HB 1604 Modifies the requirements for securing a cotton lien for nonpayment of an assessment
Current Bill Summary
- Prepared by Senate Research -

HB 1604 - This act pertains to cotton liens.

This act adds to the list of other remedies for the collection of assessments, including penalties and interest. Under this act, the Department of Agriculture shall have an assessment lien that attaches and is perfected after 60 days, a change that removes from the department the current responsibility of filing all liens with the Secretary of State.

Other changes include a notification requirement for the department regarding liens attached after the date of perfection. This assessment lien is not subject to the provisions of Article 9 of the UCC (Secured Transactions) or the provisions of the food security act.

This act is similar to SB 1390.
MEGAN CRAIN

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