Bill > SB407

This bill repeals the Arkansas Catfish Processor Fair Practices Act of 1987, which was a comprehensive state law regulating the catfish processing industry in Arkansas. The bill completely eliminates an entire chapter of state law that previously established detailed regulations for catfish processors, including requirements for registration, payment methods, weighing procedures, and a receivership process for processors facing financial difficulties. The law originally aimed to protect catfish farmers by ensuring fair business practices, setting standards for payment timelines, mandating specific weighing and documentation procedures, and providing a mechanism for state intervention if a processor faced financial challenges. By repealing the entire act, the bill removes all these existing regulations and oversight mechanisms for catfish processors in Arkansas. Additionally, the bill makes consequential amendments to related statutes, such as removing references to catfish processor civil penalties from the state's revenue code and adjusting the Livestock and Poultry Special Revenue Fund provisions to reflect the elimination of the catfish processor regulations.