If the commissioner determines that, during any continuous twelve-month period the assessment program is in effect, over thirty percent (30%) of the proceeds generated by the assessment is being refunded, then the commissioner shall conduct a referendum within one hundred twenty (120) days to determine whether the assessment program should remain in effect.
Tenn. Code Ann. § 43-29-112
Referendum on continuation of assessment program
Known as the Agriculture Commodities Promotion Act
The act spans §§ 43-29-101 to 43-29-122 (22 sections).
Acts 1985, ch. 188, § 12.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.