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House Journal: Page 1114: Thursday, March 28, 1996

16   violation of this section by a broker or dealer, or an
17   agent, has a civil cause of action against the broker
18   or dealer, or an agent, and, if successful, shall be
19   awarded treble damages.
20     Sec. ___.  NEW SECTION.  172A.14A  REPORTING.
21     1.  As used in this section:
22     a.  "Packer" means a person, other than a packer's
23   agent, who is engaged in this state or out-of-state in
24   the business of slaughtering live animals or
25   receiving, buying, or soliciting live animals for
26   slaughtering, the meat products of which are directly
27   or indirectly to be offered for resale or for public
28   consumption.
29     b.  "Packer's agent" means a person engaged in
30   buying or soliciting livestock for slaughter on behalf
31   of a packer.
32     2.  A packer, other than a cold storage plant
33   regulated under chapter 171 or a frozen food locker
34   plant regulated under chapter 172, shall make
35   available for publication and to a board of trade
36   approved by the secretary of state, a daily report
37   setting forth information regarding prices paid for
38   livestock, under each contract in force, in which the
39   packer or the packer's agent, and an Iowa resident are
40   parties for the purchase of the livestock by the
41   packer or the packer's agent, and which sets a date
42   for delivery more than twenty days after the making of
43   the contract.
44     3.  The reports shall be completed on forms
45   prepared by the secretary of state for comparison with
46   cash market prices for livestock according to
47   procedures required by the secretary of state.
48   However, a report shall not include information
49   regarding the identity of a seller.
50     4.  The failure to report as required by this

Page   3

 1   section is punishable by a civil penalty not to exceed
 2   one thousand dollars for each day that a timely or
 3   truthful report is not published.  The secretary of
 4   state shall refer to the attorney general any packer
 5   or packer's agent who the secretary of state believes
 6   is in violation of this section.  The attorney general
 7   may, upon referral from the secretary of state, file
 8   an action in district court to enforce this section."
 9     2.  Page 15, by striking lines 26 through 28.
10     3.  By renumbering as necessary.
Millage of Scott rose on a point of order that amendment H-5629
was not germane, to the committee amendment H-5482.
The Speaker ruled the point well taken and amendment H-5629 not
germane, to the committee amendment H-5482.

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