S. 1665 (100th): Farm Credit Act of 1987

Introduced:

Aug 7, 1987
100th Congress, 1987–1988

Status:
Died in a previous Congress

This bill was introduced on November 4, 1987, in a previous session of Congress, but was not enacted.

Sponsor:

John Melcher

Senator from Montana

Democrat

About the bill

Full Title

A bill to amend the Farm Credit Act of 1971 to ensure the continuation of the Farm Credit System as a source of agricultural credit at fair and competitive rates; to increase farmer and rancher participation in the Farm Credit System; to restore the impairment of borrower stock in Farm Credit System institutions; to reform the lending practices on the Farm Credit System; to require forbearance on and restructuring of certain high-risk and nonaccrual loans; and for other purposes.

The bill’s titles are written by its sponsor.

Read CRS Summary >

History

Aug 7, 1987
 
Introduced

This is the first step in the legislative process.

Nov 4, 1987
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

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