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IN HB1224
Bill
Status
1/27/2016
Primary Sponsor
Donald Lehe
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AI Summary
HB 1224 Summary
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Establishes a $1 per head of cattle state assessment on all cattle sold in Indiana, collected by purchasers and remitted to the Indiana Beef Council.
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Designates the Indiana Beef Council as administrator of the assessment funds, which may be used for market development, promotion, education, research, product development, and administrative expenses.
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Allows cattle producers to request refunds of the assessment within 90 days by submitting proof of payment, with refunds over $25 paid within 30 days and refunds of $25 or less paid by March 31 or September 30.
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Requires the council to cease collecting assessments on July 1 of the subsequent year if 25% or more of the assessment is refunded in any marketing year, and to request legislation to repeal the chapter.
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Effective July 1, 2016.
Legislative Description
Beef market development. Requires that a state assessment of $1 per head of cattle must be collected on the sale of cattle in Indiana. Provides that the Indiana Beef Council (council) is responsible for the collection and use of the assessment collected. Establishes duties and responsibilities for the council. Establishes procedures to allow a cattle producer to be refunded the assessment. Provides that the council cease collecting assessments if certain conditions are met. Makes conforming changes.
Last Action
Committee report: amend do pass adopted; reassigned to Committee on Tax & Fiscal Policy
2/16/2016