To amend the Farm Credit Act of 1971 to enhance the ability of the banks for cooperatives to finance agricultural exports, and for other purposes.
Farm Credit System Agricultural Export and Risk Management Act - Amends the Farm Credit Act of 1971 to permit banks for cooperatives to participate in agricultural export financing arrangements with domestic or foreign businesses.
Prohibits the financing of a U.S. facility's foreign relocation.
Authorizes a Farm Credit Bank or direct lender association to participate in loans to similar but non-Farm Credit System entities for risk management purposes. Requires supervising Farm Credit Bank approval.
Subcommittee on Foreign Agriculture and Hunger Discharged.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Committee on Agriculture discharged.
Committee on Agriculture discharged.
Mr. Johnson (SD) asked unanimous consent to discharge from committee and consider.
Considered by unanimous consent. (consideration: CR H10323-10328)
Passed/agreed to in House: On passage Passed without objection.
On passage Passed without objection.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.(consideration: CR S14235-14236)
Passed Senate without amendment by Voice Vote. (consideration: CR S14235-14236)
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 103-376.
Became Public Law No: 103-376.
Enacted as Public Law 103-376
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