S 961 · 106th Congress · Agriculture and Food
A bill to amend the Consolidated Farm and Rural Development Act to improve shared appreciation arrangements.
Bill Progress
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Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Referred to the Subcommittee on General Farm Commodities, Resource Conservation and Credit.(2000-02-09)
Plain Language Summary
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Amends the Consolidated Farm and Rural Development Act with respect to shared appreciation agreements to: (1) exclude capital improvements from the recapture value; and (2) require appraisals by appraisers whose principal place of business is in the State in which the property is located.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
8 Democrats2 Republicans