Federal Agricultural Mortgage Corporation Financial Safety and Soundness Act of 1991

Summary

Federal Agricultural Mortgage Corporation Financial Safety and Soundness Act of 1991 - Amends the Farm Credit Act of 1971 to establish in the Treasury: (1) the Office of Secondary Market Examination and Oversight; and (2) the Agricultural Secondary Market Examination and Oversight Fund. Sets forth provisions regarding: (1) minimum and critical capital levels for the Federal Agricultural Mortgage Corporation; (2) conservatorship; (3) capital restoration plans; (4) judicial review; (5) cease and desist orders; (6) civil money penalties; (7) hearings; and (8) subpoena authority.

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

Timeline

1. 2 August 1991

   Introduced

   Referred to the House Committee on Agriculture.

   Source: IntroReferral

2. 2 August 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 August 1991

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 August 1991

   Referred

   Referred to the Subcommittee on Conservation, Credit, and Rural Development.

   Source: Committee

5. 8 October 1991

   Committee

   See H.R.3300.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 August 1991

  Open at official source

Sponsors

• Rep. Bereuter, Doug [R-NE-1] · R · Sponsor
• · hsag00 · Standing

Related records

• related to ← Federal Agricultural Mortgage Corporation Safety and Soundness Improvement Act of 1991