SALE Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Oct 12, 2017)
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 just happenedOct 26, 2017
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Who’s behind it
- Introduced in HouseOct 12, 2017
- Oct 26, 2017Committee
Referred to the Subcommittee on Livestock and Foreign Agriculture.
Livestock, Dairy, and Poultry Subcommittee - Oct 12, 2017IntroReferralH11100
Referred to the House Committee on Agriculture.
Agriculture Committee - Oct 12, 2017IntroReferralIntro-H
Introduced in House
- Oct 12, 2017IntroReferral1000
Introduced in House