A bill to amend Section 4 of the Perishable Agricultural Commodities Act of 1930 (7 U.S.C. 499d (a)).

Amends the Perishable Agricultural Commodities Act of 1930 to require the Secretary of Agriculture, upon such licensee's request, to examine the circumstances of the bankruptcy of a person licensed to do business as a commission merchant and/or dealer and/or broker, or the bankruptcy of a partner of such licensee. Authorizes the Secretary, after examining such circumstances, to rule that such licensee's license should not terminate.