AN ACT relating to soybean assessments.

HB 304 increases the soybean assessment rate from 0.25% to 0.5% of the net market price per bushel for soybeans sold within Kentucky. This change directly affects Kentucky soybean farmers, as the higher assessment is deducted from their payment at the first point of sale. The bill amends KRS 247.552 to set this new rate limit for assessments levied under Kentucky's soybean marketing program. The policy change is a straightforward adjustment to the existing assessment structure, with no additional provisions or exemptions described.