The proposed legislation, known as the Retailer-Processor Fairness Act, establishes a new Code chapter 202D focused on the processing and marketing of meat and poultry products. It introduces definitions for key terms such as "dominant retailer," which is defined as a retailer with annual sales exceeding $18 billion or operating in more than 20 states. The Act prohibits dominant retailers from engaging in vertical integration, which includes owning or controlling processors or entering into exclusive contracts with producers that limit sales to the dominant retailer. The enforcement of these provisions will be overseen by the attorney general in consultation with the Department of Agriculture and Land Stewardship.

Additionally, the Act mandates the creation of a health and safety program for processors that comply with fair labor practices, offering financial incentives for adherence to health and safety standards. The attorney general is tasked with investigating compliance, publishing lists of retailers found in violation, and requiring those retailers to submit compliance plans. Violations of the Act can result in civil penalties of $25,000 per day, and the attorney general may seek injunctive relief to prevent ongoing violations. The bill aims to ensure fair practices in the meat and poultry industry while promoting worker safety and health.