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United States · Bill · S

S. 505 (95th)

Emergency Farm Grain Storage Facilities Construction Act

referredUnited States· United States Congress· EN

Introduced

28 January 1977

Last action

—

Status

Referred to Senate Committee on Agriculture and Forestry (Subsequently: Agriculture, Nutrition and Forestry).

Sponsors

—

Subjects

Discovery layer

Source updated

2 September 2025

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Summary

Emergency Farm Grain Storage Facilities Construction Act - Directs the Secretary of Agriculture, through the Commodity Credit Corporation, to guarantee loans to wheat and feed grains producers for the construction of storage facilities. Provides for a guarantee with respect to 90 percent of the total construction cost, not to exceed $50,000. Sets a formula for determining the proper size of a storage facility for which a loan may be guaranteed under this Act. Sets the loan term at no more than ten years.

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1 official file

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