Amends the Consolidated Farm and Rural Development Act to increase the limitation requirements regarding real estate loans: (1) from $225,000 to $325,000 as to the unpaid indebtedness against the farm or other security at the time the loan is made; and (2) from $100,000 to $200,000 as to the loans to any one borrower. Increases from $50,000 to $125,000 the ceiling on the total principal indebtedness which may be outstanding at any one time for operating loans.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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