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United States · Bill · HR

H.R. 5435 (94th)

Consolidated Farm and Rural Development Act Emergency Loan Amendments

referredUnited States· United States Congress· EN

Introduced

25 March 1975

Last action

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Status

Referred to House Committee on Agriculture.

Sponsors

—

Subjects

Discovery layer

Source updated

2 September 2025

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Summary

Consolidated Farm and Rural Development Act Emergency Loan Amendments - Expands the Consolidated Farm and Rural Development Act to provide loans to cover crop losses and all other losses resulting from natural disasters relating to agricultural endeavors. Increases the rate of interest charged on loans made under this Act from three to five percent per annum and sets a twenty year period for repayment of such loans. Authorizes the Secretary of Agriculture to suspend repayment of such loans for a period of five years if the Secretary determines it is necessary to avoid severe financial hardships.

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1 official file

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