Regulates grain marketing in Iowa, modifies financial statement requirements for grain dealers and warehouse operators, and sets timelines for filing.

This bill amends Iowa's grain marketing regulations by modifying financial statement requirements for grain dealers and warehouse operators. Grain dealers must submit financial statements accompanied by an unqualified opinion based on an audit. The Department of Agriculture and Land Stewardship may accept a qualified opinion if unavoidable under generally accepted accounting principles. Warehouse operators must also submit financial statements with an unqualified opinion, and the department may require additional statements if necessary.

Regulates grain marketing in Iowa, modifies financial statement requirements for grain dealers and warehouse operators, and sets timelines for filing.

This bill amends Iowa's grain marketing regulations by modifying financial statement requirements for grain dealers and warehouse operators. Grain dealers must submit financial statements accompanied by an unqualified opinion based on an audit. The Department of Agriculture and Land Stewardship may accept a qualified opinion if unavoidable under generally accepted accounting principles. Warehouse operators must also submit financial statements with an unqualified opinion, and the department may require additional statements if necessary.