S 2815
113th Congress
Senate
Agriculture and Food
Agricultural marketing and promotion
Agricultural prices, subsidies, credit
Bankruptcy
Interest, dividends, interest rates
Farmer Flexibility Act of 2014
Introduced: September 16, 2014
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 16, 2014
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sep 16, 2014
Introduced in Senate
Plain-English summary
Farmer Flexibility Act of 2014 - Amends the Agricultural Act of 2014 to require the Secretary of Agriculture (USDA) to extend the terms of marketing assistance loans in cases where a farmer has sold, transferred, or delivered the commodity subject to the loan to a purchaser who has filed for bankruptcy prior to payment. Provides that the extension shall last until after the bankruptcy case is closed or dismissed. Suspends the accrual of interest on the loan during the extension period.
What's happening now
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committees of jurisdiction
1
Cosponsors
1