[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1463.3]

[Page 660-661]
 
                          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. 1463.3  Definitions.

    The definitions in this section shall apply for all purposes of 
administering the provisions of this subpart:
    Act means Title VI of the America Jobs Creation Act of 2004 (Public 
Law 108-357).
    Adjusted market share means the market share of a manufacturer of 
tobacco products or an importer of tobacco products adjusted to reflect 
such entity's share of a class of tobacco during the immediately 
preceding calendar year quarter. With respect to the 39th and 40th 
quarterly payments due on September 30, 2014, the adjusted market share 
will be the entity's share of a class of tobacco during the April 1-June 
30, 2014 quarter.
    Base period means the period July 1 through June 30 immediately 
preceding the beginning of a fiscal year.
    CCC's point of contact means, for items physically sent to CCC, 
``Tobacco Division (TD), Farm Service Agency, United States Department 
of Agriculture (USDA), STOP 0514, Room 4080-S, 1400 Independence Avenue, 
SW., Washington, DC 20250-0514'' unless otherwise specified by CCC 
through actual notice and, for all correspondence by email, tob--
comments@wdc.usda.gov.
    Calendar year means the period January 1 through December 31.
    Class of tobacco means each of the following types of tobacco and 
tobacco products for which taxes are required to be paid for the removal 
of such into domestic commerce: cigarettes; cigars; snuff; roll-your-own 
tobacco; chewing tobacco; and pipe tobacco.
    Domestic manufacturer of tobacco products means an entity that is 
required to obtain a permit from the Alcohol and Tobacco Tax and Trade 
Bureau of the Department of the Treasury with respect to the production 
of tobacco products under title 27 of the Code of Federal Regulations.
    Fiscal year means the period October 1 through September 30.
    Gross domestic volume means the volume of tobacco products removed, 
as defined by section 5702 of the Revenue Code, and not exempt from tax 
under chapter 52 of such code at the time of their removal under that 
chapter or the Harmonized Tariff Schedule of the United States.
    Importer of tobacco products means an entity that is required to 
obtain a permit from the Alcohol and Tobacco Tax and Trade Bureau of the 
Department of the Treasury with respect to the importation of tobacco 
products under title 27 of the Code of Federal Regulations.
    Market share means the share of each domestic manufacturer and 
importer of a class of tobacco product, to the fourth decimal place, of 
the total volume of domestic sales of the class of tobacco product in 
the base period. Such sales shall be determined by CCC by using the 
total volume of such class of tobacco product that is removed into 
domestic commerce in the base period.

[[Page 661]]

    National assessment means the total amount of funding that CCC has 
determined to be necessary to collect in a year from domestic 
manufacturer and importer of tobacco products in order to reimburse CCC 
for expenditures that it will incur in the year for expenses incurred 
under sections 622 and 623 of the Act in making payments under subpart B 
of this part; losses sustained by CCC in the disposition of tobacco 
acquired under price support loan agreements as provided in section 
641(c) of the Act; and costs incurred by CCC in the utilization of 
financial institutions in administering sections 622 and 623 of the Act.
    Revenue Code means the Internal Revenue Code of 1986.
    Tobacco Trust Fund means an account established for deposit of 
assessments collected under this subpart, plus interest that accrues on 
such assessments, to be used to implement this subpart.

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