Amends the Farm Credit Act of 1971 to authorize the Governor of the Farm Credit Administration to provide capital worth certificates as partial payment for the purchase of foreclosed farmland or farmland mortgages.
Terminates such authority on December 31, 1988.
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, Farm Credit Admin.
Unfavorable Executive Comment Received From Farm Credit Admin.
See H.R. 3792.
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