(1) Each person who distributes commercial fertilizers and/or soil amendments (except specialty fertilizers and unmanipulated manures) to nonlicensed end users shall file semiannual statements for the periods ending June 30 and December 31, setting forth the number of net tons of each commercial fertilizer and/or soil amendment (except specialty fertilizers and unmanipulated manures), received during the six-month period and the amount of the ending inventory. The reports shall be filed with the department, on forms approved by the department, on or before the 30th calendar day of the month following the close of each six-month period. A separate semiannual statement is required for each licensed location. A semiannual statement is required even if no sales or distributions occurred within a six-month period.

(2) Failure to file the disclosure may constitute grounds for revoking a license.