To establish a reserve fund to reimburse milk producers for losses incurred as a result of the bankruptcy of a milk handler that marketed raw milk from the producers, to provide funds for the reserve fund through an assessment on all milk handlers, and to establish a Board of Trustees to administer the reserve fund.
Dairy Industry Security Reserve Fund Act - Establishes in the Department of Agriculture the Dairy Industry Security Reserve Fund to cover milk producer claims against bankrupt handlers.
Establishes a Board of Trustees to administer the Fund.
Finances the fund through milk handler assessments.
Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on Livestock.
Executive Comment Requested from USDA.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line