House Bill 4058
115th Congress(2017-2018)
SALE Act of 2017
Introduced
Introduced in House on Oct 12, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4058
Congress
115
Policy Area
Agriculture and Food
Agriculture and Food
Primary focus of measure is agricultural practices; agricultural prices and marketing; agricultural education; food assistance or nutrition programs; food industry, supply, and safety; aquaculture; horticulture and plants. Measures concerning international trade in agricultural products may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
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.
October 12, 2017
10/26/2017
Referred to the Subcommittee on Livestock and Foreign Agriculture.
10/12/2017
Referred to the House Committee on Agriculture.
10/12/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:25 PM