H.R. 2324 (100th): Farm Credit Borrower Relief, System Reform and Local Control Act of 1987


May 7, 1987
100th Congress, 1987–1988

Died in a previous Congress

This bill was introduced on May 7, 1987, in a previous session of Congress, but was not enacted.


Charles Rose III

Representative for North Carolina's 7th congressional district


About the bill

Full Title

A bill to amend the Farm Credit Act of 1971 to provide Farm Credit System stockholder/borrowers with a multi-point program of relief and reform, and to assure the long-term health and stability of Farm Credit Banks and associations through local control.

Summary (CRS)

5/7/1987--Introduced.Farm Credit Borrower Relief, System Reform and Local Control Act of 1987 - TitleI - Interest Rate ReductionProvides for: (1) a mandatory interest rate reduction of at least seven percent ... Read more >

The bill’s title was written by its sponsor.


May 7, 1987

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 2324”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


11 cosponsors (10D, 1R) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 3030 (Related)
Agricultural Credit Act of 1987

Enacted — Signed by the President
Jan 6, 1988

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Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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