Effective - 28 Aug 2015
261.280. Dairy producer margin insurance premium assistance program, purpose — eligibility, application, reimbursement — risk management training. — 1. The department of agriculture shall establish and administer, through the Missouri agricultural and small business development authority, a dairy producer margin insurance premium assistance program for the purpose of assisting dairy producers who participate in the federal margin protection program for dairy producers as contained in the federal Agricultural Act of 2014.
2. All dairy producers in the state who participate in the federal margin protection program for dairy producers shall be eligible to apply and participate in the dairy producer margin insurance premium assistance program. Dairy producers who wish to be considered for the program shall apply with the Missouri agricultural and small business development authority by January first of each year, and shall provide proof of participation in the federal margin protection program for dairy producers as contained in the federal Agricultural Act of 2014 by submitting a receipt of their paid annual federal premium payment. Eligible program participants shall receive reimbursement of seventy percent of their federal premium payment up to a maximum premium reimbursement rate of thirty-four cents per hundredweight of milk.
3. The University of Missouri and the Missouri agricultural and small business development authority shall provide risk management training for Missouri dairy producers on an annual basis.
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(L. 2015 H.B. 259)
Structure Missouri Revised Statutes
Title XVII - Agriculture and Animals
Chapter 261 - Department of Agriculture
Section 261.010 - Department authorized — director, how appointed, qualifications.
Section 261.020 - Duties and powers of director.
Section 261.026 - Director — trust assets — duties.
Section 261.035 - Agriculture business development fund created — purpose — not to lapse.
Section 261.040 - Employees of director, appointment and transfer, bond.
Section 261.050 - Salaries and accounts.
Section 261.060 - Daily deposit of all moneys in state treasury.
Section 261.090 - Cooperation among departments.
Section 261.095 - Foreign market development — director's duties and powers.
Section 261.100 - Animal export inspection facilities, operation.
Section 261.140 - Fees, work group to convene to review, when — report.
Section 261.200 - Fund created, use of moneys.
Section 261.239 - Division to create website to foster marketing of Missouri agricultural products.
Section 261.240 - Rulemaking authority.
Section 261.256 - Growers' districts authorized, procedure.
Section 261.259 - Board of commissioners.
Section 261.270 - Citation of act.
Section 261.285 - Missouri dairy scholars program — scholarship amount — eligible student defined.
Section 261.290 - Annual study of dairy industry.
Section 261.295 - Rulemaking authority.
Section 261.450 - Food security task force, members, meetings — mission — report — termination date.