Introduced
by
To establish a new state farm produce insurance authority to provide insurance to farmers against losses from the failure of grain dealers. The insurance would be deducted from payments on sales to licensed grain dealers, with the premium set at .02% of the net proceeds from all sales of farm produce, including dry edible beans, soybeans, small grains, cereal grains and corn. The premiums would finance a farm produce insurance fund. A producer could request a refund of the premium, but would then not be covered by the insurance in the event of the failure of a grain dealer, and would not be able to obtain the insurance coverage for 36 months after the refund. The bill replaces an existing state grain dealer insurance program.
Referred to the Committee on Agriculture and Resource Management
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one recommended by the committee which reported it. The substitute incorporates technical changes resulting from committee testimony and deliberation. This version was subsequently superceded by another substitute with more technical changes.
The substitute passed by voice vote
Substitute offered
by
To replace the H-1 version of the bill with one containing technical changes that do not affect its substance as previously described. Among these are a provision allowing the Attorney General to sue on behalf of the proposed board.
The substitute passed by voice vote
Passed in the House 104 to 1 (details)
Referred to the Committee on Agriculture, Forestry, and Tourism
Reported without amendment
With the recommendation that the substitute (S-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one recommended by the committee which reported it. The substitute incorporates technical changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To establish a new state farm produce insurance authority to provide insurance to farmers against losses from the failure of grain dealers. The insurance would be deducted from payments on sales to licensed grain dealers, with the premium set at .02% of the net proceeds from all sales of farm produce, including dry edible beans, soybeans, small grains, cereal grains and corn. The premiums would finance a farm produce insurance fund. A producer could request a refund of the premium, but would then not be covered by the insurance in the event of the failure of a grain dealer, and would not be able to obtain the insurance coverage for 36 months after the refund. The bill replaces an existing state grain dealer insurance program.
Passed in the House 108 to 0 (details)
To concur with the Senate-passed version of the bill.
