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HR 2401 102th Congress House Agriculture and Food Agricultural credit Agricultural economics Farm lands Farmers Federal advisory bodies Federally-guaranteed loans Interest rates

Beginning Farmer and Rancher Credit Act of 1991

Introduced: May 20, 1991 See on congress.gov
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 9, 1992
See H.R.4906.
May 23, 1991
Executive Comment Requested from USDA.
May 23, 1991
Referred to the Subcommittee on Conservation, Credit, and Rural Development.
May 23, 1991
Referred to the Subcommittee on Forests, Family Farms, and Energy.
May 20, 1991
Referred to the House Committee on Agriculture.
May 20, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Beginning Farmer and Rancher Credit Act of 1991 - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish a farm ownership down payment loan program.

Provides for: (1) Federal-State assistance coordination for beginning farmers and ranchers; and (2) the establishment of an Advisory Committee on Beginning Farmers and Ranchers.

Targets farm ownership loans, loan guarantees, and interest rate assistance to beginning farmers and ranchers.

Reduces maximum amounts for farm ownership and operating loans and loan guarantees.

What's happening now April 9, 1992

See H.R.4906.

 Committees of jurisdiction 3