ATCP 99.12(6)(b)1.1. An amount that the grain dealer has borrowed from a lending institution and deposited with a commodities broker to maintain an account to hedge grain transactions. The amount deducted may not exceed the amount owed to the lending institution or the amount deposited in the hedge account with the commodities broker, whichever is less. ATCP 99.12(6)(b)2.2. An amount that the grain dealer has borrowed from a lending institution to buy grain that the grain dealer has sold and shipped, provided that the grain dealer has a collectible account receivable for that grain on the date of the balance sheet. The amount of the deduction may not exceed the amount receivable by the grain dealer or the amount owed to the lending institution, whichever is less. ATCP 99.12(6)(b)3.3. An amount, borrowed from a lending institution, that is secured by grain that the grain dealer owns, holds in inventory on the balance sheet date, and shows as inventory on the balance sheet. The amount deducted may not exceed the amount owed to the lending institution or the value of the grain dealer’s grain given as security and held in inventory, whichever is less. ATCP 99.12(6)(b)4.4. An amount, borrowed from a lending institution, that the grain dealer has used to pay for fertilizer, pesticides, herbicides or seed that the grain dealer owns, holds in inventory on the balance sheet date, and shows as inventory on the balance sheet. The amount deducted may not exceed the amount owed to the lending institution or the cost of the fertilizer, pesticides, herbicides and seed purchased with the borrowed funds, whichever is less. ATCP 99.12(7)(7) Attachments. If information required under this section is contained in an attachment to a reviewed or audited financial statement filed under s. 126.13, Stats., the following requirements apply: ATCP 99.12(7)(a)(a) The attachment shall be on the letterhead of the certified public accountant who reviewed or audited the financial statement. ATCP 99.12(7)(b)(b) The certified public accountant who reviewed or audited the financial statement shall certify, in the attachment, whether the certified public accountant has reviewed or audited the attachment. ATCP 99.12 HistoryHistory: CR 02-113: cr. Register April 2003 No. 568, eff. 5-1-03; CR 07-073: cr. (5) (c) Register December 2008 No. 636, eff. 1-1-09. ATCP 99.125ATCP 99.125 Grain dealers; license fees and surcharges. A person applying for an annual grain dealer license under s. 126.11, Stats., shall pay all of the following license fees and surcharges, rather than the license fees and surcharges provided in s. 126.11 (4), Stats.: ATCP 99.125(2)(2) A fee obtained by multiplying the number of bushels reported under s. ATCP 99.11 by 0.1 cent per bushel, and rounding the product to the nearest $100, except that the fee may not be less than $100 or more than $10,000. ATCP 99.125(3)(3) A fee of $100 per business location in excess of one business location. ATCP 99.125(4)(4) A surcharge of $500 if, within 365 days before submitting the license application, the applicant operated as a grain dealer without a license in violation of s. 126.11 (1), Stats. The applicant shall also pay any license fees, license surcharges, and fund assessments that are still due for any license year in which the applicant violated s. 126.11 (1), Stats. ATCP 99.125(5)(5) A surcharge of $100 if, within 365 days before submitting the license application, the applicant failed to file an annual financial statement required under s. 126.13 (1) (b), Stats., by the deadline specified in s. 126.13 (1) (c), Stats. ATCP 99.125(6)(6) A surcharge of $100 if the applicant was licensed as a grain dealer for the last preceding license year but failed to file a license renewal application before the annual license expiration date of August 31. This subsection does not apply to a grain dealer who is exempt from licensing under s. 126.11 (2), Stats., but is voluntarily licensed. ATCP 99.125 HistoryHistory: CR 07-073: cr. Register December 2008 No. 636, eff. 1-1-09. ATCP 99.126ATCP 99.126 Contributing grain dealers; fund assessments. ATCP 99.126(1)(1) General. Except as provided in sub. (5), a contributing grain dealer shall pay an annual fund assessment for each license year. The annual fund assessment shall be calculated under this section, rather than under s. 126.15 (1), Stats. Except as provided in sub. (4) or (5), the annual fund assessment shall equal the sum of the assessments in subs. (2) and (3). ATCP 99.126(2)(a)(a) A contributing grain dealer who reports less than $500,000 in grain payments under s. 126.11 (9) (a), Stats., shall pay a basic assessment equal to the greater of the following amounts: ATCP 99.126(2)(a)2.2. If the fund balance attributable to grain dealers is less than $6 million on May 31 of the last preceding license year, then the sum of the amounts calculated under s. 126.15 (1) (a) and (b), Stats. ATCP 99.126(2)(b)(b) A contributing grain dealer who reports at least $500,000 but less than $3 million in grain payments under s. 126.11 (9) (a), Stats., shall pay a basic assessment equal to the greater of the following amounts: ATCP 99.126(2)(b)2.2. If the fund balance attributable to grain dealers is less than $6 million on May 31 of the last preceding license year, then the sum of the amounts calculated under s. 126.15 (1) (a) and (b), Stats. ATCP 99.126(2)(c)(c) A contributing grain dealer who reports at least $3 million in grain payments under s. 126.11 (9) (a), Stats., shall pay a basic assessment equal to the greater of the following amounts: ATCP 99.126(2)(c)2.2. If the fund balance attributable to grain dealers is less than $6 million on May 31 of the last preceding license year, then the sum of the amounts calculated under s. 126.15 (1) (a) and (b), Stats.