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United States · Bill · HR

H.R. 1463 (99th)

Farm Credit Administration Act of 1985

openUnited States· United States Congress· EN

Introduced

7 March 1985

Last action

Status

Executive Comment Requested from USDA.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Farm Credit Administration Act of 1985 - Amends the Farm Credit Act of 1971 to direct the Federal Land Banks to offer 20-year mortgage loans for agricultural or aquacultural land purchases. Sets forth lending limits on fully and non-fully secured loans. Directs the Farm Credit Administration to establish a central reserve for the Farm Credit System (FCS). Sets forth operating provisions. Directs the Comptroller General to: (1) audit FCS for FY 1985 and for each fifth fiscal year thereafter; and (2) report to the Congress.

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Documents

1 official file

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