Safeguarding America's Farms Entering the Year 2000 Act - Amends the Federal Bankruptcy Code to: (1) reenact Chapter 12, Adjustment of Debts of a Family Farmer with Regular Annual Income (thereby reinstating family farmer bankruptcy relief); (2) cite circumstances under which the claim of a governmental unit that arises as a result of the disposition of a farm asset used in the debtor's farming operation shall be treated as an unsecured claim that is not entitled to priority; and (3) revise the criteria defining family farmer, including the size of the attendant aggregate debt.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Commercial and Administrative Law.
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