HR 4058
115th Congress
House
Agriculture and Food
Livestock
SALE Act of 2017
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2017
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Oct 12, 2017
Referred to the House Committee on Agriculture.
Oct 12, 2017
Introduced in House
Plain-English summary
Securing All Livestock Equitably Act of 2017 or the SALE Act of 2017
This bill amends the Packers and Stockyards Act, 1921 to require all livestock purchased by a dealer in cash sales and all inventories of, or receivables or proceeds from, such livestock to be held by the dealer in a trust until all unpaid cash sellers of the livestock have been paid. The bill exempts from the requirement any dealer whose average annual purchases of livestock do not exceed $500,000.
What's happening now
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Committees of jurisdiction
2