United States · Bill · HR
H.R. 1559 (99th)
Agricultural Bank Capital Assistance Act
Introduced
19 March 1985
Last action
—
Status
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Sponsors
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Subjects
Discovery layer
Source updated
29 August 2025
Summary
Agricultural Bank Capital 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 have made more than 20 percent of their loans for agricultural purposes. Revises capital to adjusted total asset ratio requirements for such qualified institutions. Amends the Garn-St Germain Depository Institutions Act of 1982 to extend the Net Worth Certificate Act by three years.
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Documents
1 official file
Introduced in House
summary · EN · 19 March 1985
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/1559
- Open data entity: https://api.congress.gov/v3/bill/99/hr/1559