LD 738
pg. 1
LD 738 Title Page An Act To Save Maine Dairy Farms Page 2 of 2
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LR 1368
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 7 MRSA §2951, sub-§§9-A and 9-B are enacted to read:

 
9-A. Rate of return.__"Rate of return" in connection with
retail sales means the profit to the retail store per unit of
milk sold expressed as a percent of the retail unit price.__
The rate of return for a retail sale is calculated by
subtracting the sum of the unit price paid by the retail store
to the dealer and the retail margin from the retail price,
dividing this number by the retail price and multiplying by
100 to express rate as a percent.

 
9-B. Retail margin.__"Retail margin" means the minimum
amount that a retail store must add to the cost of a container
of milk to cover the retailer's direct and indirect costs
associated with making a container of milk available for
retail sale.

 
Sec. 2. 7 MRSA §2953, sub-§4-A is enacted to read:

 
4-A. Retail margin, rate of return.__As to the cost of milk
to a retail store as defined in section 2985, the retail
margin and a just and reasonable rate of return to the retail
store for the sale of milk; and

 
Sec. 3. 7 MRSA §2954-D is enacted to read:

 
§2954-D.__Maximum rate of return allowed retail stores

 
1. Establishment of maximum allowed rate of return.__The
commission shall establish a maximum allowed rate of return to
a retail store for the sale of milk.__The maximum allowed rate
of return may not be less than the rate of return considered
just and reasonable for establishing minimum retail prices
under section 2954.__The commission shall calculate and apply
the maximum allowed rate of return on a per-unit basis.

 
2. Publication of rate and prices.__The commission shall
publish the maximum allowed rate of return together with
minimum retail prices whenever the maximum allowed rate of
return or a minimum retail price changes.

 
3. Records.__The owner or manager of a retail store shall
keep records of prices paid to dealers and prices charged to
consumers for milk offered for sale at that owner's or
manager's retail store.__The records must include:

 
A.__The total quantity of each consumer unit purchased
from each dealer and the address of each dealer supplying
milk to the retail store;


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