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[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2051 Engrossed in House (EH)]

114th CONGRESS
  1st Session
                                H. R. 2051

_______________________________________________________________________

                                 AN ACT

 
To amend the Agricultural Marketing Act of 1946 to extend the livestock 
    mandatory price reporting requirements, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE .

    This Act may be cited as the ``Mandatory Price Reporting Act of 
2015''.

SEC. 2. EXTENSION OF LIVESTOCK MANDATORY REPORTING.

    (a) Extension of Authority.--Section 260 of the Agricultural 
Marketing Act of 1946 (7 U.S.C. 1636i) is amended by striking 
``September 30, 2015'' and inserting ``September 30, 2020''.
    (b) Emergency Authority.--Section 212(12)(C) of the Agricultural 
Marketing Act of 1946 (7 U.S.C. 1635a(12)(C)) is amended by inserting 
``, including any day on which any Department employee is on shutdown 
or emergency furlough as a result of a lapse in appropriations'' after 
``conduct business''.
    (c) Conforming Amendment.--Section 942 of the Livestock Mandatory 
Reporting Act of 1999 (7 U.S.C. 1635 note; Public Law 106-78) is 
amended by striking ``September 30, 2015'' and inserting ``September 
30, 2020''.

SEC. 3. SWINE REPORTING.

    (a) Definitions.--Section 231 of the Agricultural Marketing Act of 
1946 (7 U.S.C. 1635i) is amended--
            (1) by redesignating paragraphs (9) through (22) as 
        paragraphs (10) through (23), respectively;
            (2) by inserting after paragraph (8) the following new 
        paragraph:
            ``(9) Negotiated formula purchase.--The term `negotiated 
        formula purchase' means a purchase of swine by a packer from a 
        producer under which--
                    ``(A) the pricing mechanism is a formula price for 
                which the formula is determined by negotiation on a 
                lot-by-lot basis; and
                    ``(B) the swine are scheduled for delivery to the 
                packer not later than 14 days after the date on which 
                the formula is negotiated and swine are committed to 
                the packer.'';
            (3) in paragraph (12)(A) (as so redesignated), by inserting 
        ``negotiated formula purchase,'' after ``pork market formula 
        purchase,''; and
            (4) in paragraph (23) (as so redesignated)--
                    (A) in subparagraph (C), by striking ``and'' at the 
                end;
                    (B) by redesignating subparagraph (D) as 
                subparagraph (E); and
                    (C) by inserting after subparagraph (C) the 
                following new subparagraph:
                    ``(D) a negotiated formula purchase; and''.
    (b) Daily Reporting.--Section 232(c) of the Agricultural Marketing 
Act of 1946 (7 U.S.C. 1635j(c)) is amended--
            (1) in paragraph (1)(D), by striking clause (ii) and 
        inserting the following new clause:
                            ``(ii) Price distributions.--The 
                        information published by the Secretary under 
                        clause (i) shall include--
                                    ``(I) a distribution of net prices 
                                in the range between and including the 
                                lowest net price and the highest net 
                                price reported;
                                    ``(II) a delineation of the number 
                                of barrows and gilts at each reported 
                                price level or, at the option of the 
                                Secretary, the number of barrows and 
                                gilts within each of a series of 
                                reasonable price bands within the range 
                                of prices; and
                                    ``(III) the total number and 
                                weighted average price of barrows and 
                                gilts purchased through negotiated 
                                purchases and negotiated formula 
                                purchases.''; and
            (2) in paragraph (3), by adding at the end the following 
        new subparagraph:
                    ``(C) Late in the day report information.--The 
                Secretary shall include in the morning report and the 
                afternoon report for the following day any information 
                required to be reported under subparagraph (A) that is 
                obtained after the time of the reporting day specified 
                in such subparagraph.''.

SEC. 4. LAMB REPORTING.

    Not later than 180 days after the date of the enactment of this 
Act, the Secretary of Agriculture shall revise section 59.300 of title 
7, Code of Federal Regulations, so that--
            (1) the definition of the term ``importer''--
                    (A) includes only those importers that imported an 
                average of 1,000 metric tons of lamb meat products per 
                year during the immediately preceding 4 calendar years; 
                and
                    (B) may include any person that does not meet the 
                requirement referred to in subparagraph (A), if the 
                Secretary determines that the person should be 
                considered an importer based on their volume of lamb 
                imports; and
            (2) the definition of the term ``packer''--
                    (A) applies to any entity with 50 percent or more 
                ownership in a facility;
                    (B) includes a federally inspected lamb processing 
                plant which slaughtered or processed the equivalent of 
                an average of 35,000 head of lambs per year during the 
                immediately preceding 5 calendar years; and
                    (C) may include any other lamb processing plant 
                that did not meet the requirement referred to in 
                subparagraph (B), if the Secretary determines that the 
                processing plant should be considered a packer after 
                considering its capacity.

SEC. 5. STUDY ON LIVESTOCK MANDATORY REPORTING.

    (a) In General.--The Secretary of Agriculture, acting through the 
Agricultural Marketing Service in conjunction with the Office of the 
Chief Economist and in consultation with cattle, swine, and lamb 
producers, packers, and other market participants, shall conduct a 
study on the program of information regarding the marketing of cattle, 
swine, lambs, and products of such livestock under subtitle B of the 
Agricultural Marketing Act of 1946 (7 U.S.C. 1635 et seq.). Such study 
shall--
            (1) analyze current marketing practices in the cattle, 
        swine, and lamb markets;
            (2) identify legislative or regulatory recommendations made 
        by cattle, swine, and lamb producers, packers, and other market 
        participants to ensure that information provided under such 
        program--
                    (A) can be readily understood by producers, 
                packers, and other market participants;
                    (B) reflects current marketing practices; and
                    (C) is relevant and useful to producers, packers, 
                and other market participants;
            (3) analyze the price and supply information reporting 
        services of the Department of Agriculture related to cattle, 
        swine, and lamb; and
            (4) address any other issues that the Secretary considers 
        appropriate.
    (b) Report.--Not later than January 1, 2020, the Secretary of 
Agriculture shall submit to the Committee on Agriculture of the House 
of Representatives and the Committee on Agriculture, Nutrition, and 
Forestry of the Senate a report containing the findings of the study 
conducted under subsection (a).

            Passed the House of Representatives June 9, 2015.

            Attest:

                                                                 Clerk.
114th CONGRESS

  1st Session

                               H. R. 2051

_______________________________________________________________________

                                 AN ACT

To amend the Agricultural Marketing Act of 1946 to extend the livestock 
    mandatory price reporting requirements, and for other purposes.
```