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United States · Bill · S

S. 2851 (108th)

A bill to amend the Farm Credit Act of 1971 to establish certain conditions under which a Farm Credit System institution can terminate its status as a System institution.

referredUnited States· United States Congress· EN

Introduced

28 September 2004

Last action

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S9814)

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Farm Credit Act of 1971 with respect to the termination of a Farm Credit System institution's participant status to require the Farm Credit Administration to: (1) hold public hearings in the affected States; and (2) not approve or disapprove the termination plan until at least 180 days after its submission.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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