Clarification of Treatment of Electronic Sales of Livestock Act of 2016

Bill: 114-hr-5883
Sponsor: full_name: Rep. Rouzer, David [R-NC-7]
Introduced: 2016-07-14
Policy area: Agriculture and Food
Subjects: Agricultural marketing and promotion

Livestock
Latest action: action_date: 2016-10-07
text: Became Public Law No: 114-237.

Summaries:
action_date: 2016-07-14
action_desc: Introduced in House
text: <p><b>Technical and Clarifying Amendments to the Packers and Stockyards Act of 2016 </b></p> <p>This bill amends the Packers and Stockyards Act, 1921 to expand the definition of &quot;marketing agency&quot; to include any person engaged in the business of buying or selling livestock in commerce through online, video, or other electronic methods on a commission or other fee basis when handling or providing a means to handle receivables or proceeds from the sale of that livestock. </p> <p>The bill also specifies that funds for purchasing livestock may be transferred to the account of the seller by electronic funds transfer or any other expeditious method that the Department of Agriculture determines to be appropriate. </p>

action_date: 2016-09-20
action_desc: Reported to House with amendment(s)
text: <p><b>Clarification of Treatment of Electronic Sales of Livestock Act of 2016</b></p> <p>(Sec. 2) This bill amends the Packers and Stockyards Act, 1921 to expand the definition of &quot;marketing agency&quot; to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term &quot;marketing agency&quot; does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000.</p> <p>(Sec. 3) The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases. </p>

action_date: 2016-09-26
action_desc: Passed House amended
text: <p>(This measure has not been amended since it was reported to the House on September 20, 2016. The summary of that version is repeated here.)</p><p><b>Clarification of Treatment of Electronic Sales of Livestock Act of 2016</b></p> <p>(Sec. 2) This bill amends the Packers and Stockyards Act, 1921 to expand the definition of &quot;marketing agency&quot; to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term &quot;marketing agency&quot; does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000.</p> <p>(Sec. 3) The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases. </p>

action_date: 2016-09-29
action_desc: Passed Senate without amendment
text: <p>(This measure has not been amended since it was reported to the House on September 20, 2016. The summary of that version is repeated here.)</p><p><b>Clarification of Treatment of Electronic Sales of Livestock Act of 2016</b></p> <p>(Sec. 2) This bill amends the Packers and Stockyards Act, 1921 to expand the definition of &quot;marketing agency&quot; to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term &quot;marketing agency&quot; does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000.</p> <p>(Sec. 3) The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases. </p>

action_date: 2016-10-07
action_desc: Public Law
text: <p>(This measure has not been amended since it was reported to the House on September 20, 2016. The summary of that version is repeated here.)</p><p><b>Clarification of Treatment of Electronic Sales of Livestock Act of 2016</b></p> <p>(Sec. 2) This bill amends the Packers and Stockyards Act, 1921 to expand the definition of &quot;marketing agency&quot; to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term &quot;marketing agency&quot; does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000.</p> <p>(Sec. 3) The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases. </p>

tv_txt: I 114th CONGRESS 2d Session H. R. 5883 IN THE HOUSE OF REPRESENTATIVES July 14, 2016 Mr. Rouzer introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Packers and Stockyards Act, 1921, to clarify the duties relating to services furnished in connection with the buying or selling of livestock in commerce through online, video, or other electronic methods, and for other purposes.

1. Short title This Act may be cited as the Technical and Clarifying Amendments to the Packers and Stockyards Act of 2016 . 2. Definition of market agency (a) In general Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended by striking subsection (c) and inserting the following: (c) The term market agency means any person engaged in the business of— (1) buying or selling in commerce livestock on a commission basis; (2) furnishing stockyard services; or (3) buying or selling livestock in commerce through online, video, or other electronic methods on a commission or other fee basis when handling or providing a means to handle receivables or proceeds from the sale of that livestock. . (b) Technical amendments Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— (1) in the matter preceding subsection (a), by striking in this Act— and inserting in this Act: ; (2) in subsection (a), by striking the semicolon at the end and inserting a period; and (3) in subsection (b), by striking the semicolon at the end and inserting a period. 3. Methods to transfer funds Section 409(a) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 228b(a) ) is amended— (1) in the first proviso, by striking shall wire transfer funds to the seller’s account each place it appears and inserting shall transfer funds to the account of the seller by wire, electronic fund transfer, or any other expeditious method determined appropriate by the Secretary ; and (2) in the second proviso, by striking shall wire transfer funds and inserting shall transfer funds by wire, electronic fund transfer, or any other expeditious method determined appropriate by the Secretary .

tv_txt: I One Hundred Fourteenth Congress of the United States of America At the Second Session Begun and held at the City of Washington on Monday, the fourth day of January, two thousand and sixteen H. R. 5883 AN ACT To amend the Packers and Stockyards Act, 1921, to clarify the duties relating to services furnished in connection with the buying or selling of livestock in commerce through online, video, or other electronic methods, and for other purposes.

1. Short title This Act may be cited as the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 . 2. Definition of market agency (a) In general Section 301(c) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201(c) ) is amended— (1) by striking ; and at the end and inserting a period; and (2) by adding at the end the following: Beginning on the date of the enactment of the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 , such term includes any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods when handling or providing the means to handle receivables or proceeds from such buying or selling, so long as such person’s annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, exceeds $250,000. . (b) Technical amendments Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— (1) in the matter preceding subsection (a), by striking When used in this Act— and inserting In this Act: ; (2) in subsection (a), by striking the semicolon at the end and inserting a period; and (3) in subsection (b)— (A) by striking weighting and inserting weighing ; and (B) by striking the semicolon at the end and inserting a period. 3. Methods to transfer funds Section 409(a) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 228b(a) ) is amended— (1) in the first proviso, by striking shall wire transfer funds to the seller’s account each place it appears and inserting shall transfer funds for the full amount of the purchase price to the account of the seller by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary ; and (2) in the second proviso, by striking or dealer shall wire transfer funds and inserting or dealer shall transfer funds for the full amount of the purchase price by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary .

