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HF 15

as introduced - 91st Legislature, 2020 7th Special Session (2020 - 2020) Posted on 12/14/2020 03:02pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 12/14/2020

Current Version - as introduced

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A bill for an act
 relating to agriculture; modifying farmer-lender mediation extensions; amending
Laws 2020, chapter 74, article 1, section 19, as amended.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 2020, chapter 74, article 1, section 19, as amended by Laws 2020, chapter
97, section 1, is amended to read:


Sec. 19. FARMER-LENDER MEDIATION EXTENSIONS.

(a) The legislature finds that due to the emergency created by the COVID-19 pandemic,
the time period for the Farmer-Lender Mediation Act needs to be temporarily extended to
ensure an orderly process with state assistance to adjust agricultural indebtedness to preserve
the general welfare and fiscal integrity of the state.

(b) Notwithstanding Minnesota Statutes, section 583.26, subdivision 4, a creditor may
not begin or continue proceedings to enforce a debt subject to the Farmer-Lender Mediation
Act against agricultural property of the debtor under Minnesota Statutes, chapter 580 or
581, or Minnesota Statutes, sections 336.9-601 to 336.9-624, to terminate a contract for
deed to purchase agricultural property under Minnesota Statutes, section 559.21, or to
garnish, levy on, execute on, seize, or attach agricultural property until 150 days after the
date the debtor files a mediation request with the director of the Minnesota Extension Service,
or deleted text begin December 1, 2020deleted text end new text begin February 15, 2021new text end , whichever is later.

(c) Any mediation proceeding being conducted pursuant to Minnesota Statutes, chapter
583, and that is in progress on the effective date of this section is allowed an additional 60
days from the date the debtor filed a mediation request with the director of the Minnesota
Extension Service or until deleted text begin December 1, 2020deleted text end new text begin February 15, 2021new text end , whichever is later, before
a creditor can proceed to enforce a debt against the debtor's agricultural property.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively from April 16, 2020.
 new text end