A bill to amend the Consolidated Farm and Rural Development Act.

Summary

Amends the Consolidated Farm and Rural Development Act to establish a flat interest rate of five percent per year on emergency loans, regardless of whether the amount of a loan exceeds the amount of actual loss caused by a disaster. Reduces from 20 percent to ten percent the loss of production an applicant must show to be sustained as a result of a disaster, if such applicant seeks financial assistance based on production losses.

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

Timeline

1. 27 April 1977

   Introduced

   Referred to House Committee on Agriculture.

   Source: IntroReferral

2. 27 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 April 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 27 April 1977

  Open at official source

Sponsors

• Rep. Sisk, B. F. [D-CA-15] · D · Sponsor
• · hsag00 · Standing

Related records

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