AB 489

Livestock premises registration

Current law generally requires a person who keeps livestock at a location in this

state to register the location with the Department of Agriculture, Trade and

Consumer Protection (DATCP). The law authorizes DATCP to create exemptions

from the registration requirement by rule. Current law also authorizes DATCP to

contract with an agent to administer the livestock premises registration program.

Under this bill, if DATCP contracts with an agent to administer the livestock

premises registration program, DATCP must annually provide a grant to the agent

for administering the program. The amount of the grant is equal to the amount

raised by the agent from private sources for administering the livestock premises

registration program, up to the amount appropriated for the grant.

Livestock identification tag tax credit

The bill creates an income and franchise tax credit for 25 percent of the amount

that a taxpayer paid in the taxable year for radio frequency identification tags for the

taxpayer's livestock located in this state and 25 percent of the amount that a

taxpayer paid in the taxable year for equipment used in this state to read radio

frequency identification tags on livestock. If the amount of the credit exceeds a

taxpayer's tax liability, the taxpayer does not receive a refund, but, instead, may

carry forward the amount of any unused credit to subsequent taxable years.