To amend the Consolidated Farm and Rural Development Act to provide credit assistance to qualified beginning farmers and ranchers, and for other purposes.
Beginning Farmer and Rancher Credit Act of 1991 - Amends the Consolidated Farm and Rural Development Act to direct the Secretary of Agriculture to establish a farm ownership down payment loan program.
Provides for: (1) Federal-State assistance coordination for beginning farmers and ranchers; and (2) the establishment of an Advisory Committee on Beginning Farmers and Ranchers.
Targets farm ownership loans, loan guarantees, and interest rate assistance to beginning farmers and ranchers.
Reduces maximum amounts for farm ownership and operating loans and loan guarantees.
Referred to Subcommittee on Agricultural Credit.
Message on Senate action sent to the House.
Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on Forests, Family Farms, and Energy.
Referred to the Subcommittee on Conservation, Credit, and Rural Development.
Executive Comment Requested from USDA.
See H.R.4906.
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