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United States · Bill · S

S. 2552 (115th)

Farm Service Agency Loan Flexibility Act

referredUnited States· United States Congress· EN

Introduced

14 March 2018

Last action

14 March 2018 · Introduced

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsors

Sen. Peters, Gary C. [D-MI], Sen. Perdue, David [R-GA]

Subjects

Agriculture

Source updated

11 August 2025

Agriculture

Summary

Farm Service Agency Loan Flexibility Act This bill amends the Consolidated Farm and Rural Development Act to authorize the Department of Agriculture (USDA) to make or guarantee certain farm loans that exceed the aggregate principal amount authorized for the year by up to 25% if the need for loans exceeds the authorized limit. For any year in which USDA uses the authority provided by this bill, USDA may use funds from the Commodity Credit Corporation that are equal to the difference between: (1) the cost of making or guaranteeing the farm loans for that year, and (2) the appropriations provided for the loans for that year.

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

Timeline

  1. 14 March 2018

    Introduced

    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    Source: IntroReferral

  2. 14 March 2018

    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 · 14 March 2018

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 14 March 2018

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 14 March 2018

    Open at official source

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Sponsors

Related records

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Sources

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