Dairy and Livestock Producer Protection Act of 1996

Summary

TABLE OF CONTENTS: Title I: Dairy Industry Security Reserve Fund Title II: Statutory Trust for Livestock Sellers Dairy and Livestock Producer Protection Act of 1996 - Title I: Dairy Industry Security Reserve Fund - Establishes: (1) in the Department of Agriculture the Dairy Industry Security Reserve Fund; and (2) a Board of Trustees to administer such Fund. Finances the Fund through milk handler assessments (with exceptions for noncommercial handlers and handler-producers). Sets forth (Fund) submission and payment of claim provisions for milk producers unable to receive payment from bankrupt handlers. Title II: Statutory Trust for Livestock Sellers - Amends the Packers and Stockyards Act, 1921 to establish a statutory trust for livestock sellers with respect to dealer or market agency purchasers.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 July 1996

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• Introduced in House (PDF)

  Introduced in House · EN · 9 July 1996

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• Introduced in House

  summary · EN · 9 July 1996

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