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FAIR Meat Packing Act
12/31/2022, 5:04 AM
Summary of Bill HR 4854
The FAIR Meat Packing Act aims to increase transparency and accountability within meat packing plants by requiring companies to provide workers with adequate breaks, access to restroom facilities, and protection from dangerous working conditions. Additionally, the bill seeks to prevent companies from retaliating against workers who report violations of labor laws.
Furthermore, the FAIR Meat Packing Act includes provisions to improve the safety and well-being of workers by mandating regular inspections of meat packing plants and ensuring that workers are provided with proper training and equipment to perform their jobs safely. Overall, the FAIR Meat Packing Act is designed to promote fair labor practices within the meat packing industry and protect the rights of workers in this sector. It is currently under review by Congress and has garnered support from various labor rights organizations and advocacy groups.
Congressional Summary of HR 4854
Feed America by Incentivizing Rural Meat Packing Act or the FAIR Meat Packing Act
This bill allows an investment tax credit through 2026 for 25% of the basis of each livestock processing facility property placed in service during the taxable year. The amount of the credit may not exceed $250,000 in any taxable year and is not available to taxpayers whose gross receipts exceed $100 million in a taxable year.
The bill defines livestock processing facility as a facility that slaughters livestock (i.e., cattle, sheep, goats, bison, swine, and poultry) for processing into meat and meat products and participates in a meat and poultry inspection program, The facility must employ an average of fewer than 500 employees and include property used for the intake or storage of livestock, the disposal or management of livestock waste, or the packaging, handling, warehousing, or storage of meat products.
The bill also allows a refundable income tax credit for the startup and organizational expenditures of livestock processing facilities.

