What's In Latest Covid-Aid Proposal for Ag?
Provided by the House Committee on Agriculture
Division N, Agriculture Provisions of The Heroes Act 2.0
TITLE I—LIVESTOCK AND POULTRY
SEC. 101. ESTABLISHMENT OF TRUST FOR BENEFIT OF UNPAID CASH SELLERS OF LIVESTOCK. – The bill establishes a livestock dealer trust fund to ensure that livestock producers making cash transactions are paid for their animals.
SEC. 102. EMERGENCY ASSISTANCE FOR MARKET-READY LIVESTOCK AND POULTRY LOSSES. – The bill provides payments for livestock and poultry that are depopulated due to processing plant shut-downs and back-ups because of the health emergency. Payments may not exceed the average market value of the market ready livestock or poultry on the date of depopulation. Packer-owned animals are not eligible for coverage.