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FEDERALhearing transcript

1977 Congressional Hearings on Farm and Rural Credit Programs

Original title: Amend credit provisions for farm and rural development programs: hearings before the Subcommittee on Conservation and Credit of the Committee on Agriculture, House of Agriculture, House of Representatives, Ninety-fifth Congress, first session, on H.R. 6407 and H.R. 8315, October 26 and 27, 1977.

Record date · July 14, 2026

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What This Bill Does

This document records the proceedings of a two-day Congressional hearing held in October 1977 regarding proposed amendments to federal credit programs for farmers and rural development. The reviewed two specific bills, H.R. 6407 and H.R. 8315, to evaluate changes to existing agricultural lending provisions.

Why it matters

The hearings established the legislative record for potential changes to federal loan eligibility and credit terms for farmers and rural communities, impacting how agricultural development is financed.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Farmers

The proposed amendments to credit provisions directly impact the terms and availability of federal loans for agricultural operations.

Directly affected

Rural development organizations

These entities are affected by changes to federal funding and credit programs intended to support rural infrastructure and economic growth.

Key Facts

  • The Subcommittee on Conservation and Credit held hearings on October 26 and 27, 1977.
  • The hearings focused on reviewing proposed amendments to credit provisions for farm and rural development programs.
  • The legislative session was the first session of the Ninety-fifth Congress.
  • The specific bills under review were H.R. 6407 and H.R. 8315.

Frequently Asked Questions

What was the purpose of these hearings?
The purpose was to discuss and review proposed changes to federal credit programs that support farmers and rural development.
Which bills were being discussed?
The subcommittee reviewed H.R. 6407 and H.R. 8315.

What else do you want to know?

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

cross reference90% confidence

Dual Bill Review

The subcommittee chose to review two separate bills (H.R. 6407 and H.R. 8315) simultaneously, suggesting they addressed related or overlapping credit issues.

H.R. 6407H.R. 8315

Connected Entities

Subcommittee on Conservation and Credit, Agriculture Committee
OrganizationSubcommittee on Conservation and Credit“The legislative body conducting the hearings.”Map →
OrganizationAgriculture Committee“The parent committee of the subcommittee.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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