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 shall remain in effect.
Structure 2021 Tennessee Code
Title 43 - Agriculture and Horticulture
Chapter 20 - Soybean Promotion
Part 2 - Soybean Promotion Act
§ 43-20-202. Legislative Findings
§ 43-20-204. Legality of Associations, Meetings or Actions — Restraint of Trade
§ 43-20-205. Assessment on Producers — Application for Referendum
§ 43-20-206. Date of Referendum — Notice
§ 43-20-209. Records of Purchasers
§ 43-20-211. Referendum on Assessment Remaining in Effect
§ 43-20-213. Personal Debt of Purchaser — Late Payment Penalty
§ 43-20-214. Waiver of Assessment
§ 43-20-215. Rules and Regulations
§ 43-20-216. Agreements for Collection of Assessments or Collateral