All Information (Except Text) for S.3905 - A bill to amend section 313 of the Consolidated Farm and Rural Development Act to provide for guaranteed loans for certain purposes.93rd Congress (1973-1974)
|Sponsor:||Sen. Bellmon, Henry L. [R-OK] (Introduced 08/13/1974)|
|Committees:||Senate - Agriculture|
|Latest Action:||Senate - 08/13/1974 Referred to Senate Committee on Agriculture and Forestry. (All Actions)|
This bill has the status Introduced
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Actions Overview (1)
|08/13/1974||Introduced in Senate|
08/13/1974 Introduced in Senate
All Actions (1)
|08/13/1974||Referred to Senate Committee on Agriculture and Forestry.|
Action By: Senate
08/13/1974 Referred to Senate Committee on Agriculture and Forestry.
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|Committee / Subcommittee||Date||Activity||Reports|
|Senate Agriculture||08/13/1974||Referred to|
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Latest Summary (1)
Introduced in Senate (08/13/1974)
Provides, under the Consolidated Farm and Rural Development Act, that the Secretary of Agriculture may guarantee a loan made by an approved lender without regard to the limitation and prohibitions in such Act if such loan is secured by a second mortgage on real estate and the total principal indebtedness outstanding against such real estate, if such second mortgage is taken, does not exceed 85 percent of its appraised value.