A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Expresses the sense of the Congress that the Farm Credit System should take specified actions to assist borrowers, including: (1) participating to the maximum extent possible with the Farmers Home Administration and other Government guarantee programs to provide 1986 operating loans; (2) following policies of reasonable loan forbearance; (3) using loan restructuring; (4) emphasizing loan servicing approaches that help borrowers meet the conditions of their loan contracts; (5) resorting to foreclosure only when there is no alternative or when the associated costs would be less than loan restructuring; (6) providing defaulting borrowers with the opportunity to bid on foreclosed property; and (7) maintaining sound institutional credit policies.
Referred to the Committee on Agriculture.
Cite this page
U.S. Congress. (2026). S. Con. Res. 138: A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.. 99th Congress. Open America. https://openamerica.io/bill/99-SCONRES-138/
"S. Con. Res. 138: A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-SCONRES-138/.
S. Con. Res. 138, 99th Cong. (2026), https://openamerica.io/bill/99-SCONRES-138/.
[S. Con. Res. 138: A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.](https://openamerica.io/bill/99-SCONRES-138/)