A bill for an act regulating the marketing of grain, by providing for fees paid by grain dealers and warehouse operators into the grain depositors and sellers indemnity fund, and the payment of claims to reimburse sellers and depositors for losses covered by the fund, and including effective date provisions.

SSB 1131 creates a grain depositors and sellers indemnity fund funded by fees paid by licensed grain dealers and warehouse operators. Grain sellers and depositors who lose money due to a dealer or operator's bankruptcy or license termination can file claims within 120 days to receive reimbursement from the fund. Dealers and operators pay two types of fees: an annual participation fee and a per-bushel fee on purchased grain, which are collected by the state department. The bill establishes clear procedures for claim filing, fund administration, and defines key terms like "purchased grain" and "repayment loss" to ensure the fund covers eligible losses.