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Home > Federal Government > S.1017
Chief Sponsor:

Michael B. Enzi

Tagged in: Agricultural prices, Agriculture, Animals, Business, Cattle, Competition, Contracts, Food, Livestock, Meat packing industry

Latest Update: Saturday, October, 11th 2008

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A bill to amend the Packers and Stockyards Act, 1921, to prohibit the use of certain anti-competitive forward contracts.

3/28/2007--Introduced.

Captive Supply Reform Act - Amends the Packers and Stockyards Act, 1921 respecting livestock producer-packer forward contracts to: (1) require the inclusion of fixed dollar amount base pricing and public bidding; (2) prohibit formula pricing; (3) limit individual contract size; and (4) exclude from the definition of "formula price" futures-based prices and base adjustments resulting from factors outside packer control.

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Latest Actions
  • 03/28/2007 - Sponsor introductory remarks on measure. (CR S4058-4059)
  • 03/28/2007 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Bill Text
File name Last Updated
S.1017 Introduced in Senate08/31/2007