the Congress by December 31, 1986.

Christopher Hicks, of Maryland, to be General Counsel of the Department of Agriculture, vice Daniel Oliver.

United States · United States Senate · 24 April 1986

A bill to amend the Agricultural Act of 1949 to improve procedures for the rotation of grain in the producer reserve program, and for other purposes.

United States · United States Congress · 24 April 1986

Amends the Agricultural Act of 1949 to permit a producer to: (1) rotate grain stored under the producer reserve program at any time within 120 days after the Secretary of Agriculture approves such rotation; and (2) use funds made available from such stock rotation to defray agricultural operating expenses.

A bill to amend the Agricultural Act of 1949 to suspend the application of the milk production termination program in order to minimize the adverse effect of the program on beef, pork, and lamb producers.

United States · United States Congress · 24 April 1986

Amends the Agricultural Act of 1949 to suspend the current milk production termination program while the Secretary of Agriculture develops a new program that will minimize the adverse effects on beef, pork, and lamb producers. Requires the Secretary to report to the appropriate congressional committees.

Processed Products Inspection Improvement Act of 1986

United States · United States Congress · 23 April 1986

Processed Products Inspection Improvement Act of 1986 - Amends the Federal Meat Inspection Act to redescribe the manner and frequency of inspection of meat food products to include the requirement that the Secretary of Agriculture take into account for each establishment: (1) the nature and frequency of processing operations; (2) the adequacy and reliability of processing controls and sanitary procedures; and (3) the history of inspection compliance. Changes the requirement that condemned meat food products be destroyed for "food purposes," to a requirement that they be destroyed for "human food purposes." Provides that amendments made by this Act shall not be construed to authorize the Secretary to refuse to provide inspection solely because an establishment does not participate in a total plant quality-control program.

A bill to authorize the Secretary of Agriculture to issue a nationwide marketing order applicable to milk and milk products, and for other purposes.

United States · United States Congress · 21 April 1986

Amends the Agricultural Adjustment Act to direct the Secretary of Agriculture to: (1) issue a proposed nationwide milk marketing order; and (2) conduct a producer referendum to determine whether such order is approved or disapproved.

A resolution to express the sense of the Senate that certain action be taken to end hunger in the United States by 1990.

United States · United States Congress · 21 April 1986

Expresses the sense of the Senate that Federal nutrition programs should be improved to end hunger in the United States by 1990.

Farm Credit Assistance Act of 1986

United States · United States Congress · 17 April 1986

Farm Credit Assistance Act of 1986 - Title I: Agricultural Loan Interest Subsidy Program - Directs the Secretary of Agriculture to establish a Federal-State-Lender cooperative agricultural loan interest subsidy program to run through September 30, 1987. Sets forth borrower eligibility criteria, including a prohibition on borrowers who produce commodities on highly erodible land or converted wetland. Provides that, with regard to such program, the interest rate shall be written down as follows: (1) two percentage points shall be paid by the Federal Government; (2) between one and two percentage points may be paid by a State; and (3) one percent of interest or at least 15 percent of the principal shall be canceled by the lender. Sets maximum aggregate loan principal at $400,000 for an individual and $600,000 for a family corporation or partnership. Authorizes FY 1986 through 1989 program appropriations. Limits maximum aggregate fiscal year payments to $600,000,000. Requires States to submit a program plan to the Secretary of Agriculture for approval. Sets forth plan requirements, including the designation of a State administering agency. Title II: Farm Credit System Institution Borrowers - Subtitle A: Farm Credit System Loan Restructuring Program - Requires a Farm Credit System (System) institution to restructure, rather than foreclose, a loan to an eligible borrower if foreclosure costs equal or exceed restructuring costs. Sets forth borrower eligibility criteria and related appeal procedures. Requires the Capital Corporation to reimburse an institution for the amount of principal due on loans reduced by the institution if necessary to avoid insolvency or liquidation. Requires the Chairman of the Farm Credit Administration Board to submit a program report to the Congress within 270 days. Subtitle B: Farm Credit System Reform - Amends the Farm Credit Act of 1971 to require System institutions to provide borrowers with access to appraisals. Encourages System institutions to permit foreclosed borrowers to retain possession of their principal residences and a reasonable amount of adjoining land. Prohibits a System institution from raising the interest rate on a loan that has been reclassified as a risk or problem loan. Directs the Farm Credit Administration to make periodic determinations of System financial assistance needs. Limits System institution operating expenses to one percent above the average cost of System-issued bonds. Directs the Farm Credit Administration to issue regulations regarding the disposition and leasing of acquired farmland. Directs System institutions to give sale or lease priority to family-sized farms and to original owners or operators. Requires a borrower to buy System stock in order to be eligible to obtain a loan or to purchase by installment System-held farmland. Title III: Farmers Home Administration Borrowers - Requires the Secretary of Agriculture to restructure, rather than foreclose, a loan made under the Consolidated Farm and Rural Development Act if foreclosure costs equal or exceed restructuring costs. Sets forth borrower eligibility criteria and related appeal procedures. Prohibits the Secretary from requiring additional loan collateral if the borrower is current in the payment of principal or interest. Directs the Secretary to submit a program report to the Congress within 270 days. Amends the Consolidated Farm and Rural Development Act to authorize loans to farmers and ranchers for alternate crop production (as defined by this Act). Title IV: Miscellaneous Provisions - Provides for the establishment of an Inter-Agency Agricultural Task Force to assist commercial agricultural banks and borrowers to resolve present economic problems and to facilitate commercial bank lending to agriculture in the future. Requires semiannual reports to the appropriate congressional committees. Authorizes appropriations. Requires that no less than $30,000,000 nor more than $35,000,000 of specified funds appropriated for the interest rate reduction program be used to fund the interest-rate buy-down program authorized under this Act for FY 1986.

