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S 2113 99th Congress Senate Agriculture and Food Agricultural credit Agricultural price supports Agriculture and Rural Affairs

Farm Emergency Credit Act of 1986

Introduced: February 26, 1986 See on congress.gov
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 1986
Committee on Agriculture requested executive comment from Agriculture Department.
Mar 20, 1986
Referred to Subcommittee on Agricultural Production.
Feb 26, 1986
Read twice and referred to the Committee on Agriculture.
Feb 26, 1986
Introduced in Senate
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 Plain-English summary Congressional Research Service

Farm Emergency Credit Act of 1986 - Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to make advance (recourse) price support loans available for 1986 to producers unable to secure sufficient credit elsewhere. Makes up to one-third of such crop eligible for advance payments. Permits loan conversion to nonrecourse status upon harvest and availability as loan collateral. Administers such program through the Commodity Credit Corporation and the local farmer committees.

Requires a participating producer to: (1) obtain crop insurance if available; and (2) use his crop as loan collateral.

Limits loans to any single person to $50,000.

What's happening now March 20, 1986

Committee on Agriculture requested executive comment from Agriculture Department.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Feb 26, 1986
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2113: Farm Emergency Credit Act of 1986. 99th Congress. Open America. https://openamerica.io/bill/99-S-2113/
MLA
"S. 2113: Farm Emergency Credit Act of 1986." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-S-2113/.
Bluebook (legal)
S. 2113, 99th Cong. (2026), https://openamerica.io/bill/99-S-2113/.
Markdown link
[S. 2113: Farm Emergency Credit Act of 1986](https://openamerica.io/bill/99-S-2113/)
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