A bill to amend the Food Stamp Act of 1964 to insure a proper level of accountability on the part of food stamp vendors.
Emergency Food Stamp Vendor Accountability Act - Directs the Secretary of Agriculture, under the Food Stamp Act of 1964, to prescribe regulations to be followed by food coupon vendors or any officers, employees, or agents thereof with respect to the depositing of funds received for such coupons and the accounting for such funds to the State and Federal Government.
Requires vendors to deposit such funds weekly in accordance with Department of Agriculture regulations. Requires more frequent deposit of balances of $1,000 or more.
States that vendors act as fiduciaries of the Federal Government when receiving food coupon funds. Prohibits the use of such funds by vendors for the benefit of any other than the Federal Government.
Requires vendors to report periodically to State and Federal Government agencies the amount of funds deposited.
Establishes criminal penalties for the violation of the regulations established in accordance with this Act.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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