A bill to amend the Farm Credit Act of 1971 to establish certain conditions under which a Farm Credit System institution can terminate its status as a System institution.

Bill Number

S 2851

Introduced

Sep 28, 2004

Latest Action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S98 ...

Sponsor

Cosponsors

Topics

Administrative remedies Agricultural credit Agriculture and Food Farm Credit Administration Finance and Financial Sector Government Operations and Politics Law Public meetings

Full Text

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Votes

Summary

Amends the Farm Credit Act of 1971 with respect to the termination of a Farm Credit System institution's participant status to require the Farm Credit Administration to: (1) hold public hearings in the affected States; and (2) not approve or disapprove the termination plan until at least 180 days after its submission.

Actions

Sep 28, 2004

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S9814)
Sep 28, 2004

Introduced in Senate

Amendments

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