Amendment increased the amount of FmHA lending authority set aside for underserved counties to 3.5% in FY 1991 and 5% in FY 1992; and required that FmHA, in targeting loans for underserved counties, give preference to eligible counties in the Lower Mississippi Delta region.

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Amendment Number
643
Description
Amendment increased the amount of FmHA lending authority set aside for underserved counties to 3.5% in FY 1991 and 5% in FY 1992; and required that FmHA, in targeting loans for underserved counties, give preference to eligible counties in the Lower Mississippi Delta region.
Purpose
An amendment to increase the amount of FmHA lending authority set aside by thge bill for underserved counties from 1.5% in FY 1991 and 3.5% in FY 1992, to 3.5% in FY 1991 and 5% in FY 1992. The amendment also requires that FmHA, in targeting loans for underserved counties, give preference to eligible counties in the Lower Mississippi Delta region.
Congress
101
Type
HAMDT
Latest Action Date
Jul 31, 1990
Latest Action Text
On agreeing to the Hubbard amendment (A011) Agreed to by voice vote.
Latest Action Time
17:04:16
Submitted Date
Jul 31, 1990
Chamber
House of Representatives
Update Date
Jul 1, 2021
Amendment 643 — Informed