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United States · Bill · S

S. 973 (101st)

Rural Capital Access Act of 1989

reportedUnited States· United States Congress· EN

Introduced

11 May 1989

Last action

14 June 1989 · Reported

Status

Committee on Agriculture. Provisions of measure incorporated into measure S. 1036 ordered to be reported.

Sponsors

Sen. Lugar, Richard G. [R-IN], Sen. Boschwitz, Rudy [R-MN], Sen. Dole, Robert J. [R-KS], Sen. Cochran, Thad [R-MS], Sen. Lott, Trent [R-MS], Sen. Kassebaum, Nancy Landon [R-KS]

Subjects

Agriculture

Source updated

26 August 2025

Agriculture

Official sourceDownload fileView documentsShare

Summary

Rural Capital Access Act of 1989 - Directs the Secretary of Agriculture to: (1) establish the Rural Capital Access Program to provide financial institutions with incentives to make rural business loans; and (2) establish the Rural Capital Access Fund to serve as a protective reserve account for such institutions. Authorizes FY 1990 through 1994 appropriations. Allocates State funds on the basis of rural population. Limits eligible loan amounts to $3,000,000. Sets forth program provisions, including initial program incentives of additional Federal contribution amounts and payment of claims with future contributions.

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

Timeline

  1. 11 May 1989

    Introduced

    Read twice and referred to the Committee on Agriculture.

    Source: IntroReferral

  2. 11 May 1989

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 14 June 1989

    Reported

    Committee on Agriculture. Provisions of measure incorporated into measure S. 1036 ordered to be reported.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 11 May 1989

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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