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United States · Bill · HR

H.R. 3388 (97th)

A bill to increase the interest rates for loans made or insured under the Consolidated Farm and Rural Development Act of water and waste disposal, and essential community facilities.

openUnited States· United States Congress· EN

Introduced

1 May 1981

Last action

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Status

For Further Action See H.R.3603.

Sponsors

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Subjects

Discovery layer

Source updated

5 February 2024

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Summary

Amends the Consolidated Farm and Rural Development Act to replace the current five percent interest ceiling on loans for water and waste disposal and community facilities with an adjustable ceiling based on current market yields for outstanding municipal obligations, plus not more than one percent.

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Documents

1 official file

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