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Ending Taxpayer Support for Big Egg Producers: New Compensation Rules

This act changes how large egg producers receive compensation for avian influenza losses. To get taxpayer money, these companies must meet new conditions, including restricting dividend payments and stock repurchases. This aims to ensure aid goes to companies truly in need, not to enrich shareholders.
Key points
Large egg producers (over $100 million in annual revenue and 1,500+ employees) will only receive avian influenza compensation if they certify they won't pay dividends or repurchase stock for two years.
Private equity-owned or public companies must also prove the aid is essential for ongoing operations and they lack other sufficient liquidity sources.
Knowingly making false statements to receive compensation will result in full repayment with interest, a fine up to $1 million, or up to 5 years imprisonment.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_S_1904
Sponsor: Sen. Reed, Jack [D-RI]
Process start date: 2025-05-22