[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1463.8]

[Page 641-642]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1463_2005	2014 TOBACCO TRANSITION PROGRAM--Table of Contents
 
                Subpart A_Tobacco Transition Assessments
 
Sec.  1463.8  Notification of assessments.

    (a) Once CCC has determined a national assessment, CCC will collect 
that amount on a quarterly basis from all domestic manufacturers and 
importers of tobacco products subject to Sec.  1463.5.
    (b) 30 calendar days prior to the end of each calendar year quarter 
domestic manufacturers and importers of tobacco products will receive 
notification of:
    (1) The national assessment;
    (2) The percentage of the national assessment that has been 
allocated to each class of tobacco product and the total amount of 
assessments due from each such class;
    (3) Any adjustments that have been from the prior fiscal year with 
respect to the allocation of the gross domestic volume determined for 
use in a fiscal year among the classes of tobacco products;
    (4) An adjustment in the national assessment if CCC determines that 
the assessments imposed will result in insufficient funds due to changes 
in the amount of expenditures that CCC has determined will be made in a 
calendar year;
    (5) The volume of gross sales of each class of tobacco that CCC has 
allocated to the domestic manufacturer or importer of tobacco products 
for the purposes of determining such entity's adjusted market share. The 
volume of

[[Page 642]]

gross sales of each class of tobacco allocated to such an entity shall 
correspond to the quantity of the tobacco product that is removed into 
domestic commerce by each such entity;
    (6) The total volume of gross sales of each class of tobacco that 
CCC has allocated to a class of tobacco, within the gross domestic 
volume determined for use in a fiscal year, that was used for the 
purpose of determining a tobacco manufacturer's or tobacco importer's 
adjusted market share. The total volume of gross sales of each such 
class of tobacco shall correspond to the total quantity of the tobacco 
product that is removed into domestic commerce.
    (7) For that quarter, the adjusted market share of the domestic 
manufacturer or importer of tobacco products;
    (8) The manner in which assessments are to be remitted to CCC; and
    (9) Identification of those Department of the Treasury and 
Department of Homeland Security forms filed by the domestic manufacturer 
or importer of tobacco products that are used to calculate assessments.

[70 FR 7011, Feb. 10, 2005, as amended at 70 FR 17158, Apr. 4, 2005]