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HR 3513 105th Congress House Agriculture and Food Administrative procedure Agricultural credit Bankruptcy Citizen participation Civil Rights and Liberties, Minority Issues Commerce Debtor and creditor Department of Agriculture Disaster relief Economics and Public Finance Emergency Management Families Family farms Farmers Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Health

Agricultural Credit Restoration Act

Introduced: March 19, 1998 See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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
Jul 17, 1998
Sponsor introductory remarks on measure. (CR H5848)
Mar 24, 1998
Executive Comment Requested from USDA.
Mar 24, 1998
Referred to the Subcommittee on Forestry, Resource Conservation and Research.
Mar 19, 1998
Referred to the House Committee on Agriculture.
Mar 19, 1998
Introduced in House
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 Plain-English summary Congressional Research Service

Agricultural Credit Restoration Act - Amends the Consolidated Farm and Rural Development Act to exclude from "debt forgiveness": (1) loan rescheduling, consolidation, deferral, or reamortization; (2) one debt forgiveness due to natural disaster or family medical condition; and (3) loan restructuring, write-down, or buy-out as part of the resolution of a discrimination complaint against the Secretary of Agriculture (thus excluding such situations from the ban on lending program eligibility for producers with restructured farm debt).

Increases the number of permitted loan (including direct operating and guaranteed loan) write-downs or buy-outs per borrower from one to two.

Eliminates the aggregate limitation on per borrower debt forgiveness.

Authorizes interstate allocation of unused funds for socially disadvantaged farmers and ranchers.

What's happening now July 17, 1998

Sponsor introductory remarks on measure. (CR H5848)

 Related & companion bills 1
  • S 1803 Identical bill Agricultural Credit Restoration Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 7 Independent 1
D
Waters, Maxine
California · Mar 31, 1998
 D
Bishop, Sanford D.
Georgia · Mar 19, 1998
 D
Clyburn, James E.
South Carolina · Mar 19, 1998
 D
Davis, Danny K.
Illinois · Mar 19, 1998
 D
DeLauro, Rosa L.
Connecticut · Mar 19, 1998
 I
Sanders, Bernard
Vermont · Mar 19, 1998
 D
Scott, Robert C. "Bobby"
Virginia · Mar 19, 1998
 D
Thompson, Bennie G.
Mississippi · Mar 19, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3513: Agricultural Credit Restoration Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-3513/
MLA
"H.R. 3513: Agricultural Credit Restoration Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-3513/.
Bluebook (legal)
H.R. 3513, 105th Cong. (2026), https://openamerica.io/bill/105-HR-3513/.
Markdown link
[H.R. 3513: Agricultural Credit Restoration Act](https://openamerica.io/bill/105-HR-3513/)
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