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HB1073P-MISSOURI GRAIN DEALER LAW
Summary of the Perfected Version of the Bill

HB 1073 -- MISSOURI GRAIN DEALER LAW (Sater)

COMMITTEE OF ORIGIN:  Committee on Agriculture Policy

The bill revises the definition of "grain dealer" or "dealer" as
it applies to the Missouri Grain Dealer Law to exempt a
manufacturer or processor of feed whose total grain purchases
from producers during his or her fiscal year do not exceed 50,000
bushels and who pays for all grain purchases from producers at
the time he or she takes possession of the grain and whose resale
of the grain is solely in the form of manufactured or processed
feed or feed by-products or whole feed grains to be used by the
purchaser as feed.  Currently, a manufacturer's total grain
purchases cannot exceed $100,000 in order for him or her not to
be considered a grain dealer under these provisions.

FISCAL NOTE:  No impact on state funds in FY 2013, FY 2014, and
FY 2015.

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Missouri House of Representatives
Last Updated March 19, 2012 at 6:26 pm