United States · Bill · S
S. 2790 (97th)
Farm Storage Facility Loan Act of 1982
Introduced
29 July 1982
Last action
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Status
Committee on Agriculture requested executive comment from Agriculture Department.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Farm Storage Facility Loan Act of 1982 - Amends the Commodity Credit Corporation Charter Act to require the Commodity Credit Corporation to make onfarm storage facility loans to producers of wheat, corn, oats, barley, dry edible beans, soybeans, and high moisture forage silage under the following conditions; (1) a $40,000,000 maximum total annual principal indebtedness; (2) a $50,000) (currently, $25,000) loan limit per producer; (3) a maximum 20 percent (currently, 30 percent) farmer equity allowance; (4) eligibility for three-year capacity facilities; and (5) an eight-year (currently, five-year) repayment period.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 29 July 1982
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/2790
- Open data entity: https://api.congress.gov/v3/bill/97/s/2790