Rule 679-1-.09 - Method of Finance(1) Projects, undertakings, and expenses incurred under this Order shall be financed by a maximum annual assessment and levy of seventy-five cents ($0.75) per hundred pounds of all flue-cured tobacco. Upon the approval of the requisite number of producers and effective as of May 1, 2014, a maximum annual levy and assessment of seventy-five cents ($0.75) per hundred pounds of flue-cured tobacco is hereby made. As of the effective date of May 1, 2014, and henceforth, the Commission will only assess fifty cents ($0.50) of the maximum seventy-five cents ($0.75) and will not increase above the fifty cent ($0.50) assessment rate without notifying producers and holding a producer meeting. Such levy shall continue of force and effect from year to year until this Order is suspended or superseded as provided by law and each year during the time this Order remains of force and effect.(2) To the end that the Commission shall have such funds to defray expenses pending the collection of such funds under the levy and assessment herein provided, that during any year the Commission shall be authorized to borrow money and hypothecate anticipated collections for that year as authorized under Section 16(d), Ga. L. 1961, p. 301 as amended.Ga. Comp. R. & Regs. R. 679-1-.09
O.C.G.A. Sec. 2-8-1et seq.
Original Rule was filed and effective on June 30, 1965.Amended: Filed March 27, 1975; effective May 1, 1975, as specified by the Agency.Amended: F. Jun. 16, 2014; eff. July 6, 2014.