69-257 ASSESSMENT -- RATE -- MINIMUM AND MAXIMUM ASSESSMENT. - Idaho Statutes

TITLE 69

WAREHOUSES

CHAPTER 2

BONDED WAREHOUSE LAW

69-257. Assessment -- Rate -- Minimum and maximum assessment. (1) Every producer shall pay an assessment to the department for deposit in the commodity indemnity fund according to the provisions of this chapter and rules promulgated by the department to implement the provisions of this chapter.

(2) Except as provided in this subsection, the rate of the assessment shall be established by rules promulgated by the department. The producer’s annual assessment shall not exceed two-tenths of one percent (.2%) of the total gross dollar amount, without deductions, due the producer, as determined at the time of first sale, of the commodities.