Oregon HB4065 modifies seed contract payment procedures and declares an emergency.

Oregon HB4065 amends the Oregon Revised Statutes to address late payments in seed production and purchase contracts. Producers and seed growers can notify the State Department of Agriculture if a seed dealer fails to make timely payments. The department then determines if payment has been made. If not, the department notifies the seed dealer of the required payment, including interest, within 30 days. The department can charge a fee for these notifications. The bill also allows the department to suspend a seed dealer's license if payment is not made within the specified period.

Oregon HB4065 modifies seed contract payment procedures and declares an emergency.

Oregon HB4065 amends the Oregon Revised Statutes to address late payments in seed production and purchase contracts. Producers and seed growers can notify the State Department of Agriculture if a seed dealer fails to make timely payments. The department then determines if payment has been made. If not, the department notifies the seed dealer of the required payment, including interest, within 30 days. The department can charge a fee for these notifications. The bill also allows the department to suspend a seed dealer's license if payment is not made within the specified period.