House
Engrossed
2025 Regular Session
HB304
Log in to followAN ACT relating to soybean assessments.
Amend KRS 247.552 to increase the assessment on soybeans from one-fourth to one-half of one percent of the net market price per bushel.
Introduced: February 4, 2025
Last action: March 28, 2025
To Rules (S)
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Plain-language summary
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This bill would double the assessment rate charged on soybeans sold in Kentucky, raising it from one-quarter of one percent to one-half of one percent of the sale price per bushel. These assessments are typically used to fund soybean promotion, research, and related agricultural programs. Who it may affect: soybean farmers and grain producers in Kentucky.
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Legislative History
Feb 4, 2025 · House
Introduced In House
Feb 4, 2025 · House
To Committee On Committees (H)
Feb 7, 2025 · House
To Agriculture (H)
Feb 19, 2025 · House
Reported Favorably, 1st Reading, To Calendar
Feb 20, 2025 · House
2nd Reading, To Rules (clerical)
Feb 20, 2025 · House
Posted For Passage In The Regular Orders Of The Day For Friday, February 21, 2025 (clerical)
Feb 25, 2025 · Senate
Received In Senate
Mar 28, 2025 · Senate
3rd Reading, Passed 38-0 With Floor Amendment (2) And Floor Amendment (1-Title)
Primary Sponsor
ryan.bivens@kylegislature.gov
Co-sponsors (3)
David.Hale@kylegislature.gov
john.hodgson@kylegislature.gov
jt.payne@kylegislature.gov
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