A bill to protect United States cattlemen from imports of live Canadian cattle, and to require the International Trade Commission to conduct a Section 201 investigation of such imports.

United States · United States Congress · 17 April 1986

Establishes a moratorium on the importation of Canadian cattle until a United States Internation Trade Commission study, as required by this Act, determines whether such cattle are a substantial cause, or threat, of serious injury to U.S. cattle producers in specified States.

Futures Trading Act of 1986

United States · United States Congress · 17 April 1986

Futures Trading Act of 1986 - Amends the Commodity Exchange Act to exclude foreign boards of trade, exchanges, markets, or clearinghouses from certain fraudulent practices provisions. Authorizes the Commodity Futures Trading Commission (Commission), with prior approval, to serve subpoenas on persons outside the United States. Authorizes the ex parte appointment of temporary receivers. Requires that for an investment transaction by a Commissioner or employee of the Commission to be a prohibited transaction, it must have: (1) involved the use of nonpublic information; (2) been prohibited by the Commission; or (3) been effected by any Commission-regulated instrument. Excludes Commission-exempted transactions not contrary to the public interest from such prohibition. Authorizes appropriations through FY 1989. Makes the automatic stay provisions inapplicable to a registered futures association (association) disciplinary action. Provides that the Commission shall review only final disciplinary actions taken by an association. Sets forth the standards for Commission review of denial of membership actions. Repeals the 30-day Commission approval period for proposed association rules changes.

