Irish Potatoes Grown in Washington; Establishment of Interest Charge on Overdue Assessment Payments and Clarification of Operating Reserve Authority
marketing-order · Agricultural Marketing Service · Rule · Published 1995-05-25 · Effective 1995-05-25 · 60 FR 27682
Document
Document number
95-12803
Federal Register citation
60 FR 27682
CFR reference
7 CFR 946
Type
Rule
Action
Final rule.
Category
marketing-order
Sub-agency
Agricultural Marketing Service
Publication date
1995-05-25
Effective date
1995-05-25
USDA docket
FV95-946-2FR
Abstract
This final rule establishes an interest charge on overdue assessments under the marketing order and clarifies authority for an operating reserve not to exceed approximately two fiscal periods' expenses. This action will contribute to the efficient operation of the order by ensuring that adequate funds are available to cover authorized expenses incurred under the order. This rule was recommended by the State of Washington Potato Committee (Committee), the agency responsible for the local administration of the order.