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United States · Resolution · SCONRES

S.Con.Res. 17 (99th)

A concurrent resolution relating to discount interest rates for distressed agricultural lenders.

referredUnited States· United States Congress· EN

Introduced

20 February 1985

Last action

20 February 1985 · Introduced

Status

Read twice and referred to the Committee on Banking.

Sponsors

Sen. Melcher, John [D-MT], Sen. Grassley, Chuck [R-IA], Sen. Zorinsky, Edward [D-NE], Sen. Baucus, Max [D-MT], Sen. Burdick, Quentin N. [D-ND]

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Expresses the sense of the Congress that the Federal Reserve Board, in cooperation with the Federal Deposit Insurance Corporation, should provide $3.5 billion in direct credit to distressed agricultural lenders at discount window interest rates under the procedures used in the Continental Illinois Bank package so as to avoid adding to the budget deficit.

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

Timeline

  1. 20 February 1985

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 20 February 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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