A bill to amend the Emergency Livestock Credit Act of 1974 to provide additional temporary financial assistance to owners of livestock for the purpose of maintaining small farmers and ranchers and thereby preserving a competitive livestock production system.

Summary

Provides additional financial assistance, under the Emergency Livestock Credit Act, to owners of livestock who have suffered severe financial losses as a result of factors over which such owners had no control. Extends the repayment period for such financial assistance from a maximum of three years to a maximum of twenty years. Requires the Secretary of Agriculture to provide such financial assistance without regard to the amount of indebtedness or lack of security of the borrower as long as there is a reasonable probability of repayment of the loan.

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

Timeline

1. 12 March 1975

   Introduced

   Referred to House Committee on Agriculture.

   Source: IntroReferral

2. 12 March 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 March 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 12 March 1975

  Open at official source

Sponsors

• Rep. Abdnor, James [R-SD-2] · R · Sponsor
• Rep. Gilman, Benjamin A. [R-NY-26] · R · Cosponsor
• Rep. Andrews, Mark [R-ND-At Large] · R · Cosponsor
• Rep. Lott, Trent [R-MS-5] · R · Cosponsor
• Rep. Steiger, Sam [R-AZ-3] · R · Cosponsor
• Rep. Thone, Charles [R-NE-1] · R · Cosponsor
• Rep. Sikes, Robert L. F. [D-FL-1] · D · Cosponsor
• · hsag00 · Standing

Related records

• related to → A bill to amend the Emergency Livestock Credit Act of 1974 to provide additional temporary financial assistance to owners of livestock for the purpose of maintaining small farmers and ranchers and thereby preserving a competitive livestock production system.