legislation: 97-s-2962

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-s-2962 97 s 2962 A bill to amend the Consolidated Farm and Rural Development Act to reduce the interest rate payable on certain disaster emergency loans made and insured under such Act. Agriculture and Food 1982-09-28 1982-10-19 Committee on Agriculture requested executive comment from Department of Agriculture. Senate Sen. Sasser, Jim [D-TN] TN D S000068 0 Amends the Consolidated Farm and Rural Development Act to reduce interest rate limits on certain emergency disaster loans made or insured after September 30, 1981: (1) from eight percent to five percent, where the loan applicant cannot obtain sufficient credit elsewhere; and (2) from the prevailing private market rate to the current average market yield on certain U.S. Treasury obligations (plus a one percent additional charge), where the applicant can obtain such credit elsewhere. 2025-01-14T16:41:20Z  

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