HB 1057 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

     Imposes a tax equal to the gross proceeds multiplied by 0.011 percent upon every person engaged in the business of buying canola.

     Imposes a tax equal to the value of the product multiplied by the rate of 0.138 percent upon every person engaged in the business of processing canola into canola oil.