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H.R. 2213

BillFederalHouseIn Committee
Captive Supply Reform Act
About This Bill
Committee
Latest Action · May 31, 2007
Executive Comment Requested from USDA.
Congress
110th (2007–2009)
Introduced
May 8, 2007
Cosponsors (2)
1D 1R
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Summary

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Captive Supply Reform Act - Amends the Packers and Stockyards Act, 1921 respecting livestock producer-packer forward contracts to: (1) require the inclusion of fixed dollar amount base pricing and public bidding; (2) prohibit formula pricing; (3) limit individual contract size; and (4) exclude from the definition of "formula price" futures-based prices and base adjustments resulting from factors outside packer control.

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