Expanding Local Meat Processing Act of 2023
Source: Congress.gov ·
343 words in original text
What This Bill Does
This bill asks the Secretary of Agriculture to change federal regulations. The change would allow certain small meat packers to own a financial interest in market agencies (businesses that help buy and sell livestock). The bill is called the Expanding Local Meat Processing Act of 2023.
Who It Affects
Small meat packing companies that kill and process cattle, sheep or hogs. The Secretary of Agriculture and the agriculture department.
Key Provisions
- The Secretary of Agriculture must change the rules in section 201.67 of title 9 in the Code of Federal Regulations within one year of the law passing (Sec. 2(a)).
- Small cattle and sheep packers with less than 2,000 animals per day or 700,000 animals per year of processing capacity can own an interest in market agencies (Sec. 2(b)(1)).
- Small hog packers with less than 10,000 animals per day or 3,000,000 animals per year of processing capacity can own an interest in market agencies (Sec. 2(b)(2)).
What Changes
If this bill becomes law, smaller meat packers will be allowed to own a financial stake in market agencies when they currently cannot under federal regulation section 201.67.
Important Definitions
- Market agencies: businesses involved in buying and selling livestock
- Cumulative slaughter capacity: the total number of animals a company can kill and process per day or per year
Effective Date
Not specified in bill text (the Secretary has one year from when the law passes to make the regulation changes).
Important: This plain English summary was generated by AI and is provided for informational purposes only.
It is not legal advice. Always consult the official bill text on Congress.gov
or a qualified attorney for legal matters.