§ 3.1-684.14. (Repealed effective October 1, 2008) Handler to deduct assessment from payment to farmer; report an...
For the purpose of carrying out the provisions of this chapter, the processor, dealer, shipper, exporter, or any other business entity hereinafter referred to as "the handler," of soybeans who purchases from the farmer shall deduct from payments made to the farmer for soybeans an assessment of two cents per bushel and shall remit such assessment to the Tax Commissioner in the manner and at the time hereinafter provided. The handler shall also deduct from payments made to the farmer for soybeans any national assessment that shall be approved under federal law to supersede the state law and shall remit such assessment to the Tax Commissioner in the manner and at the time hereinafter provided. The Tax Commissioner shall provide to the Board copies of excise tax returns and other information as may be necessary for the Board to comply with Virginia and federal soybean assessment programs. "Handler," as used in this section, includes any person, public or private corporation, the Federal Commodity Credit Corporation, or any association or partnership buying, accepting for shipment, or otherwise acquiring property in soybeans from a producer, and shall include a mortgagee, pledgee, lienor, or other person, public or private, having a claim against the producer, when the actual or constructive possession of such soybeans is taken as part payment or in satisfaction of such mortgage, pledge, lien, or claim. A farmer that transports and sells his soybeans out of state is considered the handler. A report to the Tax Commissioner shall be on forms prescribed and furnished by the Tax Commissioner, and shall be a statement of the gross volume of soybeans which has been handled by the handler and shall be filed with the Tax Commissioner by the date or dates as set forth by the Tax Commissioner covering soybeans handled during the preceding period, as set forth by the Tax Commissioner. The Tax Commissioner shall set forth the filing date or dates for reports and assessments and the period or periods to be covered after consultation with the Association and Board. The assessment levied on soybeans shall be due and payable by the handler on the same day as the report is due. Such assessment shall be paid to the Tax Commissioner and be promptly paid into the state treasury to the credit of the Virginia Soybean Fund.
(1970, c. 431; 1982, c. 603; 1987, c. 476; 1990, c. 183; 1992, c. 124.)
Sections: Previous 3.1-684.5 3.1-684.6 3.1-684.7 3.1-684.8 3.1-684.9 3.1-684.10 3.1-684.11 3.1-684.12 3.1-684.13 3.1-684.14 3.1-684.15 3.1-684.16 3.1-684.17 3.1-684.18 3.1-684.19 NextLast modified: April 2, 2009