A bill to amend the Agricultural Act of 1949 to increase the levels of loans available with respect to the 1982 through 1985 crops of wheat and feed grains, to require the Secretary of Agriculture to exercise certain existing authority with respect to agricultural loans, and for other purposes.

Summary

Amends the Agricultural Act of 1949 to raise the price support level for the 1982-1985 corn crops from $2.55 to $3.10 per bushel, and the minimum price from $2 to $2.55 per bushel. Raises the price support level for the 1982-1985 wheat crops from $3.55 to $4.30 per bushel, and the minimum price from $3 to $3.75 per bushel. Provides for a one-year moratorium on farm loan repayments and mortgage foreclosures. Amends the Emergency Agricultural Credit Adjustment Act of 1978 to require (currently authorizes) the Secretary of Agriculture to make emergency loan funds available.

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 · 22 April 1982

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.