House Bill 2257

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    Florida House of Representatives - 1999                HB 2257

        By Representative Stansel






  1                      A bill to be entitled

  2         An act relating to tobacco producers; providing

  3         legislative intent; requiring the Department of

  4         Agriculture and Consumer Services to design and

  5         implement a program to provide compensation for

  6         tobacco producers and tobacco quota holders;

  7         requiring the department to promulgate rules;

  8         specifying source of moneys; providing a

  9         contingent effective date.

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11         WHEREAS, the Legislature is advised that, with the

12  exception of one year, tobacco has been produced by growers in

13  the State of Florida every year since 1938 under a federally

14  controlled quota system, and

15         WHEREAS, since 1938 and continuing to the present day,

16  the production of tobacco is a legal enterprise, and

17         WHEREAS, the production of tobacco on farms in Florida

18  has been a stable and predictably profitable crop for farmers

19  due to the federal quota system that regulates the volume of

20  production and the producer owned and operated Flue-Cured

21  Stabilization Corporation that provides market stability at no

22  net cost to any governmental entity, and

23         WHEREAS, the production of tobacco requires a large

24  investment of capital to purchase and possess the quota, as

25  well as to provide the infrastructure needed for production,

26  i.e., the agricultural land and specialized equipment, and

27         WHEREAS, the necessary encumbering of large production

28  costs by tobacco producers ensures that they have a very large

29  asset investment, and

30         WHEREAS, the State of Florida and the tobacco companies

31  reached a settlement on August 25, 1997, in the State of

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    Florida House of Representatives - 1999                HB 2257

    712-104A-99






  1  Florida et al. v. American Tobacco Company et al., with the

  2  tobacco companies agreeing to pay the State of Florida $11.3

  3  billion over 25 years, and

  4         WHEREAS, based on the "Most Favored Nation Status"

  5  section of the settlement, the State of Florida has increased

  6  its settlement amount to $13 billion, an increase of $1.7

  7  billion, and

  8         WHEREAS, nowhere in the settlement agreement in the

  9  State of Florida et al. v. American Tobacco Company et al.

10  were the producers of tobacco mentioned or was there any means

11  or method of compensation considered or provided for tobacco

12  producers because of the decline in consumption and the

13  decline in the farmgate price of tobacco, and

14         WHEREAS, the producers of tobacco in the State of

15  Florida possess sufficient infrastructure and equipment to

16  produce quota volume allocated in 1997, and

17         WHEREAS, in the 1998 and 1999 production years, a total

18  quota reduction of 35 percent of the 1997 quota has occurred,

19  leaving many producers in serious financial peril, and

20         WHEREAS, these reductions of quota are a direct result

21  of lawsuits brought by the State of Florida and other states

22  against tobacco companies, and subsequent settlements of those

23  lawsuits, and

24         WHEREAS, other tobacco-producing states have either

25  passed or are apparently formulating legislation at the

26  present time to compensate tobacco quota holders and producers

27  for asset loss, stranded investment, and margin capabilities,

28  and

29         WHEREAS, compensation of tobacco producers will help to

30  ensure that family farms that have been dependent on tobacco

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    Florida House of Representatives - 1999                HB 2257

    712-104A-99






  1  profits for debt service and basic income needs will remain

  2  solvent, and

  3         WHEREAS, there are precedents to such actions as will

  4  be caused by this legislation, NOW, THEREFORE,

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  6  Be It Enacted by the Legislature of the State of Florida:

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  8         Section 1.  It is the intent of the Legislature that

  9  Florida's tobacco producers and tobacco allotment holders be

10  compensated for the economic losses and adverse economic

11  effects they have experienced as a result of the loss of

12  tobacco quotas.  The Department of Agriculture and Consumer

13  Services, in consultation with the Florida Tobacco Advisory

14  Council and using information provided by the United States

15  Department of Agriculture's Farm Service Agency, shall design

16  and implement a program to provide direct and indirect

17  compensation for the benefit of Florida's tobacco producers

18  and tobacco quota holders.  The Department of Agriculture and

19  Consumer Services shall adopt rules pursuant to ss. 120.54 and

20  120.536(1), Florida Statutes, to implement the legislative

21  intent of this act to compensate tobacco producers and tobacco

22  quota holders in a fair and equitable manner for lost quota.

23         Section 2.  Beginning on January 1, 2000, and

24  continuing through December 31, 2004, a portion of the

25  proceeds paid to the State of Florida as a result of

26  litigation entitled the State of Florida et al. v. American

27  Tobacco Company et al., Case #95-1466AH, in the Circuit Court

28  of the Fifteenth Judicial Circuit, in and for Palm Beach

29  County, equal to 2 percent of the total amount of the Tobacco

30  Settlement shall be appropriated to the Florida Tobacco

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    Florida House of Representatives - 1999                HB 2257

    712-104A-99






  1  Producers Compensation Trust Fund, if created by law, to carry

  2  out the intent and provisions of this act.

  3         Section 3.  This act shall take effect July 1, 1999, if

  4  HB       or similar legislation is adopted in the same

  5  legislative session or an extension thereof.

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  8                          HOUSE SUMMARY

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      Provides legislative intent with respect to compensation
10    of Florida tobacco producers and tobacco quota holders.
      Requires the Department of Agriculture and Consumer
11    Services to design and implement a program to provide
      compensation for tobacco producers and tobacco quota
12    holders.  Requires the department to promulgate rules.
      Specifies source of moneys.
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