[Federal Register Volume 64, Number 219 (Monday, November 15, 1999)]
[Notices]
[Page 61816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-29726]
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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation
Upland Cotton Domestic User/Exporter Agreement
AGENCY: Commodity Credit Corporation, USDA.
ACTION: Notice.
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SUMMARY: The purpose of this notice is to advise potential Upland
Cotton Domestic User/Exporter Agreement (Agreement) holders and other
interested parties of the implementation and effective date of the new
Revision 6 Agreement that the Commodity Credit Corporation (CCC) will
use to carry out the Upland Cotton User Marketing Certificate (Step 2)
Program, authorized under the Federal Agriculture Improvement and
Reform Act of 1996, as amended.
EFFECTIVE DATE: November 15, 1999.
FOR FURTHER INFORMATION CONTACT: Barry Klein, Warehouse and Inventory
Division, Farm Service Agency, United States Department of Agriculture,
1400 Independence Avenue, S.W., STOP 0553, Washington, D.C. 20250-0553,
telephone (202) 720-4647, or FAX (202) 690-0014, E-Mail:
Barry__Klein@wdc.fsa.usda.gov.
SUPPLEMENTARY INFORMATION: In keeping with the Agriculture, Rural
Development, Food and Drug Administration, and Related Agencies
Appropriations Act, 2000, enacted October 22, 1999, CCC will reinstate
the Step 2 Program for eligible upland cotton beginning October 1,
1999. All potential Domestic and Exporter Agreement holders who sign
and return the Revision 6 Agreement to the Kansas City Commodity
Office, P.O. Box 419205, Kansas City, MO 64141-6205, by no later than
November 30, 1999, will be eligible to receive the Step 2 payment in
effect during the week in which the upland cotton bales were consumed
or exported. Prompt Payment Act provisions will not apply
retroactively. Prompt Payment interest will be calculated beginning 30
days from receipt of the completed application for payment. Those
potential Agreement holders who fail to sign and return the new
Revision 6 Agreement by November 30, 1999, will have an effective date
upon signature and acceptance by CCC. An electronic copy of the
Revision 6 Agreement is available on the World Wide Web at
www.fsa.usda.gov/daco/step2.
Signed at Washington, DC, on November 3, 1999.
Keith Kelly,
Executive Vice President, Commodity Credit Corporation.
[FR Doc. 99-29726 Filed 11-12-99; 8:45 am]
BILLING CODE 3410-05-P
