An Act amending the act of April 28, 1937 (P.L.417, No.105), known as the Milk Marketing Law, in purpose, short title and definitions, further providing for definitions and construction; in general powers of the board, providing for collection of premiums; in prices of milk, providing for board-established premiums and further providing for cooperatives; and, in moneys and expenses of board, further providing for Milk Marketing Fund and for payment and providing for audits.

SB 1297 amends Pennsylvania's Milk Marketing Law to update definitions and establish a new system for collecting fees on Class 1 fluid milk known as board-established premiums. Under this bill, the Pennsylvania Milk Board would set these premiums based on production costs and other economic factors, with the Department of Revenue assisting in their collection. The legislation also clarifies that cooperatives can blend milk sales across different markets and pay producers a blended price, provided they receive prior written approval from the board. Additionally, the bill creates a Milk Marketing Fund to cover the board's expenses and mandates audits to ensure proper financial management.