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United States · Bill · HR

H.R. 543 (99th)

Consecutive-Disaster Emergency Loan Act of 1985

openUnited States· United States Congress· EN

Introduced

21 January 1985

Last action

Status

Executive Comment Requested from USDA.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Consecutive-Disaster Emergency Loan Act of 1985 - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to make and insure disaster loans to persons engaged in aquaculture whose operations have been affected for at least three consecutive years by a designated natural disaster. Authorizes the Secretary to make such assistance available to aquaculture operators who have suffered production losses in adjacent counties. Directs the Secretary to conduct such loan program in a manner that will foster the family farms. Authorizes: (1) loan consolidation and refinancing; and (2) loan and foreclosure deferral for up to five years.

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1 official file

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