United States · Bill · S
S. 371 (99th)
Emergency Farm Credit Assistance Act of 1985
Introduced
31 January 1985
Last action
—
Status
Read twice and referred to the Committee on Agriculture.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Emergency Farm Credit Assistance Act of 1985 - Amends the Consolidated Farm and Rural Development Act to include "circumstances beyond the borrower's control" (such as income reduction due to death, unemployment, or disaster, or unplanned farm and home operating expenses) as a basis for loan or mortgage foreclosure deferral. Directs the Secretary of Agriculture to release to borrowers from normal income security (as defined by this Act) amounts sufficient to assure living and farm operating expenses.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 31 January 1985
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/senate-bill/371
- Open data entity: https://api.congress.gov/v3/bill/99/s/371