A bill to provide for the acquisition, by the Farm Credit System Capital Corporation, of real estate assets of Federal land banks, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

4 February 1987

Last action

—

Status

Referred to Subcommittee on Conservation Credit and Rural Development.

Summary

Requires the Farm Credit System Capital Corporation, at the request of a Federal land bank, to purchase real estate assets of such bank through September 30, 1990. Authorizes the Corporation to finance such activities through sales of long-term obligations. Prohibits the sale or permanent transfer of such assets if such sale or transfer will adversely affect local farm real estate values.

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Documents

1 official file

Introduced in House
summary · EN · 4 February 1987
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/986
Open data entity: https://api.congress.gov/v3/bill/100/hr/986