| Shorttitle: | Warehouse Act of 1916 |
| Othershorttitles: | United States Warehouse Act |
| Nickname: | Agricultural Department Appropriations Act of 1916 |
| Enacted By: | 64th |
| Effective Date: | August 11, 1916 |
| Public Law Url: | http://legisworks.org/congress/64/publaw-190.pdf |
| Cite Public Law: | 64-190 |
| Cite Statutes At Large: | aka 39 Stat. 486 |
| Title Amended: | 7 U.S.C.: Agriculture |
| Sections Created: | ยง 241 et seq. |
| Introducedin: | House |
| Introducedby: | Asbury Francis Lever (D-SC) |
| Introduceddate: | March 4, 1916 |
| Passedbody1: | House |
| Passeddate1: | May 2, 1916 |
| Passedvote1: | 292-42 |
| Passedbody2: | Senate |
| Passeddate2: | July 12, 1916 |
| Passedvote2: | 31-27 |
| Conferencedate: | July 18, 1916 |
| Passedbody3: | House |
| Passeddate3: | August 3, 1916 |
| Passedvote3: | Agreed |
| Passedbody4: | Senate |
| Passeddate4: | August 3, 1916 |
| Passedvote4: | 34-25 |
| Signedpresident: | Woodrow Wilson |
| Signeddate: | August 11, 1916 |
The Warehouse Act of 1916 permitted Federal Reserve member banks to give loans to farmers on the security of their staple crops which were kept in Federal storage units as collateral.[1]
United States President Woodrow Wilson proposed the Warehouse Act at a political nomination convention in Sea Girt, New Jersey on September 2, 1916:
The table below shows U.S. Congressional amendments to the Warehouse Act.
| Date of Enactment | Public Law Number | U.S. Statute Citation | U.S. Legislative Bill | U.S. Presidential Administration | |
|---|---|---|---|---|---|
| July 24, 1919 | P.L. 66-22 | Woodrow Wilson | |||
| February 23, 1923 | P.L. 67-436 | Warren G. Harding | |||
| March 2, 1931 | P.L. 71-772 | Herbert C. Hoover | |||
| October 28, 1992 | P.L. 102-553 | George H.W. Bush | |||
| November 9, 2000 | P.L. 106-472 | William J. Clinton |