legislation: 99-s-2770
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| 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 |
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| 99-s-2770 | 99 | s | 2770 | Farm Credit System Borrower Interest Rate Relief Act of 1986 | Agriculture and Food | 1986-08-15 | 1986-09-29 | Committee on Agriculture received executive comment from Farm Credit Administration. Unfavorable. | Senate | Sen. Cochran, Thad [R-MS] | MS | R | C000567 | 29 | Farm Credit System Borrower Interest Rate Relief Act of 1986 - States that it is the policy of the Congress that Farm Credit System (System) institutions should take steps to establish competitive interest rates based on the marginal cost of funds. Amends the Farm Credit Act of 1971 to repeal provisions for Farm Credit Administration (FCA) approval of interest rates charged by Federal land banks, Federal intermediate credit banks, and banks for cooperatives. Prohibits the FCA from requiring System institutions to maintain capital levels by charging interest rates in excess of commercial rates. | 2025-08-29T16:33:20Z |