Pipeline · Bill → Law
Step 1
Introduced
Feb 27, 2025
Step 2
Referred
Feb 27, 2025
Agriculture, Nutrition, and Forestry
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill directs the Department of Agriculture to revise its regulations to allow certain packers to hold an ownership interest in, finance, or participate in the management or operation of a market agency selling livestock on a commission basis. The bill applies to packers that have a cumulative slaughter capacity of (1) less than 2,000 animals per day or 700,000 animals per year with respect to cattle or sheep, and (2) less than 10,000 animals per day or 3 million animals per year with respect to hogs. In addition, the bill includes a disclosure requirement for a market agency that has an ownership interest in, finances, or participates in the management or operation of a packer to whic...
AI
Timeline · 2 actions
Feb 27, 2025
Introduced in Senate
Feb 27, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.