# PL79-1062: AN ACT To simplify and improve credit services to farmers and promote farm ownership by abolishing certain agricultural lending agencies and functions, by defining the lending powers of the Secretary of Agriculture, by authorizing Government insurance of loans to farmers, by creating preferences for loans and insured mortgages to enable veterans to acquire farms, by providing additional specific authority and directions with respect to the liquidation of resettlement projects and rural rehabilitation projects for resettlement purposes, and for other purposes.

PL79-1062, AN ACT To simplify and improve credit services to farmers and promote farm ownership by abolishing certain agricultural lending agencies and functions, by defining the lending powers of the Secretary of Agriculture, by authorizing Government insurance of loans to farmers, by creating preferences for loans and insured mortgages to enable veterans to acquire farms, by providing additional specific authority and directions with respect to the liquidation of resettlement projects and rural rehabilitation projects for resettlement purposes, and for other purposes., is a 79th Congress bill sponsored by unknown; status Public Law (from Statutes at Large) (as of 2025-10-20).

- Canonical: https://policyrisk.com/legislation/PL79-1062
- As of: 2025-10-20
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: PL79-1062
- Congress: 79
- Title: AN ACT To simplify and improve credit services to farmers and promote farm ownership by abolishing certain agricultural lending agencies and functions, by defining the lending powers of the Secretary of Agriculture, by authorizing Government insurance of loans to farmers, by creating preferences for loans and insured mortgages to enable veterans to acquire farms, by providing additional specific authority and directions with respect to the liquidation of resettlement projects and rural rehabilitation projects for resettlement purposes, and for other purposes.
- Status: Public Law (from Statutes at Large)
- Introduced: unknown
- Sponsor: unknown
- Cosponsors: 0
- Policy area: unknown
- Touches household money: no
- Last recorded action: 2025-10-20

## Summary

AN ACT To simplify and improve credit services to farmers and promote farm ownership by abolishing certain agricultural lending agencies and functions, by defining the lending powers of the Secretary of Agriculture, by authorizing Government insurance of loans to farmers, by creating preferences for loans and insured mortgages to enable veterans to acquire farms, by providing additional specific authority and directions with respect to the liquidation of resettlement projects and rural rehabilitation projects for resettlement purposes, and for other purposes.

## Related bills

- PL79-1951: INDEX
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- PL79-1862: Interim agreement between the United States of America and other Governments respecting North American regional broadcasting. Signed at Washington February 25,…
- PL79-1809: Agreement between the United States of America and Turkey respecting a mutual aid settlement. Signed at Ankara May 7, 1946; effective May 25, 1946, pursuant to…
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## Sources
- [PL79-1062 on Congress.gov](https://www.congress.gov/bill/79th-congress/senate-bill/1062)

## Related
- [PL79-1951: INDEX](https://policyrisk.com/legislation/PL79-1951)
- [PL79-1917: Agreement between the United States of America and Czechoslovakia respecting ai…](https://policyrisk.com/legislation/PL79-1917)
- [PL79-1915: Agreement between the United States of America and the United Kingdom amending…](https://policyrisk.com/legislation/PL79-1915)
- [PL79-1862: Interim agreement between the United States of America and other Governments re…](https://policyrisk.com/legislation/PL79-1862)
- [PL79-1809: Agreement between the United States of America and Turkey respecting a mutual a…](https://policyrisk.com/legislation/PL79-1809)
- [PL79-1802: Agreement between the United States of America, Argentina, Australia, Canada, a…](https://policyrisk.com/legislation/PL79-1802)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/PL79-1062 (as of 2025-10-20).