Modifies those provisions determining eligibility and benefits for emergency loans under the Consolidated Farm and Rural Development Act. Allows a farmer, rancher, or oyster planter to apply for a loan if he has lost one-third of his crop, livestock, or oysterbeds. Establishes the interest rates on such loans at 5%.
Referred to House Committee on Agriculture..
Introduced in Senate
Referred to Senate Committee on Agriculture and Forestry.
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