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HB2254: Requiring milk processors to hold payments in trust for milk producers until full payment is received, with funds in escrow considered held in trust.
Passed BothHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill requires milk processors in Kansas to hold payments from milk producers until full payment is received. This means that if a processor owes money to a producer, they must keep it in an account set aside for this purpose.
Who This Affects
Milk producers in Kansas who sell their milk to processors will be directly affected by this bill. It aims to ensure that these producers receive the full amount owed to them.
Key Provisions
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Timeline
Introduced
Monday, February 3, 2025
Last Action
House Approved by Governor on Wednesday, March 26, 2025
Apr 9, 2025
Sponsors
No sponsors listed.
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