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AMS To Impose Late Fees, Interest on Past Due Christmas Tree Marketing Payments From Importers

The Agricultural Marketing Service on June 15 issued a final rule setting new late payment fees and interest charges on late assessments from importers and domestic producers under the Christmas tree marketing order (here). Under the order, which took effect in April 2014, importers and domestic producers of 500 or more Christmas trees must pay an assessment. AMS will impose a $250 late fee on assessments not received within 30 calendar days of the date they are due, increasing to $500 after 90 days, as well as 1.5 percent interest until payment is received. The final rule took effect June 16.

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(Federal Register 06/15/16)