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S 2770 99th Congress Senate Agriculture and Food Agricultural credit Agriculture and Rural Affairs Finance and Financial Sector Government lending Interest Interest rates

Farm Credit System Borrower Interest Rate Relief Act of 1986

Introduced: August 15, 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 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 1986
Committee on Agriculture received executive comment from Farm Credit Administration. Unfavorable.
Sep 15, 1986
Committee on Agriculture requested executive comment from Farm Credit Administration.
Aug 15, 1986
Referred to Subcommittee on Agricultural Credit.
Aug 15, 1986
Read twice and referred to the Committee on Agriculture.
Aug 15, 1986
Introduced in Senate
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 Plain-English summary Congressional Research Service

Farm Credit System Borrower Interest Rate Relief Act of 1986 - States that it is the policy of the Congress that Farm Credit System (System) institutions should take steps to establish competitive interest rates based on the marginal cost of funds.

Amends the Farm Credit Act of 1971 to repeal provisions for Farm Credit Administration (FCA) approval of interest rates charged by Federal land banks, Federal intermediate credit banks, and banks for cooperatives.

Prohibits the FCA from requiring System institutions to maintain capital levels by charging interest rates in excess of commercial rates.

What's happening now September 29, 1986

Committee on Agriculture received executive comment from Farm Credit Administration. Unfavorable.

 Related & companion bills 1
  • HR 5497 Identical bill Farm Credit System Borrower Interest Rate Relief Act of 1986
 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
McConnell, Mitch
Kentucky · Sep 8, 1986
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2770: Farm Credit System Borrower Interest Rate Relief Act of 1986. 99th Congress. Open America. https://openamerica.io/bill/99-S-2770/
MLA
"S. 2770: Farm Credit System Borrower Interest Rate Relief Act of 1986." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-S-2770/.
Bluebook (legal)
S. 2770, 99th Cong. (2026), https://openamerica.io/bill/99-S-2770/.
Markdown link
[S. 2770: Farm Credit System Borrower Interest Rate Relief Act of 1986](https://openamerica.io/bill/99-S-2770/)
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