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HR 2029 104th Congress House Agriculture and Food Accounting Administrative procedure Agricultural cooperatives Agricultural credit Agricultural economics Aquaculture Auditing Bank capital Bank directors Bank employees Bank examination Bank failures Bank fraud Bank loans Bank management Bank mergers Bank records Bank reserves Bankruptcy

Farm Credit System Reform Act of 1996

Introduced: July 13, 1995 See on congress.gov
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 Everywhere this bill has been 37 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 10, 1996
Became Public Law No: 104-105.
Feb 10, 1996
Signed by President.
Jan 31, 1996
Presented to President.
Jan 30, 1996
Message on Senate action sent to the House.
Jan 26, 1996
Senate agreed to the House amendment to the Senate amendment by Voice Vote. (consideration: CR S531-538)
Jan 26, 1996
Resolving differences -- Senate actions: Senate agreed to the House amendment to the Senate amendment by Voice Vote.(consideration: CR S531-538)
Jan 4, 1996
Message on House action received in Senate and at the desk: House amendment to Senate amendment.
Jan 3, 1996
Motion to reconsider laid on the table Agreed to without objection.
Jan 3, 1996
On motion that the House agree with an amendment to the Senate amendments Agreed to without objection. (consideration: CR H33-48)
Jan 3, 1996
Resolving differences -- House actions: On motion that the House agree with an amendment to the Senate amendments Agreed to without objection.(consideration: CR H33-48)
Jan 3, 1996
Mr. Emerson asked unanimous consent that the House agree with an amendment to the Senate amendments.
Dec 22, 1995
Message on Senate action sent to the House.
Dec 21, 1995
Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Dec 21, 1995
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Dec 21, 1995
Amendment SP 3109 agreed to in Senate by Voice Vote.
Dec 21, 1995
Amendment SP 3109 proposed by Senator Santorum for Senator Lugar.
Dec 21, 1995
Measure laid before Senate. (consideration: CR S19138-19140)
Dec 21, 1995
Senate Committee on Agriculture discharged by Unanimous Consent.
Dec 19, 1995
Received in the Senate and read twice and referred to the Committee on Agriculture.
Dec 19, 1995
Motion to reconsider laid on the table Agreed to without objection.
Dec 19, 1995
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Dec 19, 1995
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Dec 19, 1995
DEBATE - The House proceeded with forty minutes of debate.
Dec 19, 1995
Considered under suspension of the rules. (consideration: CR H15162-15166)
Dec 19, 1995
Mr. Allard moved to suspend the rules and pass the bill, as amended.
Dec 18, 1995
Placed on the Union Calendar, Calendar No. 207.
Dec 18, 1995
Reported (Amended) by the Committee on Agriculture. H. Rept. 104-421.
Dec 13, 1995
Ordered to be Reported (Amended) by Voice Vote.
Dec 13, 1995
Committee Consideration and Mark-up Session Held.
Jul 27, 1995
Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.
Jul 27, 1995
Subcommittee Consideration and Mark-up Session Held.
Jul 27, 1995
Subcommittee Hearings Held. Hearings Printed: H. Hrg. 104-20.
Jul 20, 1995
Referred to the Subcommittee on Resource Conservation, Research and Forestry.
Jul 20, 1995
Executive Comment Requested from Farm Credit Admin.
Jul 13, 1995
Referred to the House Committee on Agriculture.
Jul 13, 1995
Sponsor introductory remarks on measure. (CR E1429)
Jul 13, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Farm Credit System Regulatory Relief Act of 1995 - Amends the Farm Credit Act of 1971 to extend the length of time between required Farm Credit Administration examinations of Farm Credit System (FCS) institutions.

(Sec. 5) Directs the Farm Credit System Insurance Corporation (FCSIC) to allocate Farm Credit Insurance Fund excess interest earnings to FCS banks.

(Sec. 6) Requires FCSIC to implement the least-cost alternative, including liquidation, in providing assistance to troubled FCS banks.

(Sec. 8) States that FCSIC may act as conservator or receiver of a FCS institution.

(Sec. 9) Sets forth specified FCSIC oversight and regulatory authority, including regulation of golden parachute and indemnification payments.

(Sec. 10) Permits FCS associations to establish administrative service entities.

(Sec. 11) Sets forth specified requirements for secondary market loan sales, including borrowers' rights.

(Sec. 12) Revises certain paperwork, private sector certification, and operating provisions.

What's happening now February 10, 1996

Became Public Law No: 104-105.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 1 Republican 2