# 116-hr-7501: To amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers.

116-hr-7501, To amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers., is a 116th Congress bill sponsored by Rep. Axne, Cynthia [D-IA-3] (D-IA); status Referred to the Subcommittee on Livestock and Foreign Agriculture. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7501
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7501
- Congress: 116
- Title: To amend the Agricultural Marketing Act of 1946 to foster efficient markets and increase competition and transparency among packers that purchase livestock from producers.
- Status: Referred to the Subcommittee on Livestock and Foreign Agriculture.
- Introduced: 2020-07-09
- Sponsor: Rep. Axne, Cynthia [D-IA-3] (D-IA)
- Cosponsors: 2
- Policy area: Agriculture and Food
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill establishes that a minimum of 50% of a covered packer's weekly volume of livestock slaughter must be purchased through spot market sales from nonaffiliated producers. (The term covered packer applies to a packer that is required to report to the Department of Agriculture each reporting day information on the price and quantity of livestock purchased by such packer and does not include a packer that owns only one livestock processing plant.) A spot market sale is a purchase and sale of livestock by a packer from a producer under (1) an agreement that specifies a firm base price that may be equated with a fixed dollar amount on the date the agreement is entered into, (2) which the livestock are slaughtered not more than 14 days after the date on which the agreement is entered into, and (3) circumstances in which a reasonable competitive bidding opportunity exists on the date on which the agreement is entered into.

## Cosponsors (2)

- Rep. Finkenauer, Abby [D-IA-1] (D-IA), 2020-07-09T00:00:00.000Z
- Rep. Loebsack, David [D-IA-2] (D-IA), 2020-07-09T00:00:00.000Z

## Related bills

- 116-hr-8811: COVID–19 Data Accuracy Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader Ginsburg and to place the statue in the United States Capitol in National Statuar…
- 116-hr-8181: Jack Reynold’s Memory MediGap Expansion
- 116-hr-8015: Delivering for America Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act

## Sources
- [116-hr-7501 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7501)

## Related
- [116-hr-8811: COVID–19 Data Accuracy Act](https://policyrisk.com/legislation/116-hr-8811)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8402: To direct the Joint Committee on the Library to obtain a statue of Ruth Bader G…](https://policyrisk.com/legislation/116-hr-8402)
- [116-hr-8181: Jack Reynold’s Memory MediGap Expansion](https://policyrisk.com/legislation/116-hr-8181)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7501 (as of 2025-11-18).