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.

tv_txt: I 114th CONGRESS 2d Session H. R. 5883 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Packers and Stockyards Act, 1921, to clarify the duties relating to services furnished in connection with the buying or selling of livestock in commerce through online, video, or other electronic methods, and for other purposes.

1. Short title This Act may be cited as the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 . 2. Definition of market agency (a) In general Section 301(c) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201(c) ) is amended— (1) by striking ; and at the end and inserting a period; and (2) by adding at the end the following: Beginning on the date of the enactment of the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 , such term includes any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods when handling or providing the means to handle receivables or proceeds from such buying or selling, so long as such person’s annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, exceeds $250,000. . (b) Technical amendments Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— (1) in the matter preceding subsection (a), by striking When used in this Act— and inserting In this Act: ; (2) in subsection (a), by striking the semicolon at the end and inserting a period; and (3) in subsection (b)— (A) by striking weighting and inserting weighing ; and (B) by striking the semicolon at the end and inserting a period. 3. Methods to transfer funds Section 409(a) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 228b(a) ) is amended— (1) in the first proviso, by striking shall wire transfer funds to the seller’s account each place it appears and inserting shall transfer funds for the full amount of the purchase price to the account of the seller by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary ; and (2) in the second proviso, by striking or dealer shall wire transfer funds and inserting or dealer shall transfer funds for the full amount of the purchase price by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary .

Passed the House of Representatives September 26, 2016. Karen L. Haas, Clerk.

tv_txt: II 114th CONGRESS 2d Session H. R. 5883 IN THE SENATE OF THE UNITED STATES September 27, 2016 Received AN ACT To amend the Packers and Stockyards Act, 1921, to clarify the duties relating to services furnished in connection with the buying or selling of livestock in commerce through online, video, or other electronic methods, and for other purposes.

1. Short title This Act may be cited as the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 . 2. Definition of market agency (a) In general Section 301(c) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201(c) ) is amended— (1) by striking ; and at the end and inserting a period; and (2) by adding at the end the following: Beginning on the date of the enactment of the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 , such term includes any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods when handling or providing the means to handle receivables or proceeds from such buying or selling, so long as such person’s annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, exceeds $250,000. . (b) Technical amendments Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— (1) in the matter preceding subsection (a), by striking When used in this Act— and inserting In this Act: ; (2) in subsection (a), by striking the semicolon at the end and inserting a period; and (3) in subsection (b)— (A) by striking weighting and inserting weighing ; and (B) by striking the semicolon at the end and inserting a period. 3. Methods to transfer funds Section 409(a) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 228b(a) ) is amended— (1) in the first proviso, by striking shall wire transfer funds to the seller’s account each place it appears and inserting shall transfer funds for the full amount of the purchase price to the account of the seller by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary ; and (2) in the second proviso, by striking or dealer shall wire transfer funds and inserting or dealer shall transfer funds for the full amount of the purchase price by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary .

Passed the House of Representatives September 26, 2016. Karen L. Haas, Clerk

tv_txt: IB Union Calendar No. 601 114th CONGRESS 2d Session H. R. 5883 [Report No. 114–768] IN THE HOUSE OF REPRESENTATIVES July 14, 2016 Mr. Rouzer introduced the following bill; which was referred to the Committee on Agriculture September 20, 2016 Additional sponsors: Mr. DesJarlais , Mr. Barr , Mr. Kelly of Mississippi , Mrs. Hartzler , Mr. Rooney of Florida , Mr. Costa , Mr. Young of Iowa , Mr. Jones , Mr. Goodlatte , Mr. Palazzo , Mr. Rogers of Alabama , and Mr. Pittenger September 20, 2016 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Strike out all after the enacting clause and insert the part printed in italic For text of introduced bill, see copy of bill as introduced on July 14, 2016 A BILL To amend the Packers and Stockyards Act, 1921, to clarify the duties relating to services furnished in connection with the buying or selling of livestock in commerce through online, video, or other electronic methods, and for other purposes.

1. Short title This Act may be cited as the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 . 2. Definition of market agency (a) In general Section 301(c) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201(c) ) is amended— (1) by striking ; and at the end and inserting a period; and (2) by adding at the end the following: Beginning on the date of the enactment of the Clarification of Treatment of Electronic Sales of Livestock Act of 2016 , such term includes any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods when handling or providing the means to handle receivables or proceeds from such buying or selling, so long as such person’s annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, exceeds $250,000. . (b) Technical amendments Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— (1) in the matter preceding subsection (a), by striking When used in this Act— and inserting In this Act: ; (2) in subsection (a), by striking the semicolon at the end and inserting a period; and (3) in subsection (b)— (A) by striking weighting and inserting weighing ; and (B) by striking the semicolon at the end and inserting a period. 3. Methods to transfer funds Section 409(a) of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 228b(a) ) is amended— (1) in the first proviso, by striking shall wire transfer funds to the seller’s account each place it appears and inserting shall transfer funds for the full amount of the purchase price to the account of the seller by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary ; and (2) in the second proviso, by striking or dealer shall wire transfer funds and inserting or dealer shall transfer funds for the full amount of the purchase price by wire, electronic funds transfer, or any other expeditious method determined appropriate by the Secretary .

September 20, 2016 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed