S 897
Family Farmer Relief Act of 2019
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Family Farmer Relief Act of 2019 aims to provide greater financial relief to family farmers facing bankruptcy. Specifically, it increases the debt limit considered when determining eligibility for bankruptcy protection under Chapter 12. This change expands the definition of a ‘family farmer’ to include those with larger debts, potentially offering more options for restructuring their finances. The bill focuses on clarifying and adjusting the criteria used in bankruptcy proceedings for these agricultural operations.
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Primary sponsor
Cosponsors
Doug Jones
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