Amendment108th Congress
Amendment in the nature of a substitute sought to make Chapter 12 farm bankruptcy protections a permanent part of the Bankruptcy Code; increase the debt limits that a family farm can hold to qualify for Chapter 12 from $1.5 million to $3.2 million; index those debt limits to the consumer price index; and expand this type of bankruptcy protection to family fishermen.
- Amendment Number
- 458
- Description
- Amendment in the nature of a substitute sought to make Chapter 12 farm bankruptcy protections a permanent part of the Bankruptcy Code; increase the debt limits that a family farm can hold to qualify for Chapter 12 from $1.5 million to $3.2 million; index those debt limits to the consumer price index; and expand this type of bankruptcy protection to family fishermen.
- Purpose
- An amendment numbered 2 printed in House Report 108-407 to make chapter 12 of title 11 of the U.S. Bankruptcy Code, dealing with `family farmer' reorganization, permanent and to expand eligibility requirements.
- Congress
- 108
- Type
- HAMDT
- Latest Action Date
- Jan 28, 2004
- Latest Action Text
- On agreeing to the Baldwin amendment (A002) Failed by recorded vote: 158 - 204, 1 Present (Roll no. 8).
- Latest Action Time
- 15:46:44
- Submitted Date
- Jan 28, 2004
- Chamber
- House of Representatives
- Update Date
- Sep 30, 2021