185.21 - ASSESSMENT.
185.21 ASSESSMENT.
1. A state assessment which is adopted upon the initiation of a
promotional order shall be collected during the effective period of
the promotional order, and shall be of no force or effect upon
termination of the promotional order.
2. The state assessment shall be paid into the soybean promotion
fund established in section 185.26.
3. The rate of the state assessment shall be as follows:
a. If the national assessment is being collected, the rate of
the state assessment shall be one-quarter of one percent of the net
market price of the soybeans marketed in this state.
b. If the national assessment is not being collected, the
rate of the state assessment shall be one-half of one percent of the
net market price of soybeans marketed in this state. Section History: Early Form
[C73, 75, 77, 79, 81, § 185.21] Section History: Recent Form
94 Acts, ch 1146, §23; 2005 Acts, ch 82, §18