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

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.



Aug 7, 1987
100th Congress, 1987–1988

Died in a previous Congress

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


John Melcher

Senator from Montana



Aug 7, 1987

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.

S. 1665 (100th) was 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.

This bill was introduced in the 100th Congress, which met from Jan 6, 1987 to Oct 22, 1988. Legislation not enacted by the end of a Congress is cleared from the books.

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