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House Journal: Page 1431: Thursday, April 9, 1998

 9	b.	A family farm entity.
10	c.	A qualified commodity share landlord."
11     10.  Page 3, by inserting before line 6 the
12   following:
13     "___.  "Regional cooperative association" means a
14   cooperative association other than a farmers
15   cooperative association."
16     11.  Page 3, lines 27 and 28, by striking the
17   words "one thousand five hundred" and inserting the
18   following:  "six hundred forty".
19     12.  Page 3, lines 34 and 35, by striking the
20   words  "a ten percent or greater" and inserting the
21   following:  "an".
22     13.  Page 4, line 13, by striking the words "one
23   thousand five hundred" and inserting the following:
24   "six hundred forty".
25     14.  Page 4, by striking lines 20 through 22 and
26   inserting the following:  "networking farmers
27   corporation by operation of law, the corporation may
28   disregard the transfer for".
29     15.  Page 5, by inserting after line 4 the
30   following:
31     "___.  A qualified commodity share landlord who
32   owns an interest in a networking farmers corporation
33   holding agricultural land under section 10.3 must rent
34   an additional one hundred fifty acres of agricultural
35   land on a commodity share basis for each farmers
36   entity holding agricultural land under this chapter in
37   which the commodity share landlord acquires an
38   interest."
39     16.  Page 5, lines 13 and 14, by striking the
40   words "one thousand five hundred" and inserting the
41   following:  "six hundred forty".
42     17.  Page 5, line 21, by striking the words "a ten
43   percent or greater" and inserting the following:
44   "an".
45     18.  Page 5, line 35, by striking the words "one
46   thousand five hundred" and inserting the following:
47   "six hundred forty".
48     19.  Page 6, by striking lines 8 and 9 and
49   inserting the following:  "law, the networking farmers
50   limited".

Page 5

 1     20.  Page 6, by inserting after line 27 the
 2   following:
 3     "___.  A qualified commodity share landlord who
 4   owns an interest in a networking farmers limited
 5   liability company holding agricultural land under
 6   section 10.5 must rent an additional one hundred fifty
 7   acres of agricultural land on a commodity share basis
 8   for each farmers entity holding agricultural land

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