[Federal Register: November 15, 1999 (Volume 64, Number 219)]
[Notices]               
[Page 61816]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15no99-30]                         

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DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

 
Upland Cotton Domestic User/Exporter Agreement

AGENCY: Commodity Credit Corporation, USDA.

ACTION: Notice.

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SUMMARY: The purpose of this notice is to advise potential Upland 
Cotton Domestic User/Exporter Agreement (Agreement) holders and other 
interested parties of the implementation and effective date of the new 
Revision 6 Agreement that the Commodity Credit Corporation (CCC) will 
use to carry out the Upland Cotton User Marketing Certificate (Step 2) 
Program, authorized under the Federal Agriculture Improvement and 
Reform Act of 1996, as amended.

EFFECTIVE DATE: November 15, 1999.

FOR FURTHER INFORMATION CONTACT: Barry Klein, Warehouse and Inventory 
Division, Farm Service Agency, United States Department of Agriculture, 
1400 Independence Avenue, S.W., STOP 0553, Washington, D.C. 20250-0553, 
telephone (202) 720-4647, or FAX (202) 690-0014, E-Mail: 
Barry__Klein@wdc.fsa.usda.gov.

SUPPLEMENTARY INFORMATION: In keeping with the Agriculture, Rural 
Development, Food and Drug Administration, and Related Agencies 
Appropriations Act, 2000, enacted October 22, 1999, CCC will reinstate 
the Step 2 Program for eligible upland cotton beginning October 1, 
1999. All potential Domestic and Exporter Agreement holders who sign 
and return the Revision 6 Agreement to the Kansas City Commodity 
Office, P.O. Box 419205, Kansas City, MO 64141-6205, by no later than 
November 30, 1999, will be eligible to receive the Step 2 payment in 
effect during the week in which the upland cotton bales were consumed 
or exported. Prompt Payment Act provisions will not apply 
retroactively. Prompt Payment interest will be calculated beginning 30 
days from receipt of the completed application for payment. Those 
potential Agreement holders who fail to sign and return the new 
Revision 6 Agreement by November 30, 1999, will have an effective date 
upon signature and acceptance by CCC. An electronic copy of the 
Revision 6 Agreement is available on the World Wide Web at 
www.fsa.usda.gov/daco/step2.

    Signed at Washington, DC, on November 3, 1999.
Keith Kelly,
Executive Vice President, Commodity Credit Corporation.
[FR Doc. 99-29726 Filed 11-12-99; 8:45 am]
BILLING CODE 3410-05-P