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HR 1050 100th Congress House

FmHA Leadership Act of 1987

Official title: A bill to direct the Secretary of Agriculture to grant more reductions of outstanding loan principal to marginal farm borrowers, and for other purposes.

Introduced: February 18, 1987 See on congress.gov
Agriculture and Food Agricultural creditAgricultural economicsAgriculture and Rural Affairs
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action October 6, 1987

See H.R.3030.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • HR 3030 Related bill Agricultural Credit Act of 1987
 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Mfume, Kweisi
Maryland · Feb 18, 1987
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1050: FmHA Leadership Act of 1987. 100th Congress. Open America. https://openamerica.io/bill/100-HR-1050/
MLA
"H.R. 1050: FmHA Leadership Act of 1987." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-1050/.
Bluebook (legal)
H.R. 1050, 100th Cong. (2026), https://openamerica.io/bill/100-HR-1050/.
Markdown link
[H.R. 1050: FmHA Leadership Act of 1987](https://openamerica.io/bill/100-HR-1050/)
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