PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Congressional Research Service
Version 00 · Introduced in Senate · Sep 15, 2016
Clarification of Treatment of Electronic Sales of Livestock Act of 2016
This bill amends the Packers and Stockyards Act, 1921 to expand the definition of "marketing agency" to include any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods. The term "marketing agency" does not include a person whose annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, is less than $250,000.
The bill also permits electronic funds transfers and other expeditious payment methods that the Department of Agriculture determines to be appropriate to be used as options for meeting prompt payment requirements for livestock purchases.
People & committees
Sen. Cochran, Thad [R-MS] · R–MS
Legislative record
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate
Primary sources
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Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.
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