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Committee approves bill updating state soybean checkoff language to match federal rate
Summary
The Senate Agriculture Committee reported House Bill 304 favorably, proposing language to set a state soybean checkoff rate at a half-cent per dollar (0.5%) to match federal checkoff levels in the event a federal program ends, sponsors said.
House Bill 304, sponsored in the House by Representative Ryan Bivens, was reported favorably by the Kentucky Senate Committee on Agriculture after testimony from Bivens and Jonathan Reynolds, president of the Kentucky Soybean Association.
Bivens said the change is “park language” to align state checkoff law with the current federal checkoff rate so that, if the federal program is ever discontinued, the state…
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