With respect to any referendum conducted under the provisions of KRS 247.450 to 247.505, the Commissioner of Agriculture shall, before calling and announcing such referendum, fix, determine and publicly announce at least thirty (30) days before the date determined upon for such referendum, the date, hours and polling places for voting in such referendum, the effective date of the assessment, if adopted, the amount a nd basis of the assessment proposed to be collected, the means by which such assessment shall be collected if authorized by the producers, and the general purposes to which said amount so collected shall be applied; no annual assessment levied under the pr ovisions of KRS 247.450 to 247.505 shall exceed one and one -half percent (1.5%) of the value of the year's production of such agricultural commodity produced by any producer included in the group to which such referendum is submitted.
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