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IN SB0055
Bill
AI Summary
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Indiana Soybean Alliance designated as the Qualified State Soybean Board and authorized to administer a state soybean marketing program with a 0.5% assessment on net market price, effective July 1, 2026
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Indiana Pork Producers Association (IPPA) established to administer a state pork marketing program with an assessment of $0.35 per $100 of market value on porcine animals and pork products
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Both programs apply only as backup mechanisms if federal checkoff programs under USDA cease to operate; organic farmers with National Organic Program exemptions are excluded from both assessments
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Assessment funds must be used for market development, promotion, and research; at least 50% of soybean funds and 80% of pork funds must go to collaborative regional/national/international projects
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Producers may request refunds within 180 days of assessment; first purchasers who remit assessments within 30 days of each quarterly period may retain a 3% handling fee (soybeans only)
Legislative Description
Agricultural programs.
Last Action
Public Law 8
2/24/2026