The bill proposes significant changes to the Iowa sheep and wool promotion board, including a name change to the Iowa sheep promotion board, which removes the wool component from its focus. It eliminates the previous assessment on wool and establishes a new flat assessment rate of twenty cents per head sold by producers to first purchasers of sheep. The bill also outlines the collection and expenditure of funds from this assessment, allowing the board to implement an electronic funds transfer system for more efficient collection.

Additionally, the bill amends various sections of the Iowa Code to reflect these changes, including definitions, powers, and duties of the board, as well as procedures for conducting referendums related to the board's establishment and assessment. Current board members will continue to serve until their terms expire, and the new assessment rate will take effect on September 1, 2025, unless the board opts for an earlier implementation. The legislation aims to streamline the board's focus on sheep and sheep products while ensuring continuity in leadership and operations during the transition.

Statutes affected:
Introduced: 182.1, 182.3, 182.4, 182.5, 182.11, 182.12, 182.13A, 182.13B, 182.15, 182.18