In Re Black Farmers Settlement Update 14
On January 23, 2013, Class Counsel filed a Motion for an Order Designating Settlement Fund As A Qualified Settlement Fund Pursuant To 26 U.S.C. § 468b.
What does this mean?
According to the Motion, “the purpose of a Q[ualified] S[ettlement] F[und], as expressly authorized by the [United States] Code, is to ensure that the recipients of funds from such a litigation settlement are not taxed until they actually receive the funds.”
The judge has not yet ruled on the motion.
We’re not sure at this point if this would benefit the class member or the lawyers and administrators that are being paid from the settlement fund as well. However, the motion was filed simply in an abundance of caution as the Settlement Administrator has already set up the account for the settlement fund as a Qualified Settlement Fund.
The defense counsel did not oppose the motion.
New Updates
I know I am preaching to the choir, but I say again. The claim administrators along with the ombudsman and neutrals are stealing from our account. And it is all being approved by Judge friedman.
Don’t be blinded by what the attorneys are asking for. Look closer at those who already have a hand full of our money.
@j.s. you are right its just a free hand out to them they dont care about black farmers or black people
@S.L. OH! GOD THIS IS SO FRUSTRATING.
Yes, I said it. Our money. The judge is approving and paying everybody except those who the funds are intended for.
We will eventually get ours, but we must first be humiliated.
Everyone check out update 15
Can’t find update 15
@Paula you are in my thoughts and prayers, I know your surgery will go well, I claim it and I believe it. Haven’t heard anything new. The only thing he is telling me is be on the look out for things to end in the month of February. I called him and told him about update 15 he has not got back with me yet. My prayers goes out to everyone that is sick or have any family members that are sick. God is with us we must it forget that. He said it in his word. Call me crazy, but I believe it. Going to update 15
We must not forget that.
To Paula and all who are going through a time of sickness in your families I pray that God will restore you all with Good Health in the name of Jesus right now.
You are right, they don’t care about black farmers or black people period, but this isn’t nothing new for us, we are strong people and we will get through this together….
New Black Farmers Funding Settlement Bill
WASHINGTON — United States Senator Mary L. Landrieu, D-La., joined with Senate Agriculture Committee Chair Blanche Lincoln, D-Ark., and Senator Kay Hagan, D-N.C., has introduced a bill to fund the $1.15 billion settlement to black farmers from the 1999 Pigford discrimination suit against the U.S. Department of Agriculture (USDA).
“This injustice has gone on for far too long,” said Sen. Landrieu. “The U.S. Congress needs to make this right and the reality is that we are running out of options. That is why Senator Hagan, Senator Lincoln and I have introduced a stand alone bill today. We will try to attach this bill to any moving legislative vehicle in the Senate. But if the political environment is such that no bill is moving, Senate Leadership will need to call up this stand alone bill and debate it on its merits. I think that Senate Leadership is going to need to take a good, long look at that option.”
“The time is long overdue to fund the discrimination settlement for African American farmers who have experienced decades of injustice,” Lincoln said. “All farmers should receive equal access and treatment in the delivery of USDA’s programs and services and we must finally close this chapter of discrimination within USDA. While funding this settlement will not erase the anxiety and frustrations so many hard-working farmers experienced, it will help compensate their financial losses and finally begin laying the foundation in restoring their faith in the United States government.”
“We want to ensure black farmers in our country finally receive the justice they deserve,” said Hagan. “More than 4,000 African American farmers in North Carolina and over 75,000 nationwide have been discriminated against and denied just compensation for decades. Today, I join with my colleagues from Louisiana and Arkansas, Senators Landrieu and Lincoln, to introduce a bill to fund the settlement once and for all, and we are working to send this language to the President.”
For decades, the government blatantly discriminated against African-American farmers by denying them loans that were awarded to their white counterparts. In 1999, the USDA settled a class-action lawsuit that compensated approximately 15,000 African-American farmers. The compensation per farmer was about $50,000.
On many occasions, funding for the Pigford settlement has been attached to bills in both the House of Representatives and the Senate, but has never been included in the final version. On February 12, 2010, President Obama requested that the Pigford settlement be included in the Emergency Supplemental bill, but it was ultimately removed from that bill as well.
There are 71,000 black farmers eligible for claims filed under the Pigford lawsuits. In Louisiana, 985 farmers have filed an eligible claim and more than 2,500 are eligible late filers. There are approximately 1,900 African-American farmers currently in Louisiana.
FEBRUARY 14, 2013
http://www.blackradionetwork.com > New Black Farmers Funding Settlement Bill
this is were my post came from.
where is my money
Why is, it taking so long to pay the blacks? I know that every one else are getting paid. The Indians got their money right away. The Blacks are still waiting. We will all be Dead,before we get our checks. Which is what I think they are waiting on. Just saying.
Wat really going on with this
They really trippin on the black people because we are exceeding to great measure in life…give us our money
In the Name of Jesus…The money will be released this month-March 2013.