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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Family Farm Emergency Credit Assistance Act of 1983

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

A bill to provide for a deferral of payment of principal on Farmer's Home Administration loans for family-size farms and for other purposes.


Actions Overview (1)

Date
02/08/1983Introduced in House

All Actions (3)

Date
02/15/1983Referred to Subcommittee on Conservation Credit and Rural Development.
Action By: Committee on Agriculture
02/08/1983Referred to House Committee on Agriculture.
Action By: House of Representatives
02/08/1983Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Agriculture02/08/1983 Referred to
House Agriculture Subcommittee on Conservation, Credit, and Rural Development02/15/1983 Referred to

No related bill information was received for H.R.1335.


Subjects (7)


Latest Summary (1)

There is one summary for H.R.1335. View summaries

Shown Here:
Introduced in House (02/08/1983)

Family Farm Emergency Credit Assistance Act of 1983 - Amends the Consolidated Farm and Rural Development Act to permit family farmers to request economic hardship loan repayment and foreclosure deferrals through December 31, 1983. Requires a showing of: (1) good management; (2) temporary inability to repay because of circumstances beyond one's control; and (3) reasonable chance of repayment.

Provides for loan consolidation and rescheduling at the end of such deferral period.

Requires the Secretary of Agriculture to provide notification to Farmers Home Administration borrowers regarding such deferral and rescheduling programs.

Prohibits deferred or rescheduled loan interest rates in excess of the original interest rates.

Requires the Governor of the Farm Credit Administration to submit recommendations to the appropriate congressional committees on how the Federal land banks and the Federal intermediate credit banks could implement a similar family farm credit assistance program.