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S 1835 102th Congress Senate 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: October 16, 1991 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 1992
Referred to Subcommittee on Agricultural Credit.
Oct 16, 1991
Read twice and referred to the Committee on Agriculture.
Oct 16, 1991
Introduced in Senate
 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, 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 March 18, 1992

Referred to Subcommittee on Agricultural Credit.

 Committees of jurisdiction 2