On the recordApril 22, 1996
However, an unintended glitch has been discovered in the implementation of the new farm bill. Certain sections of the credit title of the new farm bill are being implemented to the detriment of farmers who have had any debts forgiven by the Government in the past. This has come as quite a surprise to many farmers in South Dakota and other parts of the Nation. I have heard from several farmers who had applied for operating or emergency disaster loans who are now being told they are ineligible because of past debt forgiveness. That is not right. That is not what Congress intended. Most important, this is the last thing a farmer needs to hear, especially when he needs a loan to get this year's crop in. In some cases, Mr. President, I have learned that farmers who had approved loans that had not been disbursed by April 4, are also now being told they are no longer eligible. Again, this is not what Congress intended.
Source
govinfo.gov
