Summary: S.1487 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for S.1487. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (08/03/1989)

Amends the Consolidated Farm and Rural Development Act to require (current law merely authorizes) certain borrowers who terminate loan obligations on a restructured Farmers Home Administration loan to enter into a shared appreciation arrangement with the Secretary of Agriculture.