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United States · Bill · HR

H.R. 4058 (115th)

SALE Act of 2017

referredUnited States· United States Congress· EN

Introduced

12 October 2017

Last action

Status

Referred to the Subcommittee on Livestock and Foreign Agriculture.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Securing All Livestock Equitably Act of 2017 or the SALE Act of 2017 This bill amends the Packers and Stockyards Act, 1921 to require 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 $500,000.

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Documents

3 official files

Introduced in House (text)

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Sources

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