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USDA/AMS RIN: 0581-AE01 Publication ID: Fall 2021 
Title: Dealer Trust; Add Livestock Dealer Regulation and Statement (AMS-FTPP-21-0015) 
Abstract:

The proposed rule would revise the Packers and Stockyards regulations to add provisions for written notifications related to the new livestock dealer trust. The revisions outline the process for livestock sellers to notify livestock dealers and the Secretary of the seller's intent to preserve their interest in trust benefits should the dealer fail to pay for livestock purchased. The revisions also require livestock sellers to acknowledge in writing that they forfeit rights to the dealer trust under the terms of credit sales to dealers. These provisions mirror existing regulatory provisions related to livestock and poultry sales under the Packers and Stockyards Act.

 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 9 CFR 201.200    9 CFR 202.225 (New)    9 CFR 203.15 (Repeal)   
Legal Authority: Pub. L. 116-260, sec. 763   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/00/2022 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Stuart Frank
Division Director, Packers and Stockyards Division
Department of Agriculture
Agricultural Marketing Service
Federal Building; Room 917, 210 Walnut Street,
Des Moines, IA 50309
Phone:515 323-2586
Email: stuart.frank@usda.gov