Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB212 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Curry Lann.
DIGEST
SB 212 Engrossed	2020 Regular Session	Cathey
Present law (R.S. 3:3403) creates the Louisiana Agricultural Commodities Commission within the
Department of Agriculture and Forestry consisting of nine members appointed by the commissioner
as follows:
(1)One warehouseman appointed from a list of three persons nominated by the Rice Millers
Association.
(2)One producer appointed from a list of three persons nominated by the Louisiana Soybean
Association.
(3)One producer appointed from a list of three persons nominated by the Louisiana Farm
Bureau Federation.
(4)One banker who is familiar with the financing of businesses which store or market the
commodities which are regulated under this Chapter, appointed from a list of three persons
nominated by the Louisiana Bankers Association.
(5)One commodity trader who executes future trades related to a hedging program for purchases
or sales of commodities regulated under this Chapter, appointed from a list of three persons
nominated by the commissioner.
(6)One owner or operator of an elevator which handles both rice and soybeans, appointed from
a list of three persons nominated by the Louisiana Rice Dryers Association.
(7)One owner or operator of an inland elevator or barge-loading river facility or a licensed
Louisiana grain dealer appointed from a list of three persons nominated by the Louisiana Ag
Industries Association.
(8)One producer appointed from a list of three persons nominated by the American Rice
Growers Association.
(9)One cotton merchant appointed from the state at large.
Proposed law changes the nominating authority for the producer appointed from a list of three
persons nominated by the Louisiana Soybean Association to a list of three persons nominated by the
Louisiana Cotton and Grain Association and otherwise retains present law.
Effective upon signature of the governor or lapse of time for gubernatorial action. (Amends R.S. 3:3403(A)(2))