ND HB1467

Legislative management shall conduct a study during the 2019-20 interim on agricultural issues including grain buyers, roving grain buyers, grain brokers, and grain handling facilities under title 60.

Study must review current law, industry practices, and background checks for grain market participants, and examine potential efficiencies and methods for maintaining financial security during grain buying and licensing processes.

Study must examine confidential financial and physical audit procedures, grain handling facility asset lists, producer protections during facility insolvency when products are refined, the indemnity fund under title 60, and bonding requirements.

Legislative management shall report findings, recommendations, and any required legislation to the sixty-seventh legislative assembly.

House passed 83-8 with 3 absent; Senate passed 45-0 with 2 absent.