S.Res. 127 · 108th Congress

A resolution expressing the sense of the Senate that the Secretary of Agriculture should reduce the interest rate on loans to processors of sugar beets and sugarcane by 1 percent to a rate equal to the cost of borrowing to conform to the intent of Congress.

Stage
In committee
Introduced
2003-04-30
Latest action
2003-04-30 · Introduced in Senate

Summary

Expresses the sense of the Senate that the Secretary of Agriculture should reduce the interest rate on loans to sugar beet and sugarcane processors by 100 basis points to a rate equal to Treasury borrowing costs in order to conform to congressional intent.