United States · Bill · S
S. 2770 (99th)
Farm Credit System Borrower Interest Rate Relief Act of 1986
Introduced
15 August 1986
Last action
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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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Documents
1 official file
Introduced in Senate
summary · EN · 15 August 1986
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/senate-bill/2770
- Open data entity: https://api.congress.gov/v3/bill/99/s/2770