legislation: 99-sconres-138
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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 |
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| 99-sconres-138 | 99 | sconres | 138 | A concurrent resolution expressing the sense of the Congress with respect to Farm Credit System agricultural loan restructing. | Agriculture and Food | 1986-05-14 | 1986-05-14 | Referred to the Committee on Agriculture. | Senate | Sen. Dole, Robert J. [R-KS] | KS | R | D000401 | 63 | Expresses the sense of the Congress that the Farm Credit System should take specified actions to assist borrowers, including: (1) participating to the maximum extent possible with the Farmers Home Administration and other Government guarantee programs to provide 1986 operating loans; (2) following policies of reasonable loan forbearance; (3) using loan restructuring; (4) emphasizing loan servicing approaches that help borrowers meet the conditions of their loan contracts; (5) resorting to foreclosure only when there is no alternative or when the associated costs would be less than loan restructuring; (6) providing defaulting borrowers with the opportunity to bid on foreclosed property; and (7) maintaining sound institutional credit policies. | 2025-01-14T16:41:20Z |