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United States · Bill · S

S. 2979 (97th)

Federal Grain Storage Insurance Act of 1982

openUnited States· United States Congress· EN

Introduced

29 September 1982

Last action

Status

Committee on Agriculture requested executive comment from Department of Agriculture.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Federal Grain Storage Insurance Act of 1982 - Establishes a Federal Grain Storage Insurance Corporation in the Department of Agriculture. Requires that a majority of the Corporations's Board be active farmers. Sets forth other administrative and operating provisions. Authorizes the Corporation to borrow up to $250,000,000 from the Treasury. Establishes a farmer-financed Grain Storage Insurance Fund in the Treasury. Sets forth provisions regarding: (1) grain insurance; (2) warehouse certification; and (3) criminal penalties. Makes such program effective if approved in a producer referendum to be held within 60 days.

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Documents

1 official file

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Sources

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