A bill to amend the Agriculture and Food Act of 1981 to provide protection for agricultural purchasers of farm products.

Summary

Amends the Agriculture and Food Act of 1981 to provide that a buyer in the ordinary course of business who buys farm products from a seller engaged in farming operations shall take free of any seller-created security interest even though the buyer knows of its existence, unless within 12 months before the sale the buyer: (1) received notice of the security interest and of any payment obligations imposed by the secured party as conditions for waiver or release of the security interest and (2) has failed to perform such obligations. Sets forth parallel provisions for commission merchants or selling agents.

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

Timeline

1. 19 March 1985

   Introduced

   Referred to House Committee on Agriculture.

   Source: IntroReferral

2. 19 March 1985

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 March 1985

   Introduced

   Introduced in House

   Source: IntroReferral

4. 26 March 1985

   Committee

   Subcommittee Hearings Held.

   Source: Committee

5. 26 March 1985

   Referred

   Referred to Subcommittee on Conservation Credit and Rural Development.

   Source: Committee

6. 15 April 1985

   Committee

   Executive Comment Requested from USDA.

   Source: Committee

7. 13 September 1985

   Committee

   See H.R.2100.

   Source: Committee

8. 19 September 1985

   Committee

   Favorable Executive Comment Received From USDA.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 19 March 1985

  Open at official source

Sponsors

• Rep. Stenholm, Charles W. [D-TX-17] · D · Sponsor
• Rep. Gunderson, Steve [R-WI-3] · R · Sponsor
• Rep. Bedell, Berkley W. [D-IA-6] · D · Sponsor
• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• Rep. English, Glenn [D-OK-6] · D · Sponsor
• Rep. McCurdy, Dave [D-OK-4] · D · Sponsor
• Rep. Tallon, Robert M. (Robin) [D-SC-6] · D · Sponsor
• Rep. Madigan, Edward R. [R-IL-15] · R · Cosponsor
• Sen. Jeffords, James M. [I-VT] · R · Cosponsor
• Rep. Hefner, W. G. (Bill) [D-NC-8] · D · Cosponsor
• Rep. Whitley, Charles O., Sr. [D-NC-3] · D · Cosponsor
• Rep. Byron, Beverly B. [D-MD-6] · D · Cosponsor
• Rep. Olin, James R. [D-VA-6] · D · Cosponsor
• Rep. Weber, Vin [R-MN-2] · R · Cosponsor
• Rep. Leath, Marvin [D-TX-11] · D · Cosponsor
• Rep. Morrison, Sid [R-WA-4] · R · Cosponsor
• Rep. Leach, James A. [R-IA-2] · R · Cosponsor
• Rep. Boulter, Beau [R-TX-13] · R · Cosponsor
• Rep. Kolbe, Jim [R-AZ-8] · R · Cosponsor
• Rep. Strang, Michael L. [R-CO-3] · R · Cosponsor
• Rep. Derrick, Butler C. [D-SC-3] · D · Cosponsor
• Rep. Kolter, Joseph P. [D-PA-4] · D · Cosponsor
• Rep. Combest, Larry [R-TX-19] · R · Cosponsor
• Rep. Stallings, Richard H. [D-ID-2] · D · Cosponsor
• Rep. Walker, Robert S. [R-PA-16] · R · Cosponsor
• Rep. Hartnett, Thomas F. [R-SC-1] · R · Cosponsor
• Rep. Loeffler, Tom [R-TX-21] · R · Cosponsor
• Rep. Stump, Bob [R-AZ-3] · R · Cosponsor
• Rep. Kastenmeier, Robert W. [D-WI-2] · D · Cosponsor
• Rep. Moody, Jim [D-WI-5] · D · Cosponsor
• Rep. Fuqua, Don [D-FL-2] · D · Cosponsor
• Rep. Bartlett, Steve [R-TX-3] · R · Cosponsor
• Rep. Boner, William H. [D-TN-5] · D · Cosponsor
• Rep. Skelton, Ike [D-MO-4] · D · Cosponsor
• Rep. Lewis, Thomas F. [R-FL-12] · R · Cosponsor
• Rep. Montgomery, G. V. (Sonny) [D-MS-3] · D · Cosponsor
• Rep. McDade, Joseph M. [R-PA-10] · R · Cosponsor
• Rep. Ireland, Andrew P. [R-FL-10] · R · Cosponsor
• Rep. Chappie, Eugene A. [R-CA-2] · R · Cosponsor
• Rep. Luken, Thomas A. [D-OH-1] · D · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Rep. Evans, Cooper [R-IA-3] · R · Cosponsor
• Rep. Lundine, Stanley N. [D-NY-34] · D · Cosponsor
• Rep. Bustamante, Albert G. [D-TX-23] · D · Cosponsor
• Rep. Huckaby, Thomas J. (Jerry) [D-LA-5] · D · Cosponsor
• Rep. Rose, Charlie [D-NC-7] · D · Cosponsor
• Rep. Hopkins, Larry J. [R-KY-6] · R · Cosponsor
• Rep. Bruce, Terry L. [D-IL-19] · D · Cosponsor

Showing 48 of 63 sponsors and actors.

Related records

• related to ← Food Security Act of 1985