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United States · Bill · HR

H.R. 1191 (99th)

Emergency Farm Bank Assistance Act

referredUnited States· United States Congress· EN

Introduced

21 February 1985

Last action

Status

Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Emergency Farm Bank Assistance Act - Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation to use its authority under the Net Worth Certificate Act to purchase net worth certificates of certain qualified financial institutions which make more than 25 percent of their loans to farmers. Repeals this Act after five years. Amends the Garn-St Germain Depository Institutions Act of 1982 to extend the Net Worth Certificate Act by five years.

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Documents

1 official file

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