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HB20-1213

Sunset Commodity Handler And Farm Products Acts

Concerning the continuation of the department of agriculture's regulatory functions related to persons who work with agricultural products, and, in connection therewith, implementing recommendations contained in the 2019 sunset report by the department of regulatory agencies concerning the "Commodity Handler Act" and the "Farm Products Act".
Session:
2020 Regular Session
Subject:
Agriculture
Bill Summary

Sunset Process - House Rural Affairs and Agriculture Committee. The bill implements recommendations of the department of regulatory agencies' sunset review and report on the licensing functions of the commissioner of agriculture (commissioner) regarding the "Commodity Handler Act" and the "Farm Products Act" by:

  • Continuing the commissioner's licensing functions for 11 years, until 2031;
  • Combining the "Commodity Handler Act" and the "Farm Products Act" in one article;
  • Requiring rule-making regarding bond schedules, record keeping, minimal financial requirements, initial and renewal license requirements, credit sale contract requirements, and standard warehouse operation requirements;
  • Requiring that financial statements submitted to the commissioner be prepared by a certified public accountant;
  • Increasing the maximum bond amount that farm products dealers must file from $200,000 to $1 million; and
  • For the definition of "small-volume dealer", repealing the limitation that a small-volume dealer cannot purchase $2,500 or more worth of farm products or commodities in a single transaction.
    (Note: This summary applies to this bill as introduced.)

Status

Introduced
Under Consideration

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. R. Pelton, Rep. M. Young
Sen. R. Rodriguez, Sen. J. Sonnenberg

Sponsor

Rep. M. Catlin, Rep. R. Holtorf, Rep. D. Valdez, Rep. P. Will

Co-sponsor

COVID-19 Resources

Temporary Guidelines for Review and Comment Meetings

The House and Senate are temporarily adjourned. The building is closed to the public.