Wisconsin Department of Agriculture, Trade and Consumer Protection
Initial
Regulatory Flexibility Analysis
Rule Subject:
Grain Dealers and Grain Warehouse Keepers
Adm. Code Reference:
ATCP
99
Rules Clearinghouse #:
N
/A
DATCP Docket #:
1
6
-R-
03
Rule Summary
This rule
a
mends one of
three
fund assessment exemption requirements for
grain dealers and grain warehouse keepers
, 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
grain dealer and grain warehouse businesses
by allowing those that meet fund assessment exemption requirements under
Wis. Admin. Code §
§
ATCP
99.126 (5
) (a)
and
(b)
and
ATCP 99.235 (4) (a)
and
(b)
to not pay fund assessments if the producer security overall fund balance is at least $5 million on
May
3
1
of the preceding license year. The
grain
industry would otherwise be r
equired to pay an additional $2
0
0,000-
$
25
0,000 annually, until the overall fund balance reaches a minimum of $11 million.
This rule
could
have a ne
gative effect on small milk, grain
,
and vegetable producer businesses
that
could potentially be impacted by the lower agricultural producer security overall fund balance, in the event of future large defaults.
Record
keeping requirements
This rule does not present changes to record
keeping requirements.
Accommodation for Small Business
Many of the busine
sses 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 e
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,
an
d is not subject to the delayed small business
effective date provided in
Wis.
Stat
.
§
227.22
(2)
(e)
.
