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United States · Bill · S

S. 2770 (99th)

Farm Credit System Borrower Interest Rate Relief Act of 1986

openUnited States· United States Congress· EN

Introduced

15 August 1986

Last action

Status

Committee on Agriculture received executive comment from Farm Credit Administration. Unfavorable.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Farm Credit System Borrower Interest Rate Relief Act of 1986 - States that it is the policy of the Congress that Farm Credit System (System) institutions should take steps to establish competitive interest rates based on the marginal cost of funds. Amends the Farm Credit Act of 1971 to repeal provisions for Farm Credit Administration (FCA) approval of interest rates charged by Federal land banks, Federal intermediate credit banks, and banks for cooperatives. Prohibits the FCA from requiring System institutions to maintain capital levels by charging interest rates in excess of commercial rates.

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1 official file

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