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S. 418 — A bill to amend the Consolidated Farm and Rural Development Act of 1972. | PoliFocus

S. 41893th Congress

A bill to amend the Consolidated Farm and Rural Development Act of 1972.

Sponsors

Sen. Bellmon, Henry L. [R-OK]

8 cosponsors

Subjects

Housing and Community Development

Summary

Establishes at 5 percent the interest rate on emergency loans under the Consolidated Farmers Home Administration Act.

Repeals the provision under such Act allowing forgiveness of $5,000 on disaster loans under this Act. (Amends 7 U.S.C. 1964; P.L. 92-385)

Full Text

Legislative Actions

1973-01-18
Introduced in Senate
1973-01-18
Referred to Senate Committee on Agriculture and Forestry.

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