EmR1615 Milk contractor agricultural producer security fund assessments  

  • Wisconsin Department of Agriculture, Trade and Consumer Protection
    Final Regulatory Flexibility Analysis
    Rule Subject:   Milk Contractors
    Adm. Code Reference:   ATCP 100
    Rules Clearinghouse #:   Not yet assigned
    DATCP Docket #:     1 6 -R- 01
    Rule Summary
    This rule does the following:
    Amends one of three fund assessment exemption requirements for milk contractors, reducing the overall fund minimum balance requirement fro m $11 million to $5 million.
    Small Business Affected
    This rule will have a positive impact on milk contractor business by allowing those that meet fund assessment exemption requirements under ss. ATCP 100.135 (10) (a) and (b) of the Wisconsin Administrative Code, to not pay fund assessments if the producer security overall fund balance is at least $5 million on February 28 of the preceding license year. The milk contractor industry would otherwise be required to pay an additional $ 59 0,000 - $ 1, 19 0,000 annually until the overall fund balance reaches a minimum of $11 million.
    This rule will slow the gro wth of the overall fund balance ; therefore, it could have a negative effect on small milk, grain and vegetable producer businesses in the event of future large defaults.
    Reporting, Bookkeeping and other Procedures
    The proposed rule does not create any new reporting, bookkeeping or other procedures for small businesses.
    Professional Skills Required
    The proposed rule does not require any new professional skills by small businesses.
    Accommodation for Small Business
    Many of the businesses affected by this rule are “small businesses.” However, given the subject matter, there are very few accommodations or special exceptions that can be made for small businesses.
    Conclusion
    This rule will have significant impact on a ffected businesses, including “small businesses.” Negative effects , if any, would result only in the event of a large default by dairy, grain or vegetable contractors . This rule will not have a significant adverse effect on “small business,” and is not subject to the delayed “small business” effective date provided in s. 227.22 (2) (e) , Stats.

Document Information

Rule Text:
EmR1615_Rule_Text.pdf
Regulatory Flexibility Analysis:
emr1615_regulatory_flexibility_analysis.pdf
Fiscal Estimate:
EmR1615_Fiscal_Estimate.pdf