§ 38-33-7 Assessment--Collection--Deposit.

SD Codified L § 38-33-7 (2019) (N/A)
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38-33-7. Assessment--Collection--Deposit. An assessment not to exceed 0.45 percent of the market value of each swine when sold is imposed by the commission upon all swine sold in the state by a South Dakota resident. However the commission may enter into reciprocal agreements with other states that also have a swine checkoff fee to remit the assessment to the state where the swine were grown.

Any purchaser of swine shall collect the assessment imposed by §§ 38-33-1 to 38-33-12, inclusive, by deducting the assessment from the purchase prices of all swine subject to the assessment.

Moneys collected from checkoff fees shall be deposited in a special revolving fund created in the state treasury and are continuously appropriated to the commission.

Source: SL 2001, ch 219, §§ 9, 10, 11.