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United States · Bill · HR

H.R. 5497 (99th)

Farm Credit System Borrower Interest Rate Relief Act of 1986

openUnited States· United States Congress· EN

Introduced

10 September 1986

Last action

29 September 1986 · Committee

Status

Unfavorable Executive Comment Received From FCA.

Sponsors

Rep. Jones, Ed [D-TN-8], Sen. Akaka, Daniel K. [D-HI], Rep. Alexander, Bill [D-AR-1], Rep. Anthony, Beryl, Jr. [D-AR-4], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Bateman, Herbert H. [R-VA-1], Rep. Bedell, Berkley W. [D-IA-6], Rep. Bevill, Tom [D-AL-4], Rep. Boehlert, Sherwood [R-NY-24], Rep. Boner, William H. [D-TN-5], Sen. Breaux, John B. [D-LA], Rep. Brown, George E., Jr. [D-CA-42], Rep. Bruce, Terry L. [D-IL-19], Rep. Burton, Dan [R-IN-5], Rep. Byron, Beverly B. [D-MD-6], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Combest, Larry [R-TX-19], Rep. Cooper, Jim [D-TN-5], Rep. Darden, George (Buddy) [D-GA-7], Sen. Daschle, Thomas A. [D-SD], Rep. Derrick, Butler C. [D-SC-3], Rep. Dowdy, Wayne [D-MS-4], Sen. Durbin, Richard J. [D-IL], Rep. Dyson, Roy [D-MD-1], Rep. Edgar, Robert W. [D-PA-7], Rep. English, Glenn [D-OK-6], Rep. Erdreich, Ben [D-AL-6], Rep. Evans, Lane [D-IL-17], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Foley, Thomas S. [D-WA-5], Rep. Ford, Harold E. [D-TN-9], Sen. Fowler, Wyche, Jr. [D-GA], Rep. Franklin, William W. [R-MS-2], Rep. Gaydos, Joseph M. [D-PA-20], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Glickman, Dan [D-KS-4], Rep. Gordon, Bart [D-TN-6], Rep. Hatcher, Charles [D-GA-2], Rep. Hubbard, Carroll, Jr. [D-KY-1], Rep. Huckaby, Thomas J. (Jerry) [D-LA-5], Sen. Jeffords, James M. [I-VT], Rep. Johnson, Nancy L. [R-CT-5], Rep. Jones, Walter B. [D-NC-1], Rep. Jones, James R. [D-OK-1], Rep. Kaptur, Marcy [D-OH-9], Rep. Kemp, Jack [R-NY-31], Rep. Kindness, Thomas N. [R-OH-8], Rep. Kolter, Joseph P. [D-PA-4]

Subjects

Agriculture

Source updated

29 August 2025

Agriculture

Summary

Farm Credit System Borrower Interest Rate Relief Act of 1986 - States that it is the policy of the Congress that Farm Credit System (System) institutions should take steps to establish competitive interest rates based on the marginal cost of funds. Amends the Farm Credit Act of 1971 to repeal provisions for Farm Credit Administration (FCA) approval of interest rates charged by Federal land banks, Federal intermediate credit banks, and banks for cooperatives. Prohibits the FCA from requiring System institutions to maintain capital levels by charging interest rates in excess of commercial rates.

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

Timeline

  1. 10 September 1986

    Introduced

    Referred to House Committee on Agriculture.

    Source: IntroReferral

  2. 10 September 1986

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 September 1986

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 September 1986

    Referred

    Referred to Subcommittee on Conservation Credit and Rural Development.

    Source: Committee

  5. 15 September 1986

    Committee

    Executive Comment Requested from UDSA, FCA.

    Source: Committee

  6. 18 September 1986

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  7. 29 September 1986

    Committee

    Unfavorable Executive Comment Received From FCA.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Showing 48 of 141 sponsors and actors.

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Sources

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