Farm Credit Assistance Act of 1986

United States · United States Congress · 17 April 1986

Farm Credit Assistance Act of 1986 - Title I: Agricultural Loan Interest Subsidy Program - Directs the Secretary of Agriculture to establish a Federal-State- Lender cooperative agricultural loan interest subsidy program to run through September 30, 1987. Sets forth borrower eligibility criteria, including a prohibition on borrowers who produce commodities on highly erodible land or converted wetland. Provides that with regard to such program, the interest rate shall be written down as follows: (1) two percentage points shall be paid by the Federal Government; (2) between one and two percentage points may be paid by a State; and (3) one percent of interest or at least 15 percent of the principal shall be canceled by the lender. Sets maximum aggregate loan principal at $400,000 for an individual, and $600,000 for a family corporation or partnership. Authorizes FY 1986 through 1989 program appropriations. Limits maximum aggregate fiscal year payments to $600,000,000. Requires States to submit a program plan to the Secretary of Agriculture for approval. Sets forth plan requirements, including the designation of a State administering agency. Title II: Farm Credit System Institution Borrowers - Subtitle A: Farm Credit System Loan Restructuring Program - Requires a Farm Credit System (System) institution to restructure, rather than foreclose, a loan to an eligible borrower if foreclosure costs equal or exceed restructuring costs. Sets forth borrower eligibility criteria and related appeal procedures. Requires the Capital Corporation to reimburse an institution for the amount of principal due on loans reduced by the institution if necessary to avoid insolvency or liquidation. Requires the Chairman of the Farm Credit Administration Board to submit a program report to the Congress within 270 days. Subtitle B: Farm Credit System Reform - Amends the Farm Credit Act of 1971 to require System institutions to provide borrowers with access to appraisals. Encourages System institutions to permit foreclosed borrowers to retain possession of their principal residences and a reasonable amount of adjoining land. Prohibits a System institution from raising the interest rate on a loan that has been reclassified as a risk or problem loan. Directs the Farm Credit Administration to make periodic determinations of System financial assistance needs. Limits System institution operating expenses to one percent above the average cost of System-issued bonds. Directs the Farm Credit Administration to issue regulations regarding the disposition and leasing of acquired farmland. Directs System institutions to give sale or lease priority to family-sized farms and to original owners or operators. Requires a borrower to buy System stock in order to be eligible to obtain a loan or to purchase by installment System-held farmland. Title III: Farmers Home Administration Borrowers - Requires the Secretary of Agriculture to restructure, rather than foreclose, a loan made under the Consolidated Farm and Rural Development Act if foreclosure costs equal or exceed restructuring costs. Sets forth borrower eligibility criteria and related appeal procedures. Prohibits the Secretary from requiring additional loan collateral if the borrower is current in the payment of principal or interest. Directs the Secretary to submit a program report to the Congress within 270 days. Amends the Consolidated Farm and Rural Development Act to authorize loans to farmers and ranchers for alternate crop production (as defined by this Act). Title IV: Miscellaneous Provisions - Provides for the establishment of an Inter-Agency Agricultural Task Force to assist commercial agricultural banks and borrowers to resolve present economic problems and to facilitate commercial bank lending to agriculture in the future. Requires semiannual reports to the appropriate congressional committees. Authorizes appropriations. Requires that no less than $30,000,000 nor more than $35,000,000 of specified funds appropriated for the interest rate reduction program be used to fund the interest rate buy-down program authorized under this Act for FY 1986.

A bill to amend the Farm Credit Act of 1971 to provide additional protection to farmers participating in the Farm Credit System, and for other purposes.

United States · United States Congress · 17 April 1986

Amends the Farm Credit Act of 1971 to provide that an eligible foreclosed Farm Credit System (System) borrower may retain occupancy (three to five years) of his or her homestead property (up to ten acres) for family maintenance purposes. Grants such borrower first right of referral to reacquire the property at the end of such occupancy period. Prohibits the sale of System-held land if such sale will have a detrimental effect on land values in specified depressed farming areas. Requires offers to sell System-held land to be made through local real estate agents. Requires the leasing of such land to be on a competitive bid basis. Requires a System institution with individual shareholders to provide them with a copy of the bylaws and upon request a copy of the charter or articles of incorporation.

A bill to authorize the Secretary of Agriculture to issue a nationwide marketing order applicable to milk and milk products, and for other purposes.

United States · United States Congress · 17 April 1986

Amends the Agricultural Adjustment Act to direct the Secretary of Agriculture to: (1) issue a proposed nationwide milk marketing order; and (2) conduct a producer referendum to determine whether such order is approved or disapproved.

