This bill amends the Federal Credit Reform Act of 1990 to modify the definition of direct loan.
To make technical changes clarifying section 502 of the Federal Credit 
                          Reform Act of 1990.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 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''.
                                 <all>
To make technical changes clarifying section 502 of the Federal Credit Reform Act of 1990.
To make technical changes clarifying section 502 of the Federal Credit Reform Act of 1990.
Official Titles - House of Representatives
Official Title as Introduced
To make technical changes clarifying section 502 of the Federal Credit Reform Act of 1990.
Rep. Yarmuth, John A.