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United States · Bill · S

S. 776 (99th)

Farm Emergency Credit Act of 1985

openUnited States· United States Congress· EN

Introduced

28 March 1985

Last action

15 April 1985 · Calendars

Status

Read the second time and placed on the Calendar. General Orders. Calendar No. 79.

Sponsors

Sen. Dixon, Alan J. [D-IL], Sen. Grassley, Chuck [R-IA], Sen. Simon, Paul [D-IL], Sen. Abdnor, James [R-SD], Sen. Melcher, John [D-MT], Sen. Pressler, Larry [R-SD], Sen. Levin, Carl [D-MI], Sen. Pryor, David H. [D-AR], Sen. Burdick, Quentin N. [D-ND], Sen. Bumpers, Dale [D-AR], Sen. Andrews, Mark [R-ND], Sen. Harkin, Tom [D-IA], Sen. Heflin, Howell [D-AL], Sen. Eagleton, Thomas F. [D-MO], Sen. Hollings, Ernest F. [D-SC]

Subjects

Agriculture

Source updated

29 August 2025

Agriculture

Official sourceView documentsShare

Summary

Farm Emergency Credit Act of 1985 - Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to make advance (recourse) price support loans available for 1985 to producers unable to secure sufficient credit elsewhere. Makes up to one-third of such crop eligible for advance payments. Permits loan conversion to nonrecourse status upon harvest and availability as loan collateral. Administers such program through the Commodity Credit Corporation and the local farmer committees. Requires a participating producer to: (1) obtain crop insurance if available; and (2) use his crop as loan collateral. Limits loans to any single person to $30,000. Directs the Secretary to take immediate steps to make personnel and other Department of Agriculture resources available to improve the administration of such program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 March 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 28 March 1985

    Calendars

    Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

  3. 28 March 1985

    Introduced

    Introduced in the Senate, read the first time.

    Source: IntroReferral

  4. 15 April 1985

    Calendars

    Read the second time and placed on the Calendar. General Orders. Calendar No. 79.

    Source: Calendars

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

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Sponsors

Related records

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Sources

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