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United States · Bill · S

S. 1011 (104th)

Farm Credit System Regulatory Relief Act of 1995

referredUnited States· United States Congress· EN

Introduced

30 June 1995

Last action

30 June 1995 · Introduced

Status

Read twice and referred to the Committee on Agriculture.

Sponsors

Sen. Craig, Larry E. [R-ID], Sen. Heflin, Howell [D-AL], Sen. Lugar, Richard G. [R-IN], Sen. Leahy, Patrick J. [D-VT]

Subjects

Agriculture

Source updated

21 August 2025

Agriculture

Official sourceDownload fileView documentsShare

Summary

Farm Credit System Regulatory Relief Act of 1995 - Amends the Farm Credit Act of 1971 to extend the length of time between required Farm Credit Administration examinations of Farm Credit System (FCS) institutions. (Sec. 5) Directs the Farm Credit System Insurance Corporation (FCSIC) to allocate Farm Credit Insurance Fund excess interest earnings to FCS banks. (Sec. 6) Requires FCSIC to implement the least-cost alternative, including liquidation, in providing assistance to troubled FCS banks. (Sec. 8) States that FCSIC may not act as conservator or receiver of a FCS institution. (Sec. 9) Grants FCSIC exclusive authority to examine a FCS institution whose charter has been canceled. (Sec. 10) Sets forth specified FCSIC oversight and regulatory authority, including regulation of golden parachute and indemnification payments. (Sec. 11) Permits FCS associations to establish administrative service entities. (Sec. 12) Sets forth specified requirements for secondary market loan sales, including borrowers' rights. (Sec. 13) Revises certain paperwork, private sector certification, and operating provisions.

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

Timeline

  1. 30 June 1995

    Introduced

    Read twice and referred to the Committee on Agriculture.

    Source: IntroReferral

  2. 30 June 1995

    Introduced

    Sponsor introductory remarks on measure. (CR S9534-9536)

    Source: IntroReferral

  3. 30 June 1995

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 30 June 1995

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 30 June 1995

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 30 June 1995

    Open at official source

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Sponsors

Related records

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Sources

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