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The Family Farmer Bankruptcy Clarification Act reiterates Congress earlier action to enable bankrupt family farmers reorganizing their debts to treat capital gains taxes owed to a governmental unit, arising from the sale of farm assets during a bankruptcy, as general unsecured claims.
By reorganizing treasury into a value-added financial center for EDS and obtaining more visibility for the department, Krenz has realized a twofold payoff whose benefits should only continue to increase.
The sanctions call for reassignment of the principal, subject to findings, and in addition, at least one other action, including allowing students to attend any public school with available space; allowing parents to establish a charter school; assigning management to another educational institution; reassigning teachers; or reorganizing or closing the school.