Current through the 2024 Regular Session
Section 22-4718 - REFERENDUM(1) During the period ending thirty (30) months after July 1, 1996, the commission shall conduct a referendum among sellers who, during a representative period as determined by the rules of the commission, have sold oilseed for the purpose of ascertaining whether the commission shall continue.(2) Notice shall be given to sellers eligible to vote in the referendum in accordance with rules established by the commission.(3) If a majority of the eligible sellers approve, the commission will be continued and the refund provisions will be terminated.(4) If a majority of eligible sellers do not approve to continue the commission, collection of the tax under this chapter shall be terminated.(5) If a majority of the eligible sellers approve of continuing the commission in the original referendum, at intervals of five (5) years, the commission shall conduct an advisory poll of qualified sellers as to the effectiveness and continuation of the commission.[22-4718, added 1996, ch. 216, sec. 1, p. 709; am. 2007, ch. 60, sec. 12, p. 147.]