Diseased Livestock Indemnity Fund

Previously, money in the diseased livestock indemnity fund could be used only to pay indemnity to a livestock owner whose herd had been sold for slaughter or destroyed because the herd was exposed to or diagnosed with an infectious or contagious disease. The act expands the permissible uses of the money in the diseased livestock indemnity fund by allowing the commissioner of agriculture to authorize using the money to prepare for and respond to certain emerging threats to livestock health. The act renames the fund the 'livestock health preparedness, response, and diseased livestock indemnity fund' to reflect the expanded scope of the permissible uses of money in the fund.(Note: This summary applies to this bill as enacted.)