185C.21 - STATE ASSESSMENT.
185C.21 STATE ASSESSMENT.
1. The board shall determine and set the state assessment rate.
State assessments collected pursuant to the promotional order shall
be paid into the corn promotion fund established in section 185C.26.
Except as provided in subsection 2, a state assessment shall not
exceed one-quarter of one cent per bushel upon corn marketed in this
state. The board shall establish the effective date of a rate
change.
2. Upon request of the board, the secretary shall call a special
referendum for producers to vote on whether to authorize an increase
in the state assessment above one- quarter of one cent per bushel,
notwithstanding subsection 1. The special referendum shall be
conducted as provided in this chapter for referendum elections.
However, the special referendum shall not affect the existence or
length of the promotional order in effect. If a majority of the
producers voting in the special referendum approve the increase, the
board may increase the assessment to the amount approved in the
special referendum. However, a state assessment shall not exceed one
cent per bushel of corn marketed in this state. Section History: Early Form
[C77, 79, 81, § 185C.21] Section History: Recent Form
89 Acts, ch 198, §9; 94 Acts, ch 1146, §35; 98 Acts, ch 1030, §1