S.786: A bill to amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchased livestock from producers.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about commerce
  • Introduced March 6, 2007
  • Latest Major Action March 6, 2007

Bill Cosponsor

Bill Summary

Amends the Agricultural Marketing Act of 1946 to require that 25% of a covered packer's daily kill comes through spot market sales from nonaffiliated producers. Sets forth a different percentage through 2011 for covered packers who reported in the 2006 annual report that more than 75% of their livestock were captive supply livestock Defines "covered packer," "nonaffiliated producer," and "spot market sale."

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
March 6, 2007

Introduced in the Senate by Charles E. Grassley (R-Iowa)

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