United States · Bill · HR
H.R. 4266 (99th)
A bill entitled "Farm Foreclosure Relief Act".
Introduced
27 February 1986
Last action
—
Status
Referred to Subcommittee on Conservation Credit and Rural Development.
Sponsors
—
Subjects
Discovery layer
Source updated
5 February 2024
Summary
Amends the Consolidated Farm and Rural Development Act to exempt from foreclosure an obligor's principal residence and acreage and up to $7,500 of personal property. Permits an individual to waive such exemption. Authorizes the Secretary of Agriculture, in lieu of such exemption, to sell the residence (under conditions set forth by this Act) and exempt the first $50,000 of the sale's proceeds.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 27 February 1986
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4266
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4266