discolors current registration fee currently in the legislation and again february march program is gsi also to develop the rules and regulations along the legacy program and the rebate was the transfer tax for the property owner provides for the property and extends the lease for 10 years for the legacy business or what the legacy business are purposes the property than the property tax rebate we need the rules and regulations and then the finalizing the program and per the legislation currently, the we need to have by june 30th go before the wrvrz with a fully developed program that's the timeline this could adjust some depending on the passage of the legislation but i want to be more prepared than wait he until the legislation is pass before we especially thinking about the timeline to be able to get the budget allocations. >> you need staff. >> what and you need staff. >> and we're partnering with the ucsf and the gallery to help with this as well just a reminder under the legacy program it's thirty year to year of businesses currently in the legislation dnsz as bars and restaurant

massey ferguson in germany, challenger in the u.s., valpar and gsi.are basically producing everything a professional farmer needs. >> and your presence in europe, 50 fers? >> 50% here in europe, then about 25% in south america and the rest is mainly in the u.s. >> talk to us about how the price of oil, the drop that we've been seeing is now down over 45% sips june of 2014. how is that impacting your business and your farm machinery equipment? because from what i can understand, from some of the analysts that i spoke to, is that the drop in the price of oil is helping your business because now it requires less output from your machinery. >> yeah. diesel, mainly diesel fuel, one important input for farmers. so farmer invest and farm income is strong, so that might help. >> and what about europe? you were saying 50% of your revenue comes from europe. how much has the economic down turn been impacting your business? i know you cut your guidance in october. we saw a sharp reaction, about 10% back in october? >> yeah. this year we will lose about 10% supply