as introduced - 91st Legislature (2019 - 2020) Posted on 05/13/2020 04:31pm
|Introduction||Posted on 04/28/2020|
A bill for an act
relating to agriculture; modifying the time period for the Farmer-Lender Mediation
Act in 2020; amending Laws 2020, chapter 74, article 1, section 19.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Laws 2020, chapter 74, article 1, section 19, is amended to read:
(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 deleted text begin336.9-501 to 336.9-508deleted text endnew text beginnew text end, 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 Servicenew text beginnew text end.
(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 new text beginnew text endbefore a creditor can
proceed to enforce a debt against the debtor's agricultural property.
Laws 2020, chapter 74, article 1, section 19, the effective date, is amended to read:
This section is effective the day following final enactment and
applies to (1) mediation proceedings in progress on the effective date of this section, and
(2) mediation proceedings beginning after the effective date of this section if the mediation
request is filed before deleted text beginJulydeleted text endnew text beginnew text end 31, 2020.
new text begin new text end