Second Stage Stage in the legislative process — click for what it means Defeated The bill’s status — click for what it means 33rd Dáil The House currently handling the bill 46/2022 Official bill number / year
Impaired Farm Credit Bill 2022
- Sponsor
- Michael Healy-Rae · Independent
- Introduced
- 26 Apr 2022
- Last updated
- 20 Feb 2025
What this bill does AI · claude-haiku-4-5-20251001
- Splits farm mortgages into farmhouse and farmlands; farmhouse gets home-loan protections and cannot be repossessed without court order.
- Creates moratorium period monitored by receiver to allow farmers develop debt settlement proposal before possession or sale of farmlands.
- Allows court to impose binding debt restructuring on creditors following EU Directive 2019/1023, enabling debt discharge and fresh start for viable farms.
Stage timeline What do these stages mean?
- First Stage 33rd Dáil26 Apr 2022
- Second Stage 33rd Dáil26 Apr 2022
Debates
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