Report Pursuant to Section 12103 of the Agriculture Improvement Act of 2018: Study to Determine the Feasibility of Establishing a Livestock Dealer Statutory Trust

Table of Contents: I. Commonly Used Terms and Abbreviations. II. Index of Tables and Figures. III. Executive Summary. IV. Introduction and Background Information. V. Elements of Feasibility Study. VI. Circumstances Unique to Livestock Dealers. VII. Effectiveness of Statutory Trusts in Other Segments of Agriculture; Independent Trustee. VIII. Seller Recovery in The Event of a Livestock Dealer Payment Default. IX. Preferential Transfers in Bankruptcy. X. Exempting Low Volume Dealers from the Trust. XI. Buyer and Seller Behavior in Markets for Livestock. XII. Credit Availability. XIII. Electronic Funds Transfer for Livestock Purchases. XIV. Glossary of Terms. XV. Appendices (including detailed comment summaries) -- a. Circumstances Unique to Livestock Dealers -- b. Effectiveness of Statutory Trusts in Other Segments of Agriculture -- c. Seller Recovery in The Event of a Livestock Dealer Payment Default -- d. Preferential Transfers in Bankruptcy -- e. Exempting Low Volume Dealers from the Trust -- f. Buyer and Seller Behavior in Markets for Livestock -- g. Credit Availability -- h. Electronic Funds Transfer for Livestock Purchases -- i. Section 12103, 20 18 Farm Bill -- j. House Bill 4058; SALE Act of 2017 -- k. Senate Bill 3140; SALE Act of 2018 -- I. 2000 Statutory Trust Legislation -- m. 1996 Statutory Trust Legislation.