Provides that the Secretary of Agriculture may loan specified Rural Loan Investment Companies up to twenty times their net assets for a period of five years to allow them to purchase government guaranteed loans from qualified lenders in rural areas of less than fifty thousand population.
Introduced in Senate
Referred to Senate Committee on Agriculture and Forestry.
Reported to Senate from the Committee on Agriculture and Forestry with amendment, S. Rept. 93-429.
Reported to Senate from the Committee on Agriculture and Forestry with amendment, S. Rept. 93-429.
Passed/agreed to in Senate: Measure passed Senate, amended.
Measure passed Senate, amended.
Referred to House Committee on Agriculture.
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