Agricultural Credit Act of 1986

United States · United States Congress · 16 April 1986

Agricultural Credit Act of 1986 - Title I: Deferrals - Directs the Secretary of Agriculture, and a State at its option, to provide interest rate subsidies to lenders who defer principal or interest payments on agricultural loans. Limits eligible aggregate loan amounts. Sets forth rate reductions. Establishes a three-year deferral period. States that at the end of such period lenders may not charge interest rates in excess of existing comparable rates. Permits lenders to enforce pre-deferral loan terms in the event of a nonmonetary borrower default. Requires lenders to develop debt restructuring guidelines. Terminates Federal and State subsidy payments upon foreclosure. Directs the Secretary to use the Agricultural Credit Insurance Fund to carry out such subsidy program. Authorizes the use during FY 1986 through 1989 of additional specified funds under the Consolidated Farm and Rural Development Act. States that the fixed rate mortgage requirement in any restructured loan under this Act supersedes State law. Sets forth penalties for misuse of funds under this Act. Title II: Conservation Provisions - Amends the Food Security Act of 1985 to prohibit such loan deferral assistance to producers who cultivate crops on erodible land or wetlands. Title III: Accounting Provisions - Amends the Federal Deposit Insurance Act to require the appropriate Federal banking agency to: (1) permit an insured agricultural bank to account for debt restructuring according to generally accepted accounting principles by not requiring a change in the recorded investment unless the investment exceeds total, reasonably anticipated, future receipts given the new terms of the loan; (2) establish a program of capital standard forbearance for such an insured bank for which capital reduction is attributable to problems in the agricultural sectors of the economy; and (3) implement call report requirements for renegotiated loans which authorize such loans to be disclosed as "restructured and in compliance with modified terms." Requires States to conform their appropriate regulations to such amendments. Prohibits a national banking association from holding real estate under mortgage or purchased to secure debts for longer than ten years with no extension (currently, five years with a five-year extension if approved by the Comptroller of the Currency). Directs the Comptroller of the Currency to establish new lending limits for banks covered by the capital standard forbearance program. Prohibits such a lending limitation from exceeding 20 percent of the unimpaired capital and unimpaired surplus of the lending institution. Requires participating banks to establish debt restructuring guidelines. Permits participating banks to enforce pre-restructured loan terms in the event of a nonmonetary borrower default.

A bill to amend the Agricultural Act of 1949 to require the Secretary of Agriculture to make deficiency payments for the 1986 crops of wheat and feed grains not later than the end of the fifth month of the marketing years for such crops.

United States · United States Congress · 16 April 1986

Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to make 1986 wheat and feed grain deficiency payments not later than the end of the fifth month of the marketing year for such crops.

Agricultural Credit Act of 1986

United States · United States Congress · 16 April 1986

Agricultural Credit Act of 1986 - Title I: Interest Subsidy Incentives for Restructuring Loans - Directs the Secretary of Agriculture, and a State at its option, to provide interest rate subsidies to lenders who defer principal or interest payments on agricultural loans. Limits eligible aggregate loan amounts. Sets forth rate reductions. Establishes a three-year deferral period. States that at the end of such period lenders may not charge interest rates in excess of existing comparable rates. Permits lenders to enforce pre-deferral loan terms in the event of a nonmonetary borrower default. Requires lenders to make a good faith effort to reduce principal or interest due before foreclosing, except in the case of a bankruptcy. Requires lenders to develop debt restructuring guidelines. Terminates Federal and State subsidy payments upon foreclosure. Directs the Secretary to use the Agricultural Credit Insurance Fund to carry out such subsidy program. Authorizes the use of additional specified funds under the Consolidated Farm and Rural Development Act. Title II: Conservation Provisions - Amends the Food Security Act of 1985 to prohibit such loan deferral assistance to producers who cultivate crops on erodible land or wetlands. Title III: Accounting Provisions - Amends the Federal Deposit Insurance Act to require the appropriate Federal banking agency to: (1) permit an insured agricultural bank to account for debt restructuring according to generally accepted accounting principles by not requiring a change in the recorded investment unless the investment exceeds total, reasonably anticipated, future receipts given the new terms of the loan; (2) establish a program of capital standard forbearance for such an insured bank for which capital reduction is attributable to problems in the agricultural sectors of the economy; and (3) implement call report requirements for renegotiated loans which authorize such loans to be disclosed as "restructured and in compliance with modified terms." Requires States to conform their appropriate regulations to such amendments. Prohibits a national banking association from holding real estate under mortgage or purchased to secure debts for longer than ten years with no extension (currently, five years with a five-year extension if approved by the Comptroller of the Currency). Directs the Comptroller of the Currency to establish new lending limits for banks covered by the capital standard forbearance program. Prohibits such lending limitation from exceeding 20 percent of the unimpaired capital and unimpaired surplus of the lending institution. Title IV: Miscellaneous - Directs the Secretary to prescribe implementing regulations within 30 days. States that any State law prohibiting fixed rate loans shall not apply to credit extensions under this Act. Sets forth penalties for misuse of funds under this Act.

