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Cal. Food & Agric. Code § 62561

Financing Plan

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2019
As of January 1, 2011
(a) The following security charges shall be in effect for any period for which the secretary has implemented collections under this chapter: (1) (A) One and seven-tenths mills per pound ($0.0017) for class 1 fat. (B) Nine-tenths mills per pound ($0.0009) for class 1 solids-not-fat. (C) One-tenth mill per pound ($0.0001) for class 1 fluid. (2) (A) Three and two-tenths mills per pound ($0.0032) for classes 2, 3, 4a, and 4b fat. (B) One and three-tenths mills per pound ($0.0013) for classes 2, 3, 4a, and 4b solids-not-fat.
(a) The following security charges shall be in effect for any period for which the secretary has implemented collections under this chapter: (1) 3.2 mills ($0.0032) per pound for fat contained in eligible milk of any class referred to in Section 1051.40 of the Federal Milk Marketing Order, whether pooled or nonpooled. (2) 1.3 mills ($0.0013) per pound for solids-not-fat contained in eligible milk of any class referred to in Section 1051.40 of the Federal Milk Marketing Order, whether pooled or nonpooled.
(b) The secretary shall add the security charges to the prices established for all classes of milk in accordance with Chapter 2 (commencing with Section 61801). The secretary is only authorized by this article to collect security charges on covered milk.
(b) The secretary is only authorized by this article to collect security charges on eligible milk.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.