Local Beef Marketing Incentive Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Local Beef Marketing Incentive Act of 2026 aims to provide financial assistance to beef producers who sell their cattle directly to consumers or local businesses. The bill establishes a subsidy program where eligible producers receive payments based on a decrease in direct-to-market beef sales compared to a five-year average. Producers must use a local processor for slaughter and meet specific sales criteria to qualify for these payments, which are capped at $100,000 per year.
Key provisions
- Establishes a subsidy program for direct-to-market beef sales.
- Determines subsidy years based on a 25% decrease in direct-to-market sales compared to a five-year average.
- Eligible producers must use a local processor and sell at least 50% of their beef directly.
- Payments are calculated as 20% of the difference between the average beef cattle price and the subsidy year price, multiplied by the average live weight.
- Individual payments per head of cattle are capped at $500.
- Total payments per producer per year are capped at $100,000.
- The Secretary will issue rules to verify eligibility and prevent fraud.
- Funding is authorized through fiscal years 2027-2031.
Who is affected
- Beef producers
- Local processors
- Consumers
- Restaurants
- Retail stores
Notable changes
Bill text
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Sponsors
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1 on record
Primary sponsor
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