PoliticalRepoPoliticalRepo

United States · Bill · S

S. 2521 (94th)

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

referredUnited States· United States Congress· EN

Introduced

9 October 1975

Last action

—

Status

Referred to Senate Committee on Agriculture and Forestry.

Sponsors

—

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Revises the Consolidated Farm and Rural Development Act by authorizing the Farmers Home Administration to make or insure loans to applicants who meet the current loan criteria for up to 25 percent or $50,000, whichever is less of the value of the farm. Replaces the current five percent interest rate with an interest rate determined by the cost of money to the Treasury. Increases the maximum loan per borrower from $50,000 to $100,000. Exempts the real estate, operating, and business loans that are guaranteed by the Government but funded by private lenders from inclusion in the Federal budget.

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

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.