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A bill to amend the Act of June 22, 1948.
Last updated: 10/27/2025 · Introduced: 2/19/2025
Author: Tina Smith (D-MN)
TL;DR (AI)
- This bill amends the Thye-Blatnik Act of 1948 to modify how appraised values are calculated.
- The revised calculation requires consideration of historical fair appraised values alongside the highest fair appraised value.
- The Secretary of Agriculture is responsible for determining the appraised value under the revised calculation.
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Other Sections
Includes provisions on preamble, appraisals..
2 sections
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