Credit implications of the new farm bill

Neil E Harl

American Bankers Association, 1996, vol. 09, issue 3

Abstract: The Federal Agriculture Improvement and Reform Act of 1996, HR 2854, was signed into law on April 4, 1996. With respect to credit provisions, the legislation reauthorizes farm lending programs of the US Department of Agriculture with new restrictions on the purposes for which loans can be made and imposes new restrictions on borrowers who have previously defaulted. The legislation also places new limits on the amounts that can be loaned and implements new rules on the sale of forfeited property.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1996
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