Farm Protection Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 18, 2014)
Farm Protection Act of 2014 - Amends the Agricultural Act of 2014 to require the Secretary of Agriculture (USDA) to extend: (1) the term and any due date of a marketing assistance loan, and (2) the due date for repayment of farm ownership, operating, or emergency loans. Requires the extensions in cases where a farmer has sold, transferred, or delivered the commodity subject to the loan to a purchaser who has filed for bankruptcy prior to payment. Provides that the extensions shall last until after the bankruptcy case is closed or dismissed. Suspends the accrual of interest on the loans during the extension period.
What just happenedSep 30, 2014
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Who’s behind it
- Introduced in HouseSep 18, 2014
- Sep 30, 2014Committee
Referred to the Subcommittee on General Farm Commodities and Risk Management.
- Sep 18, 2014IntroReferralH11100
Referred to the House Committee on Agriculture.
- Sep 18, 2014IntroReferralIntro-H
Introduced in House
- Sep 18, 2014IntroReferral1000
Introduced in House