Thursday, July 30, 2009

Food safety: House passes bill that would affect most facets of supply chain

The Chicago Tribune reports:
QWhat does the bill do?


AIt raises money, boosts inspections and empowers the federal Food and Drug Administration.

The legislation assesses new $500-a-year fees on food processors and other facilities that must register every year; the fee would increase annually with inflation. These levies will raise about $1.5 billion over five years and combine with an estimated $2 billion provided by Congress.