A bill to amend the Grain Standards Act of 1916 to provide for authority of the Administrator of the Federal Grain Inspection Service to refuse to certify export cargos under certain circumstances and for other purposes.

United States · United States Congress · 16 April 1986

Amends the Grain Standards Act of 1916 to authorize the Administrator of the Federal Grain Inspection Service to refuse to certify an export cargo of grain if he believes that such cargo will deteriorate significantly in quality en route to a foreign destination.

A bill to amend the Food Security Improvements Act of 1986 to mandate the Secretary of Agriculture to provide advance recourse loans to producers of commodities.

United States · United States Congress · 16 April 1986

Amends the Food Security Improvements Act of 1986 to direct the Secretary of Agriculture to provide advance agricultural recourse loans.

A bill to make foreign nationals ineligible for certain agricultural program loans, payments or benefits.

United States · United States Congress · 15 April 1986

Makes foreign nationals (including foreign-controlled corporations) ineligible for agricultural price supports, loans, crop insurance, and disaster payments.

A resolution expressing the sense of the House of Representatives that there is an economic depression in the beef and pork industries, resulting in part from excessive meat imports and from the administration of the milk production termination program, and that the President should alleviate such depression by imposing limitations on the levels of meats and meat products imported into the United States during the milk production termination program.

United States · United States Congress · 14 April 1986

Expresses the sense of the House of Representatives that the Secretary of Agriculture should acknowledge the serious economic depression in the beef and pork industries and take the steps to alleviate such condition, including increasing Government meat purchases, restricting imports, and administering the milk production termination program in an orderly fashion.

A bill to amend the Food Security Act of 1985 to require the Secretary of Agriculture to take certain actions to reduce the adverse effect of the milk production termination program on red meat producers, and for other purposes.

United States · United States Congress · 11 April 1986

Amends the Food Security Act of 1985 to direct the Secretary of Agriculture to purchase specified poundage or dollar amounts of red meat, whichever is greater. Requires that such purchases be made with any dairy price support money saved as a result of dairy cattle marketing under the milk production termination program. Directs the Secretary to: (1) buy meat in each disposal period in relation to the number of marketed dairy cattle; and (2) adjust the number of marketed dairy cattle so as to minimize the adverse effect on U.S. beef, pork, and lamb producers.

A bill to amend the Food Security Act of 1985 to require the Secretary of Agriculture to take certain actions to minimize the adverse effect of the milk production termination program on beef, pork, and lamb producers, and for other purposes.

United States · United States Congress · 10 April 1986

Amends the Food Security Act of 1985 to direct the Secretary of Agriculture to make required red meat purchases in proportion to the number of dairy cattle slaughtered in each disposal period under the milk production termination program (program). Provides that if such purchases are inadequate to offset the amount of meat being marketed under the program, the Secretary shall decrease meat imports, or increase purchases and exports. Directs the Secretary to ensure the orderly marketing of such dairy cattle consistent with historical beef and dairy marketing patterns.

A bill to amend the Agricultural Act of 1949 to suspend the application of the milk production termination program in order to minimize the adverse affect of the program on beef, pork, and lamb producers.

United States · United States Congress · 10 April 1986

Amends the Agricultural Act of 1949 to suspend the current milk production termination program while the Secretary of Agriculture develops a new program that will minimize the adverse effects on beef, pork, and lamb producers. Requires the Secretary to report to the appropriate congressional committees.

A resolution to express the sense of the Senate that the Secretary of Agriculture should take certain actions to minimize the adverse effect of the milk production termination program on beef, pork, and lamb producers, and for other purposes.

United States · United States Congress · 10 April 1986

Amends the Food Security Act of 1985 to direct the Secretary of Agriculture to make required red meat purchases in proportion to the number of dairy cattle slaughtered in each disposal period under the milk production termination program (program). Provides that if such purchases are inadequate to offset the amount of meat being marketed under the program, the Secretary shall decrease meat imports, or increase purchases and exports. Directs the Secretary to ensure the orderly marketing of such dairy cattle consistent with historical beef and dairy marketing patterns.

