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SCONRES 138 99th Congress Senate Agriculture and Food Agricultural credit Agriculture and Rural Affairs Foreclosure

A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing.

Introduced: May 14, 1986 See on congress.gov
This resolution expired with the 99th Congress
It was not agreed to before the 99th Congress (1985–1986) adjourned, so it is no longer active. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
May 14, 1986
Referred to the Committee on Agriculture.
May 14, 1986
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now May 14, 1986

Referred to the Committee on Agriculture.

 Committees of jurisdiction 1
Cite this page click to expand
APA
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/
MLA
"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/.
Bluebook (legal)
S. Con. Res. 138, 99th Cong. (2026), https://openamerica.io/bill/99-SCONRES-138/.
Markdown link
[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/)
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