To provide emergency assistance to covered producers for market-ready swine losses due to the COVID-19 pandemic, and for other purposes.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7030 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 7030

 To provide emergency assistance to covered producers for market-ready 
   swine losses due to the COVID-19 pandemic, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 27, 2020

Mr. Hagedorn (for himself and Mr. Emmer) introduced the following bill; 
           which was referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
 To provide emergency assistance to covered producers for market-ready 
   swine losses due to the COVID-19 pandemic, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EMERGENCY ASSISTANCE FOR MARKET-READY SWINE LOSSES.

    (a) In General.--Of the funds of the Commodity Credit Corporation, 
the Secretary shall use $1,200,000,000 to provide emergency relief to 
covered producers to aid in the reduction of intentional depopulation 
losses of swine due to the closure or the reduction in processing 
capacity of a processing plant related to the COVID-19 pandemic.
    (b) Valuation.--In determining the amount of losses for purposes of 
the payment rates under subsection (a), the Secretary shall use the 
average sales price, as determined by the Secretary in collaboration 
with the Chief Economist of the Department of Agriculture and the 
Administrator of the Agricultural Marketing Service, for market-ready 
swine on April 19, 2020. In no case shall the payment made under 
subsection (a) with respect to the losses of a covered producer exceed 
the actual market value of market-ready livestock on the day on which 
the covered producer began to suffer such losses.
    (c) Eligible Losses.--A covered producer shall be eligible for 
losses described in subsection (a) incurred on or after April 19, 2020.
    (d) Definitions.--In this section:
            (1) Covered producer.--The term ``covered producer'' means 
        a person or legal entity that assumes the production and market 
        risks associated with the agricultural production of swine (as 
        such terms are defined in section 2(a) of the Packers and 
        Stockyards Act, 1921 (7 U.S.C. 183(a))).
            (2) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.
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