2-3712. Assessments; when required.
2-3712
2-3712. Assessments; when required.
(a) Whenever on April 1 of any year the unobligated
principal
balance of the
fund equals or exceeds $5,000,000, the assessments imposed by K.S.A.
2-3713, and
amendments thereto,
shall not be levied on or after the next July 1. Whenever on April 1 of any
year thereafter the
unobligated principal balance of the fund equals $1,500,000 or less, the
assessments imposed by
K.S.A. 2-3713, and amendments thereto, shall again be levied on and
after the next
July 1.
(b) The director of accounts and reports, not later than April 5 of each
year, shall notify the
board of the amount of the unobligated balance of the fund on April 1 of such
year. Upon receipt of
the notice, the board shall notify the secretary of agriculture who shall
notify fee payers under K.S.A. 2-3713, and amendments thereto, if
the levy of assessments under that section will
terminate or
recommence on the following July 1.
History: L. 2000, ch. 82, § 12; July 1.