Iowa 2023-2024 Regular Session

Iowa House Bill HF2513

Introduced
2/14/24  
Engrossed
2/26/24  
Introduced
2/14/24  
Refer
2/27/24  
Engrossed
2/26/24  

Caption

A bill for an act authorizing the Iowa sheep and wool promotion board to issue orders for the suspension and recommencement of the assessment imposed on wool, and including effective date provisions.(Formerly HSB 687.)

Impact

The bill significantly impacts Iowa's agricultural regulations by providing the wool promotion board with the authority to manage the assessment dynamically based on market conditions. This legislation allows the board to halt the assessment when wool prices drop, alleviating the financial burden on producers during difficult market periods. As a result, producers can better navigate economically challenging times without the added pressure of taxation through the assessment that feeds into promotional activities.

Summary

House File 2513 authorizes the Iowa sheep and wool promotion board to issue orders to suspend and recommence the wool assessment imposed on producers. This assessment acts as a self-imposed tax, calculated at two cents per pound of wool sold, intended to support marketing, education, and research programs related to sheep and wool. The bill is rooted in the need for producers to have flexibility in assessment during fluctuating market conditions, specifically when the average market price of wool is equal to or lower than the assessment rate.

Contention

While the bill passed unanimously in a recent vote (95-0), it may face scrutiny from various stakeholders within the agricultural community. Concerns could arise around the board's authority to assess the market value and determine when to suspend the assessment. Moreover, some producers may worry whether the suspension of the assessment could impact the funding available for marketing and promotion activities in the long term, raising questions about balancing immediate financial relief with the sustainability of promotional initiatives for wool in Iowa.

Companion Bills

IA HSB687

Related A bill for an act authorizing the Iowa sheep and wool promotion board to issue orders for the suspension and recommencement of the assessment imposed on wool, and including effective date provisions.(See HF 2513.)

Previously Filed As

IA HSB687

A bill for an act authorizing the Iowa sheep and wool promotion board to issue orders for the suspension and recommencement of the assessment imposed on wool, and including effective date provisions.(See HF 2513.)

IA HF800

A bill for an act relating to the powers and duties of the Iowa sheep and wool promotion board, by changing its name to the Iowa sheep promotion board, eliminating the assessment on wool, changing the assessment rate on sheep, and providing for the collection and expenditure of moneys imposed by the assessment.(Formerly HSB 132.)

IA SSB1133

A bill for an act relating to the powers and duties of the Iowa sheep and wool promotion board, by changing its name to the Iowa sheep promotion board, eliminating the assessment on wool, changing the assessment rate on sheep, and providing for the collection and expenditure of moneys imposed by the assessment.

IA HSB132

A bill for an act relating to the powers and duties of the Iowa sheep and wool promotion board, by changing its name to the Iowa sheep promotion board, eliminating the assessment on wool, changing the assessment rate on sheep, and providing for the collection and expenditure of moneys imposed by the assessment.(See HF 800.)

IA HF2355

A bill for an act allowing a corn producer to choose not to participate in the promotional order otherwise requiring the first purchaser to deduct a state assessment imposed on the per bushel sales price that is forwarded to the Iowa corn promotion board, and making penalties applicable.

IA HF2510

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, and including effective date provisions.(Formerly HSB 560; See HF 2641.)

IA SF2410

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, and including effective date provisions.(Formerly SF 2209, SSB 3052.)

IA HF2641

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, providing penalties, and including effective date provisions. (Formerly HF 2510, HSB 560.) Effective date: Enactment, 05/17/2024, 07/01/2024, 12/31/2024.

IA SF2209

A bill for an act relating to agriculture, by providing for the administration of programs and regulations, making appropriations, and including effective date provisions.(Formerly SSB 3052; See SF 2410.)

IA HF999

A bill for an act providing for the marketing of grain by licensed warehouse operators and grain dealers, including by providing for indemnity fees and the indemnification of grain depositors and sellers for losses following the cessation of a license or bankruptcy, and including effective date provisions.(Formerly HF 508, HSB 131.)

Similar Bills

No similar bills found.