H.Res. 204 (100th): A resolution expressing the sense of the House of Representatives that any legislation that provides additional financial assistance to the Farm Credit System should enable the banks and associations of the System to make loans at lower interest rates, ensure the continued participation of borrowers in the System, and assist borrowers to repay their loans obtained from banks and associations of the System.

Introduced:
Jun 18, 1987 (100th Congress, 1987–1988)
Status:
Died (Referred to Committee)
Sponsor
Byron Dorgan
Representative for North Dakota At Large
Party
Democrat
Related Bills
H.R. 3030 (Related)
Agricultural Credit Act of 1987

Signed by the President
Jan 06, 1988

 
Status

This resolution was introduced on June 18, 1987, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 18, 1987
Referred to Committee Jun 18, 1987
 
Summary

No summaries available.

Cosponsors
2 cosponsors (2D) (show)
Committees

House Agriculture

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.Res. stands for House simple resolution.

A simple resolution is used for matters that affect just one chamber of Congress, often to change the rules of the chamber to set the manner of debate for a related bill. It must be agreed to in the chamber in which it was introduced. It is not voted on in the other chamber and does not have the force of law.

The resolution’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/18/1987--Introduced.
Expresses the sense of the House of Representatives that any Federal legislation enacted to increase financial assistance to the Farm Credit System (FCS) should:
(1) enable FCS banks and associations to offer loans at lower interest rates than would be possible without the assistance;
(2) ensure the continued participation of borrowers in the management and control of the FCS;
(3) require FCS entities to reduce loan repayment obligations as necessary if the reduction is less costly than foreclosure or legal actions with respect to debtors unable to make payments; and
(4) encourage FCS banks and associations to take part in State mediation programs conducted by independent arbitrators and to offer delinquent borrowers opportunities to restructure their loans.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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