A bill to amend the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to acquire easements for conservation, recreational, and wildlife purposes in wetlands, upland, and highly erodible land which secure certain delinquent loans owed to the United States under any law administered by the Farmers Home Administration, and for other purposes.
Farm Debt Restructure and Conservation Set-Aside Act of 1985 - Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture, in exchange for partial cancellation of the debt involved, to acquire long-term (at least 50-year) easements for conservation, recreational, and wildlife purposes in wetlands, upland, and highly erodible land securing delinquent Farmers Home Administration loans. Sets forth a formula for calculating the borrower debt reduction.
Read twice and referred to the Committee on Agriculture.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to Subcommittee on Conservation Credit and Rural Development.
Executive Comment Requested from USDA.
Subcommittee Hearings Held.
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