Division N — Agriculture Provisions
N Agriculture Provisions
I Livestock and Poultry
Sec. 101 Establishment of trust for benefit of unpaid cash sellers of livestock
“318. Statutory trust established; dealer
“(a) Establishment
“(1) In general—All livestock purchased by a dealer in cash sales and all inventories of, or receivables or proceeds from, such livestock shall be held by such dealer in trust for the benefit of all unpaid cash sellers of such livestock until full payment has been received by such unpaid cash sellers.
“(2) Exemption—Any dealer whose average annual purchases of livestock do not exceed $100,000 shall be exempt from the provisions of this section.
“(3) Effect of dishonored instruments—For purposes of determining full payment under paragraph (1), a payment to an unpaid cash seller shall not be considered to have been made if the unpaid cash seller receives a payment instrument that is dishonored.
“(b) Preservation of trust—An unpaid cash seller shall lose the benefit of a trust under subsection (a) if the unpaid cash seller has not preserved the trust by giving written notice to the dealer involved and filing such notice with the Secretary—
“(1) within 30 days of the final date for making a payment under section 409 in the event that a payment instrument has not been received; or
“(2) within 15 business days after the date on which the seller receives notice that the payment instrument promptly presented for payment has been dishonored.
“(c) Notice to lien holders—When a dealer receives notice under subsection (b) of the unpaid cash seller’s intent to preserve the benefits of the trust, the dealer shall, within 15 business days, give notice to all persons who have recorded a security interest in, or lien on, the livestock held in such trust.
“(d) Cash Sales Defined—For the purpose of this section, a cash sale means a sale in which the seller does not expressly extend credit to the buyer.
“(e) Purchase of livestock subject to trust
“(1) In general—A person purchasing livestock subject to a dealer trust shall receive good title to the livestock if the person receives the livestock—
“(A) in exchange for payment of new value; and
“(B) in good faith without notice that the transfer is a breach of trust.
“(2) Dishonored payment instrument—Payment shall not be considered to have been made if a payment instrument given in exchange for the livestock is dishonored.
“(3) Transfer in satisfaction of antecedent debt—A transfer of livestock subject to a dealer trust is not for value if the transfer is in satisfaction of an antecedent debt or to a secured party pursuant to a security agreement.
“(f) Enforcement—Whenever the Secretary has reason to believe that a dealer subject to this section has failed to perform the duties required by this section or whenever the Secretary has reason to believe that it will be in the best interest of unpaid cash sellers, the Secretary shall do one or more of the following—
“(1) Appoint an independent trustee to carry out the duties required by this section, preserve trust assets, and enforce the trust.
“(2) Serve as independent trustee, preserve trust assets, and enforce the trust.
“(3) File suit in the United States district court for the district in which the dealer resides to enjoin the dealer’s failure to perform the duties required by this section, preserve trust assets, and to enforce the trust. Attorneys employed by the Secretary may, with the approval of the Attorney General, represent the Secretary in any such suit. Nothing herein shall preclude unpaid sellers from filing suit to preserve or enforce the trust.”
Sec. 102 Emergency assistance for market-ready livestock and poultry losses
Sec. 103 Animal disease prevention and management response
Sec. 104 Grants for improvements to meat and poultry facilities to allow for interstate shipment
Sec. 105 Payments to contract producers
Sec. 106 Reports and outreach related to meat and poultry processing
II Dairy
Sec. 201 Dairy direct donation program
Sec. 202 Supplemental dairy margin coverage payments
Sec. 203 Recourse loan program for commercial processors of dairy products
Sec. 204 Dairy margin coverage premium discount for a 3-year signup
III Specialty Crops and Other Commodities
Sec. 301 Support for specialty crop sector
“(3) COVID–19 outbreak support
“(A) In general—The Secretary shall make grants to States eligible to receive a grant under this section to assist State efforts to support the specialty crop sector for impacts related to the COVID–19 public health emergency.
“(B) Funding—There is appropriated, out of any funds in the Treasury not otherwise appropriated, to carry out subparagraph (A) not less than $500,000,000, to remain available until expended.”
Sec. 302 Support for local agricultural markets
“(4) Grants for COVID–19 assistance
“(A) In general—In addition to grants made under the preceding provisions of this subsection, the Secretary shall make grants to eligible entities specified in paragraphs (5)(B) and (6)(B) of subsection (d) to provide assistance in response to the COVID–19 pandemic.
“(B) Matching funds applicability—The Secretary may not require a recipient of a grant under subparagraph (A) to provide any non-Federal matching funds.
“(C) Funding—There is appropriated, out of any funds in the Treasury not otherwise appropriated, to carry out this paragraph, $350,000,000, to remain available until expended.”
Sec. 303 Support for farming opportunities training and outreach
“(m) Additional funding
“(1) In general—The Secretary shall make grants to, or enter into cooperative agreements or contracts with, eligible entities specified in subsection (c)(1) or entities eligible for grants under subsection (d) to provide training, outreach, and technical assistance on operations, financing, and marketing, including identifying Federal, State, or local assistance available, to beginning farmers and ranchers, socially disadvantaged farmers and ranchers, and veteran farmers and ranchers in response to the COVID–19 pandemic.
“(2) Matching funds applicability—The Secretary may not require a recipient of a grant under this subsection to provide any non-Federal matching funds.
“(3) Funding—There is appropriated, out of any funds in the Treasury not otherwise appropriated, to carry out this subsection, $50,000,000, to remain available until expended.”
Sec. 304 Support for farm stress programs
Sec. 305 Support for processed commodities
IV Commodity Credit Corporation
Sec. 401 Emergency assistance
“(h) Remove and dispose of or aid in the removal or disposition of surplus livestock and poultry due to significant supply chain interruption during an emergency period.”
Sec. 402 Congressional notification and report
“20. Congressional notification
“(a) In general—The Secretary shall notify in writing, by first-class mail and electronic mail, the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate in advance of any obligation or expenditure authorized under this Act.
“(b) Written notice—A written notice required under subsection (a) shall specify the commodities that will be affected, the maximum financial benefit per commodity, the expected legal entities or individuals that would receive financial benefits, the intended policy goals, and the projected impacts to commodity markets.
“(c) Exception to the written notice requirement—Subsection (a) shall not apply if, prior to obligating or spending any funding described in such subsection, the Secretary obtains approval in writing from each of the following individuals—
“(1) the Chair of the Committee on Agriculture of the House of Representatives;
“(2) the Ranking Member of the Committee on Agriculture of the House of Representatives;
“(3) the Chair of the Committee on Agriculture, Nutrition, and Forestry of the Senate; and
“(4) the Ranking Member of the Committee on Agriculture, Nutrition, and Forestry of the Senate.
“(d) Exclusion for preexisting authorizations—This section shall not apply to obligations and expenditures authorized under the Agriculture Improvement Act of 2018 (Public Law 115–334).”