Irish Potatoes Grown in Oregon and California; Establishment of Interest and Late Payment Charges on Overdue Assessment Payments

Zusammenfassung

This proposed rule would allow the Oregon-California Potato Committee (committee) to impose interest and late payment charges on overdue assessments under the marketing order. Some handlers are frequently late paying their assessments, which tends to cause cash flow problems for the committee and is inequitable to handlers who pay assessments when due. Imposing interest and late payment charges on handlers would encourage such handlers to pay their assessment obligations in a timely manner and help the committee maintain sufficient funds to carry on normal operations.