Agriculture and Energy Assistance Act of 1986

United States · United States Congress · 10 April 1986

Agriculture and Energy Assistance Act of 1986 - Amends the Federal Deposit Insurance Act to direct the appropriate Federal banking agency to allow an agricultural or energy bank which engages in troubled debt restructuring involving only modification of the terms of the original debt agreement to account for the effects of the debt restructuring prospectively and to continue to account for the bank's investment in the original debt agreement in the amount recorded by the bank prior to such restructuring (provided the investment is less than or equal to the anticipated cash receipts from restructuring) to the extent such methods of accounting are consistent with generally accepted accounting principles. Directs the appropriate agency to prescribe the manner in which a bank will report any troubled debt restructuring in reports of condition. Authorizes the appropriate agency to limit troubled debt restructuring when necessary to maintain a bank in safe and sound condition. Requires each appropriate agency to allow the capital of a qualified insured bank to fall below its minimum capital requirement. Permits the agency to limit the extent and duration of the shortfall as necessary to maintain a bank in a safe and sound condition. Defines a bank as "qualified" if it: (1) demonstrates that the capital shortfall is attributable to problems in the agricultural or energy sectors of the economy; (2) demonstrates that it is making good faith efforts to restructure troubled debt; (3) applies before January 1, 1988; (4) submits an acceptable plan for increasing its capital to the minimum required level by January 1, 1993; and (5) meets such additional conditions as the agency may establish. Requires the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation to report to the Congress annually on their administration of such debt restructuring and capital standard forbearance provisions and on the extent to which banks are utilizing such provisions. Prohibits a national banking association from holding real estate under mortgage or purchased to secure debt for longer than ten years with no extension (currently, five years with a five-year extension if approved by the Comptroller of the Currency). Provides that a national banking association which the Comptroller of the Currency allows to decrease its capital below its required minimum capital level shall, nevertheless, be deemed to have unimpaired capital and unimpaired surplus equal to such minimum level for purposes of lending limits.

A resolution expressing the sense of the House of Representatives that the President and the Secretary of Agriculture should take certain actions to minimize the adverse economic effect on beef, pork, and lamb producers resulting from the slaughter of dairy cattle under the milk production termination program, and for other purposes.

United States · United States Congress · 10 April 1986

Expresses the sense of the House of Representatives that in order to minimize the adverse effect of the milk production termination program on U.S. beef, pork, and lamb producers, the Secretary of Agriculture should: (1) make red meat purchases in relation to the number of marketed dairy cattle; and (2) increase domestic and export meat purchases or restrict meat imports, as appropriate, if estimated meat marketings exceed Government purchases as a result of such program.

A resolution expressing the sense of the House of Representatives with respect to Federal funds for the Cooperative Extension Service of the Department of Agriculture.

United States · United States Congress · 10 April 1986

Expresses the sense of the House of Representatives that Federal funds for the Department of Agriculture's Cooperative Extension Service should be maintained at a level sufficient to prevent the reduction of benefits provided by such Service.

A bill to improve the administration of the temporary emergency food assistance program and to reestablish food bank special nutrition projects, and for other purposes.

United States · United States Congress · 9 April 1986

Amends the Temporary Emergency Food Assistance Act of 1983 to require each State to submit to the Secretary of Agriculture: (1) an annual commodity distribution plan; (2) quarterly reports. Directs the Secretary to issue commodity warehousing and monitoring regulations. Reopens statutory authority for food bank special nutrition projects reports.

A bill to provide that certain individuals who are not citizens of the United States and certain persons who are not individuals shall be ineligible to receive financial assistance under the price support and related programs administered by the Secretary of Agriculture.

United States · United States Congress · 9 April 1986

Makes individuals who are not U.S. citizens or nationals and specified foreign-controlled interests ineligible for agricultural price supports, loans, crop insurance, and disaster payments. Exempts a foreign interest operating a single small- or medium-sized family farm from such prohibition.

A concurrent resolution expressing the sense of the Congress with respect to the milk production termination program.

United States · United States Congress · 9 April 1986

Expresses the sense of the Congress that the Secretary of Agriculture shall take specified steps to address the current instability in the red meat market, including additional Federal purchases and proportional spacing of dairy cattle slaughter.

A bill to appropriate $10,000,000 to the Dairy Indemnity Program.

