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AgricultureH.R. 1648Not Yet VotedComments

A–PLUS Act

Official title: To direct the Secretary of Agriculture to amend certain regulations to clarify that livestock auction owners may have an interest in small meatpacking businesses, and for other purposes.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill directs the Department of Agriculture (USDA) 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, USDA must revise its regulations to include a disclosure requirement for a market agency that has an ownership interest in, finances, or participates in the management or operation of a packer. Specifically, the market agency must disclose the existence of such ownership interest, financial relationship, or participation.

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Timeline

  1. House committee actionsReferred to the Subcommittee on Livestock, Dairy, and Poultry.
  2. Library of CongressIntroduced in House
  3. House floor actionsReferred to the House Committee on Agriculture.
  4. Introduced
  5. Committee

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