United States · Bill · HR
H.R. 4853 (99th)
Farm Mortgage Guarantee Act of 1986
Introduced
20 May 1986
Last action
—
Status
Unfavorable Executive Comment Received From USDA.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Farm Mortgage Guarantee Act of 1986 - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to purchase or repurchase specified farm real estate loans. Directs the Secretary to guarantee such loans on terms that will assure them of an adequate secondary market. Authorizes the Secretary to similarly guarantee farm real estate loans held by the Farmers Home Administration (FmHA) or other qualifying institution . Authorizes the Secretary to offer for sale such guaranteed FmHA-held loans. Establishes the: (1) Farm Mortgage Revolving Fund; and (2) Farm Real Estate Insurance Fund. Terminates loan guarantee authority under this Act as of December 31, 1991.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
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 · 20 May 1986
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4853
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4853