United States · United States Congress · 9 April 1986

Appropriates a specified amount to the dairy indemnity program for FY 1986.

A bill to provide that certain individuals who are not citizens or nationals of the United States and certain persons who are not individuals shall be ineligible to receive financial assistance under price support and related programs administered by the Secretary of Agriculture.

United States · United States Congress · 8 April 1986

Makes individuals who are not U.S. citizens or nationals and specified foreign-controlled interests ineligible for agricultural price supports, loans, crop insurance, and disaster payments. Exempts a foreign interest operating a single small- or medium-sized family farm from such prohibition.

A resolution expressing the sense of the United States House of Representatives that the Secretary of Agriculture should investigate identification procedures to be used in lieu of the hot-iron branding of animals' cheeks.

United States · United States Congress · 8 April 1986

Expresses the sense of the House of Representatives that the Secretary of Agriculture should take immediate steps to investigate alternative animal identification procedures in lieu of hot-iron cheek branding.

A concurrent resolution to express the sense of Congress with respect to agricultural loan restructuring.

United States · United States Congress · 8 April 1986

Expresses the sense of the Congress that the Farm Credit Administration and its associated agencies and institutions should take additional actions to alleviate the agricultural financial situation, including restructuring, rather than foreclosing, loans.

A bill to appropriate $10 million to the Dairy Indemnity Program.

United States · United States Congress · 27 March 1986

Appropriates $10,000,000 to the dairy indemnity program for FY 1986.

A resolution to express the sense of the Senate that the Secretary of Agriculture should continue to fully participate in the cooperative Federal-State program to detect, control, and eradicate citrus canker infestation in the State of Florida.

United States · United States Congress · 27 March 1986

Expresses the sense of the Senate that the Secretary of Agriculture should continue to fully participate in the cooperative Federal-State citrus canker control program in Florida.

A resolution to express the sense of the Senate that the State of Florida and the Secretary of Agriculture should participate in the cooperative Federal-State program to detect, control, and eradicate citrus canker infestation in the State of Florida.

United States · United States Congress · 27 March 1986

Expresses the sense of the Senate that: (1) Florida should participate in the cooperative Federal-State citrus canker control program in accordance with a specified agreement between the Secretary of Agriculture and Florida; and (2) if Florida participates in such program, so should the Secretary.

A concurrent resolution to express the sense of Congress with respect to agricultural loan restructuring.

United States · United States Congress · 27 March 1986

Expresses the sense of the Congress that the Farm Credit Administration and its associated agencies and institutions should take additional actions to alleviate the agricultural financial situation, including restructuring, rather than foreclosing, loans.

Food Stamp Cost Avoidance Act of 1986

United States · United States Congress · 26 March 1986

Food Stamp Cost Avoidance Act of 1986 - Title I: Food Stamp and Related Provisions - Subtitle A: Food Stamp Provisions - Amends the Food Stamp Act to repeal the provision granting automatic food stamp program (program) eligibility to households made up completely of persons receiving supplemental security income benefits, aid to families with dependent children benefits, or aid to the aged, blind, or disabled. Reduces for program purposes: (1) the earned income deduction; and (2) the excess shelter deduction. Repeals the separate deduction for dependent care. Repeals specified provisions regarding standard utility allowances. Amends specified provisions relating to household resource limitations. Repeals the provisions: (1) requiring the Secretary of Agriculture to conduct program quality control standards; and (2) imposing a six-month moratorium on error rate penalties. Repeals specified FY 1987 through 1990 authorizations for the Puerto Rico block grant program. Subtitle B: Commodity Distribution Provisions - Amends the Agriculture and Consumer Protection Act of 1973 to repeal the provision for additional commodity distribution program sites. Subtitle C: Nutrition and Miscellaneous Provisions - Amends the Food Security Act of 1985 to repeal the expanded food and nutrition education program authorized by such Act. Title II: Deficit Reduction - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to subject the food stamp program, the supplemental food program for women, infants, and children, and the child nutrition programs to sequestration under such Act.

A resolution to express the sense of the Senate that Americans are encouraged to consume meat and meat food products.

United States · United States Congress · 20 March 1986

Expresses the sense of the Senate that Americans are encouraged to consume meat and meat food products.