Home > Legislation > 115th Congress > H.R.4058

H.R.4058 - SALE Act of 2017115th Congress (2017-2018) |

Bill

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Sponsor: Rep. Marshall, Roger W. [R-KS-1] (Introduced 10/12/2017)
Committees: House - Agriculture
Latest Action: House - 10/26/2017 Referred to the Subcommittee on Livestock and Foreign Agriculture.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

More on This Bill

  • Constitutional Authority Statement
  • CBO Cost Estimates [0]

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Summary: H.R.4058 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4058. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/12/2017)

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.