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United States · Bill · HR

H.R. 1050 (100th)

FmHA Leadership Act of 1987

openUnited States· United States Congress· EN

Introduced

9 February 1987

Last action

6 October 1987 · Committee

Status

See H.R.3030.

Sponsors

Rep. Dorgan, Byron L. [D-ND-At Large], Rep. Towns, Edolphus [D-NY-11], Rep. Kastenmeier, Robert W. [D-WI-2], Rep. Penny, Timothy J. [D-MN-1], Rep. Sabo, Martin Olav [D-MN-5], JOHN CONYERS, Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Bevill, Tom [D-AL-4], Rep. Coleman, Ronald D. [D-TX-16], Rep. Atkins, Chester G. [D-MA-5], Rep. Thomas, Lindsay [D-GA-1], Rep. Eckart, Dennis E. [D-OH-11], Rep. Pease, Donald J. [D-OH-13], Rep. Traxler, Bob [D-MI-8], Rep. Johnson, Tim [D-SD-At Large], Rep. McDade, Joseph M. [R-PA-10], Rep. Mfume, Kweisi [D-MD-7], Rep. Applegate, Douglas [D-OH-18], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Jeffords, James M. [R-VT-At Large], Rep. Lancaster, H. Martin [D-NC-3], Rep. McEwen, Bob [R-OH-6], Rep. Edwards, Mickey [R-OK-5], Rep. Watkins, Wes [D-OK-3], Rep. Sikorski, Gerry E. [D-MN-6], Rep. Kolter, Joseph P. [D-PA-4]

Subjects

Agriculture

Source updated

28 August 2025

Agriculture

Summary

FmHA Leadership Act of 1987 - Amends the Consolidated Farm and Rural Development Act to provide for loan principal reductions for marginal farm borrowers. Defines "marginal borrower" as a borrower who would not otherwise be able to meet his debt obligations unless the outstanding loan principal were reduced to the value of the securing property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 February 1987

    Introduced

    Referred to House Committee on Agriculture.

    Source: IntroReferral

  2. 9 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 11 February 1987

    Referred

    Referred to Subcommittee on Conservation Credit and Rural Development.

    Source: Committee

  5. 28 April 1987

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  6. 6 October 1987

    Committee

    See H.R.3030.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

Sources

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