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SPONSOR: | Ingle | DATE TYPED: | 03/08/01 | HB | |||
SHORT TITLE: | Processors of Agricultural Products | SB | 295 | ||||
ANALYST: | Rael |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY01 | FY02 | FY01 | FY02 | ||
No Fiscal Impact |
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
Public Regulation Commission (PRC)
Department of Agriculture (DOA)
SUMMARY
Synopsis of Bill
The Processors of Agricultural Products bill repeals §§ 76-13-1 through 76-13-9 which provides that cotton gins, compresses, and warehouses are declared public utilities and places regulatory duties with the Corporation Commission, now the Public Utility Commission.
Significant Issues
The Public Regulation Commission reports that in a free market society there is no longer a need to regulate the prices of cotton processing or refining.
FISCAL IMPLICATIONS
No fiscal impact.
FAR/prr