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United States · Bill · HR

H.R. 1310 (100th)

Emergency Farm Credit Act of 1987

referredUnited States· United States Congress· EN

Introduced

26 February 1987

Last action

26 February 1987 · Introduced

Status

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

Sponsors

Sen. Roberts, Pat [R-KS], Rep. Slattery, Jim [D-KS-2], Rep. Whittaker, Bob [R-KS-5], Rep. Stangeland, Arlan [R-MN-7], Rep. Smith, Virginia [R-NE-3], Rep. Penny, Timothy J. [D-MN-1], Rep. Jones, Walter B. [D-NC-1], Rep. Boulter, Beau [R-TX-13], Sen. Jeffords, James M. [I-VT], Rep. Lightfoot, Jim [R-IA-3], Rep. Weber, Vin [R-MN-2], Rep. Marlenee, Ron [R-MT-2], Rep. Dyson, Roy [D-MD-1], Rep. Taylor, G. [R-MO-7], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. McEwen, Bob [R-OH-6], Rep. Eckart, Dennis E. [D-OH-11], Rep. Edwards, Mickey [R-OK-5], Rep. Tauke, Thomas Joseph [R-IA-2], Sen. Craig, Larry E. [R-ID]

Subjects

Discovery layer

Source updated

28 August 2025

Official sourceView documentsShare

Summary

Emergency Farm Credit Act of 1987 - Amends the Federal Deposit Insurance Act to require Federal banking agencies to permit an agricultural bank to amortize over ten years any loss on a qualified agricultural loan that the bank would otherwise be required to show on an annual financial statement for 1984 through 1988. Allows such amortization only if there is no evidence that fraud or criminal abuse by the bank led to such losses. Requires a participating agricultural bank to maintain in its loan portfolio a percentage of agricultural loans not lower than such percentage as of January 1, 1985.

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

Timeline

  1. 26 February 1987

    Referred

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

    Source: Committee

  2. 26 February 1987

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  3. 26 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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