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United States · Bill · HR

H.R. 1399 (99th)

Family Farmer Bankruptcy Reform Act of 1985

openUnited States· United States Congress· EN

Introduced

5 March 1985

Last action

27 March 1985 · Committee

Status

Subcommittee Hearings Held.

Sponsors

Rep. Synar, Mike [D-OK-2], Rep. Wright, James C., Jr. [D-TX-12], Rep. Foley, Thomas S. [D-WA-5], Rep. Gephardt, Richard A. [D-MO-3], Rep. Alexander, Bill [D-AR-1], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Brooks, Jack B. [D-TX-9], Rep. Kastenmeier, Robert W. [D-WI-2], Rep. Conyers, John, Jr. [D-MI-13], Rep. Seiberling, John F. [D-OH-14], Rep. Mazzoli, Romano L. [D-KY-3], Rep. Schroeder, Patricia [D-CO-1], Rep. Glickman, Dan [D-KS-4], Rep. Berman, Howard L. [D-CA-28], Rep. Boucher, Rick [D-VA-9], Rep. Derrick, Butler C. [D-SC-3], Rep. Weaver, James H. [D-OR-4], Rep. Jones, James R. [D-OK-1], Rep. English, Glenn [D-OK-6], Rep. Watkins, Wes [R-OK-3], Rep. McCurdy, Dave [D-OK-4], Sen. Daschle, Thomas A. [D-SD], Sen. Shelby, Richard C. [R-AL], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Sabo, Martin Olav [D-MN-5], Rep. Morrison, Sid [R-WA-4], Rep. Smith, Virginia [R-NE-3], Rep. Nichols, Bill [D-AL-3], Rep. Kaptur, Marcy [D-OH-9], Rep. Robinson, Tommy F. [D-AR-2], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. MacKay, Buddy [D-FL-6], Rep. Towns, Edolphus [D-NY-10], Rep. Richardson, Bill [D-NM-3], Rep. Evans, Cooper [R-IA-3], Rep. Strang, Michael L. [R-CO-3], Rep. Darden, George (Buddy) [D-GA-7], Rep. Mavroules, Nicholas [D-MA-6], Rep. Kolter, Joseph P. [D-PA-4], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Jones, Walter B. [D-NC-1], Rep. Martinez, Matthew G. [D-CA-31], Rep. Mollohan, Alan B. [D-WV-1], Rep. Young, Don [R-AK-At Large], Rep. Moody, Jim [D-WI-5], Rep. Lantos, Tom [D-CA-12], Rep. Perkins, Carl C. [D-KY-7], Rep. Daniel, W. C. (Dan) [D-VA-5]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Family Farmer Bankruptcy Reform Act of 1985 - Defines a "family farmer" for purposes of Federal bankruptcy law as a person who received more than 50 percent of gross income from farming operations, including a person that is a corporation that issues stock: (1) which is not publicly traded; and (2) the majority of which is held by one family. Allows a family farmer that owes secured and unsecured debts totaling less than $1,000,000 to qualify as a debtor under bankruptcy provisions providing for the adjustment of debts of an individual with regular income. Authorizes a plan filed under such provisions to modify the rights of holders of claims secured only by a security interest in real property which is a family farmer's principal residence and which such family farmer uses for farming operations. Prohibits the court from granting a discharge of any debt for payment on a claim if the rights of the claim holder are so modified. Permits the court to approve a plan providing for payment over a period of up to ten years in the case of a debtor who is a family farmer. Provides for the confirmation of a family farmer's plan with respect to allowed secured claims on a basis similar to that provided under bankruptcy reorganization provisions. Allows a family farmer up to 270 days after such a plan is filed to commence making payments proposed by the plan.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 March 1985

    Introduced

    Referred to House Committee on The Judiciary.

    Source: IntroReferral

  2. 5 March 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 March 1985

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 8 March 1985

    Referred

    Referred to Subcommittee on Monopolies and Commercial Law.

    Source: Committee

  5. 27 March 1985

    Committee

    Subcommittee Hearings Held.

    Source: Committee

Votes

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Versions

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Documents

1 official file

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Sponsors

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Related records

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Sources

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