KRS 234.298: Petition for termination of council and assessment program by referendum

vote -- Timing of referendum -- Termination proceedings.

(1) Upon petition to the commissioner by producers, suppliers, and retail marketers

representing thirty-five percent (35% ) of the volume of propane in each class, the

council shall conduct a referendum to determine if the industry favors termination

of the council and the assessment. Termination shall not take effect unless it is

approved by persons representing a majority o f the total volume of odorized

propane voted in the retail marketer class and by persons representing a majority of

the total volume of propane voted in the producer and supplier class.

(2) The council shall conduct a referendum five (5) years after the da te of the first

referendum and each subsequent five (5) year period to determine if the assessment

should be continued or terminated.

(3) If the council expresses in writing its desire to the commissioner to discontinue the

assessment program and terminate the program, the commissioner, after reviewing

the request and conducting whatever proceedings are deemed appropriate and

necessary in connection with the request, may terminate the program effective at the

end of the calendar year in which the action is taken.