HR 1050
100th Congress
House
Agriculture and Food
Agricultural credit
Agricultural economics
Agriculture and Rural Affairs
FmHA Leadership Act of 1987
Introduced: February 9, 1987
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 1987
See H.R.3030.
Apr 28, 1987
Subcommittee Hearings Held.
Feb 11, 1987
Referred to Subcommittee on Conservation Credit and Rural Development.
Feb 9, 1987
Referred to House Committee on Agriculture.
Feb 9, 1987
Introduced in House
Plain-English summary
FmHA Leadership Act of 1987 - Amends the Consolidated Farm and Rural Development Act to provide for loan principal reductions for marginal farm borrowers.
Defines "marginal borrower" as a borrower who would not otherwise be able to meet his debt obligations unless the outstanding loan principal were reduced to the value of the securing property.
What's happening now
See H.R.3030.
Committees of jurisdiction
2
Cosponsors
1