legislation: 114-s-3350

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-s-3350 114 s 3350 Clarification of Treatment of Electronic Sales of Livestock Act of 2016 Agriculture and Food 2016-09-15 2016-09-15 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Senate Sen. Cochran, Thad [R-MS] MS R C000567 1 Clarification of Treatment of Electronic Sales of Livestock Act of 2016 This bill amends the Packers and Stockyards Act, 1921 to expand the definition of "marketing agency" to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term "marketing agency" does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000. The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases. 2023-01-11T13:33:33Z  

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