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federal_register: 99-1993

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
99-1993 Over-Order Price Regulation Proposed Rule The Northeast Dairy Compact Commission proposes to amend the method for determining the amount of the administrative assessment charged to milk handlers. The proposed rule would give the Commission discretion, in any given month, to waive the administrative assessment entirely, or to set the rate at an amount less than the current flat rate of 3.2c per hundredweight of fluid milk. The Commission's goal is to maintain a reserve account in the range of 80% to 120% of four- months operating expenses, as determined to be necessary in the budget approved by the Commission. However, his range would not be binding on the Commission and the Commission would at all times retain discretion whether to waive the administrative assessment or to set the rate at an amount less than 3.2 cents. The Commission also invites comments on whether the rule should be amended to permit the Commission to adjust the administrative assessment upward, from the current rate of 3.2c, in exceptional circumstances and, if so, what exceptional circumstances would justify such an adjustment. Finally, the Commission proposes to promulgate a new rule that would require handlers to make payment to the Compact Commission by electronic funds transfer, if the total amount due is greater than $25,000. 1999-01-28 1999 1 https://www.federalregister.gov/documents/1999/01/28/99-1993/over-order-price-regulation https://www.govinfo.gov/content/pkg/FR-1999-01-28/pdf/99-1993.pdf Northeast Dairy Compact Commission 380 The Northeast Dairy Compact Commission proposes to amend the method for determining the amount of the administrative assessment charged to milk handlers. The proposed rule would give the Commission discretion, in any given month, to waive the...

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