![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 7 - Agriculture |
![]() |
Subtitle B - Regulations of the Department of Agriculture |
![]() |
Chapter XIV - Commodity Credit Corporation, Department of Agriculture |
![]() |
SubChapter B - Loans, Purchases, and Other Operations |
![]() |
Part 1464 - Regional Conservation Partnership Program |
![]() |
Subpart F - Tobacco Loss Assistance Program 2001 |
§ 1464.507 - Benefits.
-
(a) TLAP01 payments shall be made to eligible persons not later than March 31, 2002 as follows:
(1) All fire-cured, dark air-cured and Virginia sun-cured tobacco funds will be distributed one-third to quota owners; one-third to the controller; and one-third to growers.
(2) The allocated funds will be disbursed to quota owners based on the 2001 crop year basic acreage allotment multiplied by National Agricultural Statistics Service (NASS) yield, and to controllers and growers based on the 2001 crop effective allotment multiplied by the yields as specified in the authorizing legislation.
(b) The payment amount for each kind of eligible tobacco shall be equal to 10 cents per eligible payment pound distributed
1/3 to the eligible owner,1/3 to the eligible controller (if any), and1/3 to the eligible grower (if any). Persons who fit more than one category can accumulate shares.(c) In the case where a payment to a farm is disputed CCC may require that all interested parties agree to the resolution of the dispute before any payment is made and may delay payments to that farm until any such disputes are resolved. Also, so that payments may be made expeditiously in a manner that is administratively efficient, CCC may in its sole discretion exclude payments to a person who does not file a timely claim.