United States · Bill · S
S. 1487 (101st)
A bill to provide that certain borrowers who restructure loans made by the Farmers Home Administration under net recovery buy-out provisions shall be subject to shared appreciation arrangements.
Introduced
3 August 1989
Last action
—
Status
Referred to Subcommittee on Agricultural Credit.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Consolidated Farm and Rural Development Act to require (current law merely authorizes) certain borrowers who terminate loan obligations on a restructured Farmers Home Administration loan to enter into a shared appreciation arrangement with the Secretary of Agriculture.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in Senate (text)
Introduced in Senate · EN
Introduced in Senate
summary · EN · 3 August 1989
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/senate-bill/1487
- Open data entity: https://api.congress.gov/v3/bill/101/s/1487