(1) The provisions of this subchapter shall remain in effect so long as the national beef promotion and research program established by the federal Beef Promotion and Research Act of 1985 and the administrative orders and rules issued under that act continue in effect.
(2) If the program is terminated as a result of the referendum provided for in that act or for any other reason, the provisions of this subchapter shall expire. Thereafter, the provisions of § 2-35-301 et seq. concerning the levy and collection of an assessment on cattle sold in this state to support the Arkansas Beef Promotion and Research Program shall be enforced.
(3) The provisions of this subchapter shall not repeal or modify the provisions of § 2-35-301 et seq., but the provisions of § 2-35-301 et seq., so far as they relate to the levy and collection of an assessment of twenty-five cents (25¢) per head on cattle sold in this state, shall be suspended until such time as the national beef promotion and research program is terminated.