Description: H.Amdt.458 — 108th Congress (2003-2004)
Amendment in the nature of a substitute sought to make Chapter 12 farm bankruptcy protections a permanent part of the Bankruptcy Code; increase the debt limits that a family farm can hold to qualify for Chapter 12 from $1.5 million to $3.2 million; index those debt limits to the consumer price index; and expand this type of bankruptcy protection to family fishermen.
An amendment numbered 2 printed in House Report 108-407 to make chapter 12 of title 11 of the U.S. Bankruptcy Code, dealing with `family farmer' reorganization, permanent and to expand eligibility requirements.
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