A bill to require the Secretary of Agriculture to carry out the sale of assets required by section 1001 of the Omnibus Reconciliation Act of 1986 by offering to sell notes and other obligations issued by public bodies to the issuer before offering to sell them to the public.
Farmers Home Loan Buy Back Act of 1987 - Directs the Secretary of Agriculture, in administering the sale of specified Farmers Home Administration rural development obligations as provided for under the Omnibus Budget Reconciliation Act of 1986, to give the issuers the right of first refusal.
Sets forth sale price provisions.
Became Public Law No: 100-233.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Executive Comment Requested from USDA.
Referred to Subcommittee on Conservation Credit and Rural Development.
Subcommittee Hearings Held.
See H.R.3030.
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