7 CFR 1489.31
§ 1489.31 Program income.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1489.31, § 1489.31 Program income, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26526
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Full text
Any revenue or refunds generated from an activity, e.g., participation fees, proceeds of sales, refunds of value added taxes (VAT), the expenditures for which have been wholly or partially reimbursed with RAPP funds, shall be used by the RAPP Participant in furtherance of its approved RAPP activities in the budget period during which the RAPP funds are available for obligation by the RAPP Participant. The use of such revenue or refunds shall be governed by this part. Interest earned on funds advanced by the CCC is not program income.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.