§ 1464.501 - Applicability and basic terms for payment.

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(a) This subpart sets forth the terms and conditions of the Tobacco Loss Assistance Program 2001 (TLAP01), authorized by Pub. L. 107-76, which provides that funds of the Commodity Credit Corporation (CCC) be made available to certain persons whose farms had established marketing quotas or allotments for the 2001 crop year.

(b) Subject to the availability of funds, payments for this program shall be divided among eligible persons as follows: 331/3 percent of the payments will be made to quota owners; 331/3 percent of the payments will be made to controllers; and 331/3 percent of the payments will be made to growers.

                    
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