About the bill
- Full Title
A bill to increase the amount of capital available to financial institutions and other agricultural lenders for loans to farmers by providing a secondary market for farm mortgages through the establishment of a federally chartered corporation, and for other purposes.
- Summary (CRS)
1/7/1987--Introduced.Farm Mortgage Marketing Corporation Act of 1987 - Establishes the Farm Mortgage Marketing Corporation. Provides for a five-member Board of Directors. Authorizes the Corporation, with specified limitations, to buy farm ...
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The bill’s title was written by its sponsor.
Jun 26, 1986
Earlier Version —
This activity took place on a related bill, H.R. 5132 (99th).
Jan 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. 497”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
18 cosponsors (10D, 8R)
- 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. 5132 (99th)
was a previous version of this bill.
Referred to Committee
Last Action: Jun 26, 1986
Agricultural Credit Act of 1987
Enacted — Signed by the President
Jan 6, 1988
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Links & tools
Click a format for a citation suggestion:
Civic Impulse. (2015). H.R. 497 — 100th Congress: Farm Mortgage Marketing Corporation Act of 1987. Retrieved from https://www.govtrack.us/congress/bills/100/hr497
“H.R. 497 — 100th Congress: Farm Mortgage Marketing Corporation Act of 1987.” www.GovTrack.us. 1987. October 7, 2015 <https://www.govtrack.us/congress/bills/100/hr497>
|title=H.R. 497 (100th)
|accessdate=October 7, 2015
|author=100th Congress (1987)
|date=January 7, 1987
|quote=Farm Mortgage Marketing Corporation Act of 1987