7 CFR 1250.519

§ 1250.519 Late-payment charge.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1250.519, § 1250.519 Late-payment charge, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25142
Permanent ID: ys:prov:25142@1
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Full text

Any unpaid assessments due to the Board pursuant to § 1250.347 shall be increased by a late-payment charge of 1.5 percent each month beginning with the day following the date such assessments are 30 days past due. Any remaining amount due, which shall include any unpaid charges previously made pursuant to this section, shall be increased at the same rate on the corresponding day of each month thereafter until paid. Assessments that are not paid when due because of a person's failure to submit a handler report to the Board as required shall accrue late-payment charges from the time such assessments should have been remitted. The timeliness of a payment to the Board shall be based on the applicable postmark date or the date payment is actually received by the Board, whichever is earlier.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.