S.3419: SALE Act of 2020

About This Bill

Bill Version

Bill Summary

Securing All Livestock Equitably Act of 2020 or the SALE Act of 2020 This bill 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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.3419.

Bill Actions

Date Description
March 9, 2020
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
March 9, 2020

Introduced in the Senate by James M. Inhofe (R-Okla.)

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