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United States · Bill · HR

H.R. 4129 (103rd)

Rural Credit and Development Act of 1994

openUnited States· United States Congress· EN

Introduced

24 March 1994

Last action

21 July 1994 · Committee

Status

Subcommittee Hearings Held.

Sponsors

Rep. Clayton, Eva M. [D-NC-1], Rep. Rose, Charlie [D-NC-7], Rep. Ballenger, Cass [R-NC-10], Rep. Hefner, W. G. (Bill) [D-NC-8], DAVID PRICE, Rep. Baesler, Scotty [D-KY-6], Bennie Thompson, Rep. Towns, Edolphus [D-NY-11], Rep. Meek, Carrie P. [D-FL-17], Rep. Dicks, Norman D. [D-WA-6], Rep. Barcia, James A. [D-MI-5], Rep. Murphy, Austin J. [D-PA-22], Rep. Brown, Corrine [D-FL-5], Sanford Bishop, Rep. Johnson, Don [D-GA-10], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Taylor, Charles H. [R-NC-11], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Coble, Howard [R-NC-6], Rep. Woolsey, Lynn C. [D-CA-6], Rep. McHugh, John M. [R-NY-23], James Clyburn, Rep. Stump, Bob [R-AZ-3], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Watt, Melvin L. [D-NC-12], Rep. Valentine, Tim [D-NC-2], Rep. Clement, Bob [D-TN-5], Rep. Wilson, Charles [D-TX-2], Rep. Walsh, James T. [R-NY-27], Rep. Skeen, Joe [R-NM-2], Rep. Clinger, William F., Jr. [R-PA-23], Rep. Boehlert, Sherwood [R-NY-25], Rep. Darden, George (Buddy) [D-GA-7], Rep. Mink, Patsy T. [D-HI-2], Rep. Sisisky, Norman [D-VA-4], Rep. Ravenel, Arthur, Jr. [R-SC-1], LOUISE SLAUGHTER, Rep. Hochbrueckner, George J. [D-NY-1], Rep. Pastor, Ed [D-AZ-7], Rep. Neal, Stephen L. [D-NC-5], Rep. Spence, Floyd [R-SC-2], Rep. Solomon, Gerald B. H. [R-NY-24], Rep. Schiff, Steven [R-NM-1], Rep. Gallegly, Elton [R-CA-21], Rep. Olver, John W. [D-MA-1], Rep. Wise, Robert E., Jr. [D-WV-3], Rep. Danner, Pat [D-MO-6], Rep. Lehman, Richard H. [D-CA-18]

Subjects

Housing, Agriculture, Transport

Source updated

26 August 2025

Housing · Agriculture · Transport

Official sourceDownload fileView documentsShare

Summary

TABLE OF CONTENTS: Title I: Credit for Rural Business Enterprises Title II: Credit for Rural Infrastructure Title III: Credit for Rural Housing Rural Credit and Development Act of 1994 - Title I: Credit for Rural Business Enterprises - Amends the Farm Credit Act of 1971 to permit farm credit banks and production credit associations to purchase loans and loan interests from non-Farm Credit System institutions. Enlarges the scope of farm-related business for credit availability purposes. Authorizes banks for cooperatives to provide loans and other financial services to entities providing certain farm-related services or products under specified conditions. Title II: Credit for Rural Infrastructure - Authorizes Farm Credit banks to make community facility loans. Authorizes banks for cooperatives to finance utility-related services. Title III: Credit for Rural Housing - Enlarges rural housing credit availability by: (1) increasing eligible population areas; (2) increasing farm credit bank and production credit association loan portfolios for non-farmer rural housing loans; and (3) authorizing loans to rural residents for personal, family, or household needs other than housing finance.

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

Timeline

  1. 24 March 1994

    Introduced

    Referred to the House Committee on Agriculture.

    Source: IntroReferral

  2. 24 March 1994

    Introduced

    Sponsor introductory remarks on measure. (CR H2159-2160)

    Source: IntroReferral

  3. 24 March 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 24 March 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 31 March 1994

    Committee

    Executive Comment Requested from USDA.

    Source: Committee

  6. 31 March 1994

    Referred

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

    Source: Committee

  7. 21 July 1994

    Committee

    Subcommittee Hearings Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

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Related records

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Sources

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