HR 763 · 106th Congress · Finance and Financial Sector
Safeguarding America's Farms Entering the Year 2000 Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Commercial and Administrative Law.(1999-02-25)
Plain Language Summary
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Safeguarding America's Farms Entering the Year 2000 Act - Amends the Federal Bankruptcy Code to: (1) reenact Chapter 12, Adjustment of Debts of a Family Farmer with Regular Annual Income (thereby reinstating family farmer bankruptcy relief); (2) cite circumstances under which the claim of a governmental unit that arises as a result of the disposition of a farm asset used in the debtor's farming operation shall be treated as an unsecured claim that is not entitled to priority; and (3) revise the criteria defining family farmer, including the size of the attendant aggregate debt.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
3 Democrats2 Republicans