The proposed legislation, titled the "Poultry Integrators Deceptive Trade Practices and Taxpayer Protection Act," aims to enhance transparency and accountability among poultry integrators in Arkansas. It introduces a new subchapter to the Arkansas Code, defining "poultry integrator" and outlining specific obligations that these companies must adhere to during contract negotiations with growers. Key provisions include the requirement for poultry integrators to disclose material facts about their business health, provide adequate assurances for costly capital improvements, ensure the welfare of poultry in their care, and refrain from engaging in deceptive trade practices.
Additionally, the bill establishes penalties for poultry integrators that violate these obligations, classifying such violations as a Class B felony. It empowers prosecutors and the Attorney General to initiate enforcement actions against violators, and it allows injured growers to file civil actions for damages, including the recovery of fees and costs. This legislation seeks to protect both growers and taxpayers by promoting fair practices within the poultry industry.