Farm Credit System Regulatory Relief Act of 1995

Read twice and referred to the Committee on Agriculture.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jun 30, 1995

Farm Credit System Regulatory Relief Act of 1995 - Amends the Farm Credit Act of 1971 to extend the length of time between required Farm Credit Administration examinations of Farm Credit System (FCS) institutions. (Sec. 5) Directs the Farm Credit System Insurance Corporation (FCSIC) to allocate Farm Credit Insurance Fund excess interest earnings to FCS banks. (Sec. 6) Requires FCSIC to implement the least-cost alternative, including liquidation, in providing assistance to troubled FCS banks. (Sec. 8) States that FCSIC may not act as conservator or receiver of a FCS institution. (Sec. 9) Grants FCSIC exclusive authority to examine a FCS institution whose charter has been canceled. (Sec. 10) Sets forth specified FCSIC oversight and regulatory authority, including regulation of golden parachute and indemnification payments. (Sec. 11) Permits FCS associations to establish administrative service entities. (Sec. 12) Sets forth specified requirements for secondary market loan sales, including borrowers' rights. (Sec. 13) Revises certain paperwork, private sector certification, and operating provisions.

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People & committees

Who introduced it

Sen. Craig, Larry E. [R-ID] · R–ID

Committees

Agriculture, Nutrition, and Forestry Committee

3 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Jun 30, 1995
Read twice and referred to the Committee on Agriculture.
Jun 30, 1995
Sponsor introductory remarks on measure. (CR S9534-9536)
Jun 30, 1995
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Jun 30, 1995 Formatted Text PDF

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.

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Analyze S.1011 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.1011, 104th Congress: Farm Credit System Regulatory Relief Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/senate-bill/1011

Text version to examine: Introduced in Senate · 1995-06-30.

Official full text: https://www.congress.gov/104/bills/s1011/BILLS-104s1011is.htm

Imported record last updated by the source: 2025-08-21T20:17:04Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.1011 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.1011, 104th Congress: Farm Credit System Regulatory Relief Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/senate-bill/1011

Text version to examine: Introduced in Senate · 1995-06-30.

Official full text: https://www.congress.gov/104/bills/s1011/BILLS-104s1011is.htm

Imported record last updated by the source: 2025-08-21T20:17:04Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1011 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Examine S.1011 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.1011, 104th Congress: Farm Credit System Regulatory Relief Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/senate-bill/1011

Text version to examine: Introduced in Senate · 1995-06-30.

Official full text: https://www.congress.gov/104/bills/s1011/BILLS-104s1011is.htm

Imported record last updated by the source: 2025-08-21T20:17:04Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1011 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.1011, 104th Congress: Farm Credit System Regulatory Relief Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/senate-bill/1011

Text version to examine: Introduced in Senate · 1995-06-30.

Official full text: https://www.congress.gov/104/bills/s1011/BILLS-104s1011is.htm

Imported record last updated by the source: 2025-08-21T20:17:04Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1011 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.