US SB3419 | 2019-2020 | 116th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 18-3)
Status: Introduced on March 9 2020 - 25% progression, died in committee
Action: 2020-03-09 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 9 2020 - 25% progression, died in committee
Action: 2020-03-09 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
SALE Act of 2020 Securing All Livestock Equitably Act of 2020
Sponsors
Sen. James Inhofe [R-OK] | Sen. Tina Smith [D-MN] | Sen. Kevin Cramer [R-ND] | Sen. John Hoeven [R-ND] |
Sen. Joni Ernst [R-IA] | Sen. Steve Daines [R-MT] | Sen. Jon Tester [D-MT] | Sen. Cindy Hyde-Smith [R-MS] |
Sen. Chuck Grassley [R-IA] | Sen. Shelley Capito [R-WV] | Sen. Jerry Moran [R-KS] | Sen. John Thune [R-SD] |
Sen. Doug Jones [D-AL] | Sen. Deb Fischer [R-NE] | Sen. Marsha Blackburn [R-TN] | Sen. Michael Enzi [R-WY] |
Sen. John Barrasso [R-WY] | Sen. John Boozman [R-AR] | Sen. Tom Cotton [R-AR] | Sen. Marco Rubio [R-FL] |
Sen. Ben Sasse [R-NE] |
History
Date | Chamber | Action |
---|---|---|
2020-03-09 | Senate | Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. |
Same As/Similar To
HB6067 (Related) 2020-08-13 - Referred to the Subcommittee on Livestock and Foreign Agriculture.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3419/all-info |
Text | https://www.congress.gov/116/bills/s3419/BILLS-116s3419is.pdf |