Expenses, Assessment Rate, and Indemnification Reserve for Marketing Agreement No. 146 Regulating the Quality of Domestically Produced Peanuts
marketing-order · Agricultural Marketing Service · Rule · Published 1995-05-17 · Effective 1995-07-01 · 60 FR 26348
Document
Document number
95-12146
Federal Register citation
60 FR 26348
CFR reference
7 CFR 998
Type
Rule
Action
Interim final rule with request for comments.
Category
marketing-order
Sub-agency
Agricultural Marketing Service
Publication date
1995-05-17
Effective date
1995-07-01
USDA docket
Docket No. FV95-998-1IFR
Abstract
This interim final rule authorizes expenditures for administration and indemnification, establishes an assessment rate, and authorizes continuation of an indemnification reserve under Marketing Agreement 146 (agreement) for the 1995-96 crop year. This rule also increases the administrative assessment rate for the 1994-95 crop year. Authorization of this budget enables the Peanut Administrative Committee (Committee) to incur operating expenses, collect funds to pay those expenses, and settle indemnification claims during the 1995-96 crop year. Authorization of the increase in the administrative assessment rate for the 1994-95 crop year enables the Committee to collect sufficient funds to pay expenses projected for the remainder of that year. Funds to administer this program are derived from assessments on handlers who have signed the agreement.