§ 2907. —  Refunds.


[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 7USC2907]

 
                          TITLE 7--AGRICULTURE
 
                CHAPTER 62--BEEF RESEARCH AND INFORMATION
 
Sec. 2907. Refunds


(a) Establishment of escrow account

    During the period prior to the approval of the continuation of an 
order pursuant to the referendum required under section 2906(a) of this 
title, subject to subsection (f) of this section, the Board shall--
        (1) establish an escrow account to be used for assessment 
    refunds;
        (2) place funds in such account in accordance with subsection 
    (b) of this section; and
        (3) refund assessments to persons in accordance with this 
    section.

(b) Funding escrow account

    Subject to subsection (f) of this section, the Board shall place in 
such account, from assessments collected under section 2906 of this 
title during the period referred to in subsection (a) of this section, 
an amount equal to the product obtained by multiplying--
        (1) the total amount of assessments collected under section 2906 
    of this title during such period; by
        (2) the greater of--
            (A) the average rate of assessment refunds provided to 
        producers under State beef promotion, research, and consumer 
        information programs financed through producer assessments, as 
        determined by the Board; or
            (B) 15 percent.

(c) Demand and receipt of one-time refund

    Subject to subsections (d), (e), and (f) of this section and 
notwithstanding any other provision of this chapter,\1\ any person shall 
have the right to demand and receive from the Board a one-time refund of 
all assessments collected under section 2906 of this title from such 
person during the period referred to in subsection (a) of this section 
if such person--
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    \1\ See References in Text note below.
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        (1) is responsible for paying such assessment; and
        (2) does not support the program established under this chapter.

(d) Form and time period for demand for one-time refund

    Such demand shall be made in accordance with regulations, on a form, 
and within a time period prescribed by the Board.

(e) Submission of proof for one-time refund

    Such refund shall be made on submission of proof satisfactory to the 
Board that the producer, person, or importer--
        (1) paid the assessment for which refund is sought; and
        (2) did not collect such assessment from another producer, 
    person, or importer.

(f) Insufficiency of funds in escrow account; proration of funds among 
        eligible persons

    (1) If the amount in the escrow account required to be established 
by subsection (a) of this section is not sufficient to refund the total 
amount of assessments demanded by all eligible persons under this 
section and the continuation of an order is approved pursuant to the 
referendum required under section 2906(a) \1\ of this title, the Board 
shall--
        (A) continue to place in such account, from assessments 
    collected under section 2904 of this title, the amount required 
    under subsection (b) of this section, until such time as the Board 
    is able to comply with subparagraph (B); and
        (B) provide to all eligible persons the total amount of 
    assessments demanded by all eligible producers.

    (2) If the amount in the escrow account required to be established 
by subsection (a) of this section is not sufficient to refund the total 
amount of assessments demanded by all eligible persons under this 
section and the continuation of an order is not approved pursuant to the 
referendum required under section 2906(a) of this title, the Board shall 
prorate the amount of such refunds among all eligible persons who demand 
such refund.

(Pub. L. 94-294, Sec. 8, May 28, 1976, 90 Stat. 532; Pub. L. 99-198, 
title XVI, Sec. 1601(b), Dec. 23, 1985, 99 Stat. 1604.)

                       References in Text

    This chapter, referred to in provisions preceding par. 1 of subsec. 
(c), was in the original ``this subtitle'', and was translated as 
reading ``this Act'' to reflect the probable intent of Congress.
    Section 2906(a) of this title, referred to in subsec. (f)(1), was in 
the original a reference to section 10(a) of Pub. L. 94-294, section 
2909(a) of this title, and was translated as section 2906(a) of this 
title as the probable intent of Congress, in view of section 2909 of 
this title not containing a subsec. (a) and the subject matter of 
section 2906(a) which relates to a referendum.


                               Amendments

    1985--Pub. L. 99-198 amended section generally, substituting 
provisions relating to refunds for provisions relating to required terms 
and conditions in orders.


                    Effective Date of 1985 Amendment

    Amendment by Pub. L. 99-198 effective Jan. 1, 1986, see section 
1601(c) of Pub. L. 99-198, set out as a note under section 2901 of this 
title.






























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