To make technical changes clarifying section 502 of the Federal Credit Reform Act of 1990.

Bill: 117-hr-8066
Sponsor: full_name: Rep. Yarmuth, John A. [D-KY-3]
Introduced: 2022-06-14
Policy area: Economics and Public Finance
Latest action: action_date: 2022-06-14
text: Referred to the House Committee on the Budget.

Summaries:
action_date: 2022-06-14
action_desc: Introduced in House
text: <p>This bill amends the Federal Credit Reform Act of 1990 to modify the definition of <i>direct loan.</i></p>

tv_txt: I 117th CONGRESS 2d Session H. R. 8066 IN THE HOUSE OF REPRESENTATIVES June 14, 2022 Mr. Yarmuth introduced the following bill; which was referred to the Committee on the Budget A BILL To make technical changes clarifying section 502 of the Federal Credit Reform Act of 1990.

1. Technical changes with respect to definition of direct loan Section 502(1) of the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661a(1) ) is amended by striking or the price support loans of the Commodity Credit Corporation and inserting , the price support loans of the Commodity Credit Corporation, or a loan made by another lender or financing arrangements that defer payment for 90 days or fewer .