View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
USDA/FSA | RIN: 0560-AH77 | Publication ID: Fall 2010 |
Title: Tobacco Transition Program, Final Dates for Program Signup and Successor-in-Interest Transfers | |
Abstract: The Tobacco Transition Payment Program (TTPP), which began in 2005, will end in 2014 and provides payments to assist tobacco quota holders and producers to transition to a free tobacco market from the previously federally regulated program. The final rule will establish deadlines to end the TTPP signup period and the option for contract holders to, in essence, sell their contracts to a third party. The final rule contains two Commodity Credit Corporation (CCC) deadlines for TTPP holders and producers of quota tobacco, and for owners of Successor-In-Interest (SII) contracts: (1) Enrollment in TTPP will end 60 days after publication of the final rule, and (2) the option for the owner of a TTPP contract to take the following actions will end 90 days after publication of the final rule: (a) Enter into an SII contract or the current owner of an SII contract to enter into a successive SII contract (a successor contract essentially sells a contract); (b) Transfer a TTPP contract to a family member; or (c) Transfer a TTPP contract to a producer who had purchased marketing quota prior to October 22, 2004, and assigned the quota to a farm the producer did not own. | |
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1463 | |
Legal Authority: PL 108-357 |
Legal Deadline:
None |
||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Deirdre Holder Branch Chief, Regulatory Analysis and PRA Requirements Branch Department of Agriculture Farm Production and Conservation Business Center, 1400 Independence Avenue SW, Washington, DC 20250-0572 Phone:202 205-5851 Email: deirdre.holder@usda.gov |