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