Amendment99th Congress
An amendment to require the Secretary to insure that requests from lending institutions for designations as an approved lender under the program be reviewed and a decision made within 15 days of the application's submission. Also any request of a lending institution where 25 percent or more of the institution's portfolio of outstanding loans are agricultural shall be automatically approved.
- Amendment Number
- 3
- Description
- An amendment to require the Secretary to insure that requests from lending institutions for designations as an approved lender under the program be reviewed and a decision made within 15 days of the application's submission. Also any request of a lending institution where 25 percent or more of the institution's portfolio of outstanding loans are agricultural shall be automatically approved.
- Congress
- 99
- Type
- HAMDT
- Latest Action Date
- Feb 27, 1985
- Latest Action Text
- Amendment Passed in Committee of the Whole by Voice Vote.
- Submitted Date
- Feb 27, 1985
- Chamber
- House of Representatives
- Update Date
- Jun 30, 2021