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Senate File 2117

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 22.7, Code Supplement 1995, is amended
  1  2 by adding the following new subsection:
  1  3    NEW SUBSECTION.  33.  Reports submitted by dealers or
  1  4 brokers to the secretary of state as provided in section
  1  5 172A.14.
  1  6    Sec. 2.  NEW SECTION.  172A.14  REPORTING.
  1  7    1.  A dealer or broker, other than a cold storage plant
  1  8 regulated under chapter 171 or a frozen food locker plant
  1  9 regulated under chapter 172, shall file with the secretary of
  1 10 state, an annual report, and supplemental weekly reports,
  1 11 setting forth information regarding each contract in force, in
  1 12 which the dealer or broker is a party, for the purchase of
  1 13 livestock or poultry, and which sets a date for delivery more
  1 14 than twenty days after the making of the contract.  The
  1 15 reports shall include all of the following information:
  1 16    a.  The name and business address of the dealer or broker.
  1 17    b.  The name and business address of the other party to the
  1 18 contract.
  1 19    c.  The type of species of livestock or poultry subject to
  1 20 the contract.
  1 21    d.  The number of head of livestock or poultry subject to
  1 22 the contract.
  1 23    e.  The price paid per hundredweight for the purchase of
  1 24 the livestock or poultry.
  1 25    f.  The date the contract was executed and the delivery
  1 26 date for the livestock or poultry.
  1 27    g.  Any additional related information required by the
  1 28 secretary of state necessary to administer this section.
  1 29    2.  The annual and weekly reports shall be filed as
  1 30 provided by rules adopted by the secretary of state pursuant
  1 31 to chapter 17A.  However, the annual report shall not be filed
  1 32 later than March 31 of each year.  The reports shall be
  1 33 completed on forms prepared by the secretary of state and
  1 34 filed according to procedures required by the secretary of
  1 35 state.
  2  1    3.  Reports by corporations shall be signed by the
  2  2 president or other officer or authorized representative.
  2  3 Reports by limited liability companies shall be signed by a
  2  4 manager or other authorized representative.  Reports by
  2  5 limited partnerships shall be signed by the president or other
  2  6 authorized representative of the partnership.  Reports by
  2  7 individuals shall be signed by the individual or an authorized
  2  8 representative.
  2  9    4.  The failure to timely file, or the filing of false
  2 10 information on, an annual report is punishable by a civil
  2 11 penalty not to exceed one thousand dollars for each day that a
  2 12 timely or truthful report is not filed.  The failure to timely
  2 13 file, or the filing of false information on, a weekly report
  2 14 is punishable by a civil penalty not to exceed one hundred
  2 15 dollars for each day that a timely or truthful report is not
  2 16 filed.  The secretary of state shall refer to the attorney
  2 17 general any broker or dealer who the secretary believes is in
  2 18 violation of this section.  The attorney general may, upon
  2 19 referral from the secretary of state, file an action in
  2 20 district court to enforce this section.
  2 21    5.  A report by a dealer or broker is confidential, except
  2 22 as to the attorney general for review and appropriate action
  2 23 when necessary.  The secretary of state shall, not later than
  2 24 June 1 of each year, publish a report summarizing the
  2 25 information contained in the reports received from dealers and
  2 26 brokers during the past annual reporting period.  The
  2 27 secretary's report shall not identify any party to a contract,
  2 28 or information which may be associated with one particular
  2 29 party to a contract.  
  2 30                           EXPLANATION
  2 31    This bill amends chapter 172A which in part regulates
  2 32 persons engaged in the business of slaughtering live animals
  2 33 or receiving, buying, or soliciting live animals for
  2 34 slaughter, the meat products of which are directly or
  2 35 indirectly to be offered for resale or for public consumption.
  3  1 The chapter refers to these persons as "dealers or brokers".
  3  2 The bill provides that a dealer or broker other than a cold
  3  3 storage plant or frozen food locker plant, must file with the
  3  4 secretary of state, an annual report, and supplemental weekly
  3  5 reports, setting forth information regarding marketing
  3  6 contracts for the purchase of livestock or poultry which sets
  3  7 a date for delivery more than 20 days after the making of the
  3  8 contract.  The report must identify the parties to the
  3  9 contract; and the species, the number of head, and the price
  3 10 paid per hundredweight for the purchase of the livestock or
  3 11 poultry.  It must also include the date the contract was
  3 12 executed and the delivery date for the livestock or poultry.
  3 13 The bill provides procedures for filing the reports, and
  3 14 provides that a failure to timely file, or filing of false
  3 15 information, is punishable by a civil penalty of up to $1,000
  3 16 per day if the violation involves an annual report and up to
  3 17 $100 per day if the violation involves a weekly report.  The
  3 18 bill provides reports are confidential.  The bill requires the
  3 19 secretary of state to publish a report summarizing the
  3 20 information contained in reports submitted by dealers and
  3 21 brokers for the previous annual reporting period.  
  3 22 LSB 3349XS 76
  3 23 da/sc/14
     

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