4.6.603    ANNUAL HEMP ASSESSMENT - COLLECTION

(1) Section 80-11-516, MCA charges the Montana Department of Agriculture with collecting the commodity assessment. 

(2) The assessment shall be 1% of the net receipts of all hemp crops produced in Montana.

(3) The assessment per 80-11-515, MCA, will occur at the time of first sale by a seller and must be collected by the first purchaser of the commodity from the seller. It shall occur at the time of each settlement for the commodity purchased or by invoice form provided by the Montana Department of Agriculture.

(4) If the first purchaser is not a licensed Montana commodity dealer, producers must make a good faith effort to ensure that the assessment is collected and paid to the department.

History: 80-11-504, MCA; IMP, 80-11-515, MCA; NEW, 2020 MAR p. 2079, Eff. 11/7/20.