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Easing Rules: Livestock Auction Owners Can Invest in Small Meat Processors.

This law aims to boost local meat processing capacity by relaxing existing regulations. It allows livestock auction owners to hold ownership interests in or finance small meatpacking businesses. For citizens, this change could mean increased competition, better access to locally sourced meat, and support for smaller farmers and ranchers.
Key points
Livestock auction owners are now permitted to legally invest in or finance small meat processing facilities.
This exception applies only to small packers meeting specific slaughter capacity limits (e.g., less than 2,000 cattle per day).
The goal is to increase processing capacity and strengthen local food supply chains.
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Additional Information
Print number: 118_HR_530
Sponsor: Rep. Alford, Mark [R-MO-4]
Process start date: 2023-01-26