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A no net cost assessment was collected on all leaf tobacco sold to build a reserve fund that reimbursed the Commodity Credit Corporation (CCC) for any losses of loan principal and interest. Adoption of the tobacco quota buyout in P.L. 108-357, Title VI, also ended the price support program for the crop in 2005 and subsequent years.
[2] A "patronage dividend" is money paid by a cooperative to its patrons on the basis of business done with these patrons, pursuant to a pre-existing obligation, and based on the net earnings of the cooperative from the business done. [3] In practice, cooperatives typically charge their members for services and refund the profits proportionately.
The Fair and Equitable Tobacco Reform Act is a component of the American Jobs Creation Act, passed in the United States in October 2004.The main component of the Fair and Equitable Tobacco Reform Act is the Tobacco Transition Payment Program (TTPP, otherwise known as the "Tobacco Buyout"), which was formalized by the United States Department of Agriculture in February 2005.
Family Smoking Prevention and Tobacco Control Act; Long title: To protect the public health by providing the Food and Drug Administration with certain authority to regulate tobacco products, to amend title 5, United States Code, to make certain modifications in the Thrift Savings Plan, the Civil Service Retirement System, and the Federal Employees’ Retirement System, and for other purposes.
Homeowners insurance vs. co-op insurance. When you purchase a home or condo, you own the structure with a deed to prove it. A standard homeowners insurance policy covers the entire structure of a ...
Title I, known as the Dairy Production Stabilization Act of 1983, authorized a voluntary Dairy Diversion Program, which was operated between January 1984 and March 1985. Producers who elected to participate in the program and reduce their milk marketings by between 5% and 30% below their base production were paid $10 per hundred pounds (cwt ...
In some cases, landlords are barely breaking even on the buildings they own, according to Frank Ricci, government affairs director with the Rent Stabilization Association, a landlord organization. Fines keep the money from the upkeep of the rest of the building, Ricci said. “All [they] do is put the building in further financial stress.”
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