S.2851: 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.

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about law
  • Introduced Sept. 28, 2004
  • Latest Major Action Sept. 28, 2004

Bill Cosponsor

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sept. 28, 2004

Introduced in the Senate by Thomas A. Daschle (D-S.D.)

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