Ohio Code § 926.17
Ohio Code § 926.17. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 926.17.
(A) The director of agriculture shall annually review the debits of and credits to the
agricultural commodity depositors fund created in section 926.16 of the Revised Code and shall make any adjustments in the fee required under that section that are necessary
to maintain the fund within the limits established under this section. Not later than the first day of March of each year, the director shall determine
the proposed amount of the fee based on the expected volume of agricultural commodities
on which the fee is to be collected and that are likely to be handled under this chapter. The director shall make any changes in the previous year's fee in accordance with
Chapter 119. of the Revised Code. The fee shall become effective on the following first day of June. It shall in no case exceed one-half of one cent per bushel on all agricultural commodities
on which the fee is to be paid. (B)(1) If, at the end of any fiscal year, the fund balance exceeds fifteen million dollars,
less any encumbered balances or pending or unsettled claims, the fee required under division (B) of section 926.16 of the Revised Code shall be waived until the director, with the consent of the commodity advisory commission
created in section 926.32 of the Revised Code , reinstates the fee to maintain the liquidity of the fund as provided in division
(B)(2) of this section. (2) If, at any time, the director determines that the fund balance, less any encumbered
balances or pending or unsettled claims, is less than ten million dollars, the director,
with the consent of the commodity advisory commission, may reinstate the fee required
under division (B) of section 926.16 of the Revised Code . If the director reinstates the fee, the director shall notify all licensed handlers
by certified mail, return receipt requested, to begin collecting the fee not later
than ninety days after being notified.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 926.17
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Common questions
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