AGRIMISSOURI TRADEMARK (Section 261.235) - Currently, the AgriMissouri Advisory Commission for Marketing Missouri Agricultural Products may establish a fee structure for sellers electing to use the AgriMissouri trademark associated with Missouri agricultural products with the fee varying depending upon the amount of the seller's gross annual sales. Under this act, the provisions regarding the fee structure varying depending upon the amount of the seller's gross annual sales are repealed, and instead this act allows the AgriMissouri Advisory Commission to adopt a fee structure so long as the fees established and collected do not yield revenue greater than the costs of administering the objectives of the AgriMissouri Advisory Commission and the AgriMissouri trademark to sellers using the trademark in the ensuing year.

This provision is identical to SB 361 (2015), a provision contained in SCS/HCS/HB 882 (2015), and HCS/SCS/SB 131 (2015).

CORPORATE REGISTRATION REPORTS (Section 351.120) - Currently, authorized farm corporations and family farm corporations are required to file a corporate registration report annually with the Missouri Secretary of State. Under this act, such farm corporations would not have to file an annual report if the information required by the corporate registration report has not changed since the filing of the corporation's articles of incorporation or most recent registration report.

This provision is identical to SB 148 (2015), and is substantially similar to a provision contained in HCS/SCS/SB 131 (2015).

KAYLA CRIDER