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H.R. 6067 · 116th Congress

SALE Act of 2020

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Securing All Livestock Equitably Act of 2020 or the SALE Act of 2020

What it does: CRS summary · Introduced in House · Mar 3, 2020

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 specifies requirements regarding enforcement, preserving a trust, notifying lien holders, and purchasing or transferring livestock that is subject to a trust.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: SALE Act of 2020

Also known as: Securing All Livestock Equitably Act of 2020

Latest action (Aug 13, 2020): Referred to the Subcommittee on Livestock and Foreign Agriculture.

Policy area: Agriculture and Food · Origin: House · Introduced: Mar 3, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.