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H.R. 7639: Cattle Price Discovery and Transparency Act of 2022

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H.R. 7639: Cattle Price Discovery and Transparency Act of 2022

117th Congress · introduced 2022-05-03 · Agriculture and Food · Latest: Referred to the Subcommittee on Livestock and Foreign Agriculture.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-05-03 · official record
  2. Who proposed it: Rep. Axne, Cynthia [D-IA-3] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Livestock and Foreign Agriculture. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Cattle Price Discovery and Transparency Act of 2022

Plain summary

Cattle Price Discovery and Transparency Act of 2022 This bill requires the Department of Agriculture (USDA) to take various actions to address transparency in contract terms and pricing in the cattle industry. Among these requirements, USDA must maintain a publicly available library or catalog of contracts entered into between meat packers and livestock producers for the purchase of cattle, including any schedules of premiums or discounts associated with the contracts and other specific details. USDA must make this information available to producers and other interested parties in a monthly report. The bill further requires USDA to establish five to seven regions encompassing the entire continental United States that reasonably reflect similar fed cattle purchase practices for processing plants and establish mandatory minimums for each region (i.e., the minimum percentage of cattle purchases that are required to be made through approved pricing mechanisms from producers that are not packers). Under the bill, approved pricing mechanisms are generally purchases of fed cattle made through a negotiated purchase, through a negotiated grid purchase, at a stockyard, or through trading systems or platforms where multiple buyers and sellers can regularly make and accept bids and offers. The bill also establishes a maximum penalty for mandatory minimum violations by covered packers. Under the bill, a covered packer is a packer that has slaughtered an average of 5% or more of the number of fed cattle slaughtered nationally during the immediately preceding five calendar years.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Cattle Price Discovery and Transparency Act of 2022

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Axne, Cynthia [D-IA-3] · 9 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Randy Feenstra (R-IA), Ashley Hinson (R-IA), Mariannette Miller-Meeks (R-IA), Mike Levin (D-CA), Alma S. Adams (D-NC), Elissa Slotkin (D-MI)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr7639 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117