Summary: S.1852 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for S.1852. Bill summaries are authored by CRS.

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Introduced in Senate (11/16/1981)

Amends the Export-Import Bank Act of 1945 to provide for the extension of an export financing credit for agricultural commodities. Sets a formula for determining the amount of the credit extension for each fiscal year. Makes provisions for the credit inapplicable for fiscal years in which: (1) the demand for such credit is less than a specified ratio; or (2) the level of agricultural exports will be adequate without the credit.