A bill to amend the Small Business Act to assist and protect small businesses and to protect small businesses against unreasonable use of economic power by major meatpacking companies, and for other purposes.
Small Business Preservation and Protection Act of 1985 - Defines "packer." Prohibits any packer which has more than a five percent share of the national slaughter in three classifications (steers and heifers, cows and bulls, or hogs) from owning or operating any retail meat outlet.
Prohibits any packer's total annual slaughter for any classification from exceeding 25 percent of the larger of the last two annual national slaughter totals.
Prohibits any packer from discriminating in price between different purchasers of meat food products in any marketing area or selling below costs for the purpose of impairing the marketing ability of small business meatpacking concerns.
Prohibits certain packers which are required to file reports under the Packers and Stockyards Act from engaging in livestock futures contracts.
Vests authority to enforce such prohibitions in the Administrator of the Small Business Administration. Establishes fines for violations and permits small business meatpacking concerns which are injured to sue in district court for treble damages.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to House Committee on Small Business.
Referred to Subcommittee on Conservation Credit and Rural Development.
Referred to Subcommittee on Livestock, Dairy, and Poultry.
Executive Comment Requested from USDA.
Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.
Unfavorable Executive Comment Received From USDA.
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