§ 43-20-208. Deductions
The assessed rate, as approved by referendum, shall be deducted by the purchaser from the amount paid the producer at the first point of sale. Within twenty (20) days after the end of each calendar month, each purchaser shall remit to the board the total amount of funds withheld from producers.
§ 43-20-209. Records of Purchasers
Each purchaser shall keep a complete and accurate record of all soybeans handled by that purchaser and shall furnish each producer with a signed sales slip showing the number of bushels purchased from that producer and the amount deducted by the purchaser for the Tennessee soybean promotion fund. Such records shall be kept for two […]
§ 43-20-210. Applications for Refunds — Refund Forms
Within ninety (90) days of an assessment being withheld by the purchaser, any producer may make application, on forms to be prescribed by the board, to the board for a refund of assessments withheld. The application shall be accompanied by copies of sales slips signed by the purchaser evidencing the withheld assessments for which refund […]
§ 43-20-211. Referendum on Assessment Remaining in Effect
If the commissioner determines that during the first two (2) years the assessment is in effect that over fifty percent (50%) of the proceeds generated by the assessment is being refunded, then the commissioner shall conduct a referendum, within one hundred twenty (120) days of the end of the two-year period, on whether the assessment […]
§ 43-20-212. Use of Funds — Prohibited Use of Funds — Minutes — Reports
The board shall expend the proceeds of the assessment solely to finance a program of research, education, market development, marketing, advertising and other methods designed to promote the increased consumption, production, use and sale of soybean and soybean products. The board may accept gifts and grants, and shall invest its idle funds. The board shall […]
§ 43-20-213. Personal Debt of Purchaser — Late Payment Penalty
Any amount withheld, or that should have been withheld, by the purchaser due to the assessment shall be a personal debt of the purchaser. If the purchaser’s monthly payments to the board are not timely made, a penalty of ten percent (10%) of the amount due shall be imposed. The board is authorized to collect […]
§ 43-20-214. Waiver of Assessment
Upon the effective date of an assessment levied pursuant to this part, the commissioner may waive the assessment imposed in § 43-20-103(a). It is the express intent of the general assembly that only one (1) assessment for the promotion of soybeans be in effect at any time.
§ 43-20-215. Rules and Regulations
The commissioner is authorized to promulgate rules and regulations in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, to provide for the implementation of this part.
§ 43-20-216. Agreements for Collection of Assessments or Collateral
The board may enter into an agreement with the federal commodity credit corporation to collect the specified assessment on all soybeans pledged as collateral for a commodity credit corporation price support loan or purchased by the commodity credit corporation under its loan or its purchase programs.
§ 43-20-206. Date of Referendum — Notice
Within thirty (30) days of receipt of an application requesting a referendum, the commissioner shall set a date for the referendum, which shall not be more than sixty (60) days after receipt of the application, and shall publish by newspaper, the date of the referendum, the polling places and the hours they will be open, […]