S.D. Admin. R. 12:09:02:01

Current through Register Vol. 51, page 67, December 16, 2024

Section 12:09:02:01 - Quarterly reports and remittance

Every first purchaser must submit a quarterly report within 30 days after the end of each calendar quarter if soybeans were purchased during the quarter. Each first purchaser must make a report at least once a year. The reports shall be submitted to the remittance center at the department of revenue, which serves as the agent for the council. The reports must be on forms provided by the council and must contain the following information:

(1) The name and address of the first purchaser;

(2) The number of bushels of soybeans purchased on which the checkoff fee was collected;

(3) The total dollar amount of the checkoff fee collected;

(4) The calendar quarter for which the report is submitted;

(5) The date of the report; and

(6) The signature of the first purchaser or an authorized representative.

All checkoff fees collected during the calendar quarter for which the report is submitted shall be remitted with the report.

S.D. Admin. R. 12:09:02:01

12 SDR 124, effective 2/2/1986; 12 SDR 128, 12 SDR 154, effective 7/1/1986; 16 SDR 227, effective 7/1/1990.

General Authority: SDCL 38-29-7.1, 38-29-11.

Law Implemented: SDCL 38-29-11.

Note: The mailing address of the remittance center is South Dakota Department of Revenue, Western Bank Building, P.O. Box 5055, Sioux Falls, South Dakota 57117.