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Code · BILL · 116th Congress · S. 4929 (Introduced in Senate) — To address the history of discrimination against Black farmers and ranchers, to require reforms within the Department... · Sec. 404

Sec. 404. Foreclosure moratorium

99 words·~1 min read·/bill/116/s/4929/is/section-404

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Effective during the period beginning on the date of enactment of this Act and ending on the date that is 1 year after the date on which the public health emergency declared by the Secretary of Health and Human Services under section 319 of the Public Health Service Act ( 42 U.S.C. 247d ) on January 31, 2020, with respect to COVID–19 is lifted, there shall be a moratorium on the Department of Agriculture instituting or completing any foreclosure action on a loan secured by a first or subordinate lien on real property that includes a residence and farmland.
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Sec. 404
Foreclosure moratorium
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