UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 13, 2011
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| HOMELAND ENERGY SOLUTIONS, LLC |
| (Exact name of registrant as specified in its charter) |
| |
| Iowa | 000-53202 | 20-3919356 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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| | 2779 Highway 24, Lawler, Iowa | 52154 |
| | (Address of principal ex ecutive offices) | (Zip Code) |
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| (563) 238-5555 |
| (Registrant's telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
8.01 Other Events.
On December 22, 2010, our board of directors declared a cash distribution of $68 per membership unit to the holders of our units of record at the close of business on December 15, 2010, for a total distribution of $6,150,260. This distribution was authorized by the board of directors sub ject to approval by our primary lender, Home Federal Savings Bank of Rochester Minnesota. We received Home Federal's consent to the distribution on January 13, 2011. We will withhold from the distribution the state taxes paid by us on our members' behalf for the 2010 tax year. We expect to pay the distribution in February or March of 2011.
SIGNATURES
Pursuant to the requireme nts of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | HOMELAND ENERGY SOLUTIONS, LLC |
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| Date: January 14, 2011 | /s/ Walter W. Wendland |
| | Walter W. Wendland |
| | Chief Executive Officer |
| | (Principal Executive Officer |
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