Plain English Breakdown
The bill does not specify how the management fee will be spent, only that it is at the discretion of the council.
Amending Beef Checkoff Program
The bill allows for a management fee to be charged by the state for services provided to the Wyoming beef council, with limits on how much can be collected.
What This Bill Does
- Allows the state to charge an extra management fee for additional services given directly to the Wyoming Beef Council.
Who It Names or Affects
- The Wyoming Beef Council
Terms To Know
- Management Fee
- An extra charge for additional services provided to the council beyond those already covered by existing rules.
- Checkoff Fees
- Fees collected from beef producers and used by the Wyoming Beef Council.
Limits and Unknowns
- The bill limits this fee to no more than three percent of the annual fees collected by the council that are not already obligated or encumbered.
- It is unclear what specific additional services this new fee covers beyond those already provided by the board under existing rules.