HR 6067
116th Congress
House
Agriculture and Food
Administrative remedies
Civil actions and liability
Department of Agriculture
Federal district courts
Livestock
SALE Act of 2020
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 13, 2020
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Mar 3, 2020
Referred to the House Committee on Agriculture.
Mar 3, 2020
Introduced in House
Plain-English summary
Securing All Livestock Equitably Act of 2020 or the SALE Act of 2020
This bill requires 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 $100,000.
The bill also specifies requirements regarding enforcement, preserving a trust, notifying lien holders, and purchasing or transferring livestock that is subject to a trust.
What's happening now
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Committees of jurisdiction
2