Summary: H.R.2213 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.2213. Bill summaries are authored by CRS.

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Introduced in House (05/08/2007)

Captive Supply Reform Act - Amends the Packers and Stockyards Act, 1921 respecting livestock producer-packer forward contracts to: (1) require the inclusion of fixed dollar amount base pricing and public bidding; (2) prohibit formula pricing; (3) limit individual contract size; and (4) exclude from the definition of "formula price" futures-based prices and base adjustments resulting from factors outside packer control.