,,ii #aaith ,,congress #ast ,session ,s4 #ghb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bg1 #bjbe,mr4 ,lujn 7for himself and ,ms4 ,ernst7 introduced the following bill2 which was read twice and referred to the ,committee on ,agriculture1 ,nutrition1 and ,forestry ,a ,,bill ,to direct the ,secretary of ,agriculture to amend regulations to allow for certain packers to have an interest in market agencies1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,expanding ,local ,meat ,processing ,act of #bjbe4 #b4 ,allowed interest of certain packers in market agencies 7a7 ,in general ,not later than #a year after the date of enactment of this ,act1 the ,secretary of ,agriculture shall revise section #bja4fg of title #i1 ,code of ,federal ,regulations 7as in effect on the date of enactment of this ,act71 to exempt the packers described in subsection 7b7 from the prohibition described in that section4 7b7 ,packers described ,a packer referred to in subsection 7a7 is a packer that-- 7#a7 with respect to cattle or sheep1 has a cumulative slaughter capacity of less than-- 7,a7 #b1jjj animals per day2 or 7,b7 #gjj1jjj animals per year2 and 7#b7 with respect to hogs1 has a cumulative slaughter capacity of less than-- 7,a7 #aj1jjj animals per day2 or 7,b7 #c1jjj1jjj animals per year4 7c7 ,required disclosure ,in the case of a market agency that has an ownership interest in1 finances1 or participates in the management or operation of a packer to which the market agency sells consigned livestock1 the market agency shall disclose on the account of sale the name of the packer and the nature of the relationship between the market agency and the packer4 7d7 ,savings clause ,nothing in this section limits the authority of the ,secretary of ,agriculture to adopt or enforce rules or regulations under the ,packers and ,stockyards ,act1 #aiba 7#g ,u4,s4,c4 #aha et seq471 relating to the protection of producers1 competition1 market integrity1 or the prevention of conflicts of interest4