H.R. 1233 · 112th Congress

To amend the Consolidated Farm and Rural Development Act to suspend a limitation on the period for which certain borrowers are eligible for guaranteed assistance.

Stage
In committee
Introduced
2011-03-29
Latest action
2011-03-29 · Introduced in House

Summary

Amends the Consolidated Farm and Rural Development Act to suspend, during the period December 31, 2010-December 31, 2011, the prohibition on the authority of the Secretary of Agriculture (USDA) to guarantee an agricultural operating loan for any year after the 15th year that a loan or loan guarantee is made to the borrower.