- 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.
[C73, 75, 77, 79, 81, §185.21] 94 Acts, ch 1146, §23; 2005 Acts, ch 82, §18