H.R.4379 - Farm Credit System Agricultural Export and Risk Management Act103rd Congress (1993-1994)
|Sponsor:||Rep. de la Garza, E. [D-TX-15] (Introduced 05/10/1994)|
|Committees:||House - Agriculture|
|Latest Action:||10/19/1994 Became Public Law No: 103-376. (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.4379 — 103rd Congress (1993-1994)All Information (Except Text)
Passed House amended (09/29/1994)
Farm Credit System Agricultural Export and Risk Management Act - Amends the Farm Credit Act of 1971 to permit banks for cooperatives to participate in agricultural export financing arrangements with domestic or foreign businesses.
Prohibits the financing of a U.S. facility's foreign relocation.
Authorizes a Farm Credit Bank or direct lender association to participate in loans to similar but non-Farm Credit System entities for risk management purposes. Requires supervising Farm Credit Bank approval.