United States · Bill · S
S. 2967 (98th)
Agricultural Credit Assistance Act of 1984
Introduced
6 September 1984
Last action
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Status
Read twice and referred to the Committee on Agriculture.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Agricultural Credit Assistance Act of 1984 - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to temporarily take over lending institution-held agricultural loans (at from 75 percent to 95 percent of original value) at reduced interest rates. Requires the Secretary to issue such a lending institution an obligation for the amount of the take-over. Limits loan amounts to $750,000 and maximum interest rate buy-downs to five percent.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 6 September 1984
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/senate-bill/2967
- Open data entity: https://api.congress.gov/v3/bill/98/s/2967