Laws: Cases and Codes : U.S. Code : Title 7 : Section 55


   
U.S. Code as of: 01/03/05
Section 55. Fees and charges for cotton classing and related services; criteria; disposition of moneys and samples

      (a) The Secretary of Agriculture shall cause to be collected such
    fees and charges for licenses issued to classifiers of cotton under
    section 53 of this title, for determinations made under section 54
    of this title, and for the establishment of standards and sale of
    copies of standards under sections 56, 57, and 57a of this title,
    as will cover, as nearly as practicable, and after taking into
    consideration net proceeds from any sale of samples, the costs
    incident to providing services and standards under such sections,
    including administrative and supervisory costs. The Secretary may
    provide by regulation conditions under which cotton samples
    submitted or used in the performance of services authorized by this
    chapter shall become the property of the United States and may be
    sold with the proceeds credited to the foregoing account: Provided,
    That such cotton samples shall not be subject to the provisions of
    the Federal Property and Administrative Services Act of 1949.(!1)
    Any fees or charges, late payment penalties, or proceeds from the
    sales of samples collected under this subsection, and any interest
    earned through the investment of such funds shall be credited to
    the current appropriation account that incurs the costs of the
    services provided under this chapter, and shall remain available
    without fiscal year limitation to pay the expenses of the Secretary
    incident to providing services and standards under this chapter and
    section 15b of this title. Such funds may be invested by the
    Secretary in insured or fully collateralized, interest-bearing
    accounts or, at the discretion of the Secretary, by the Secretary
    of the Treasury in United States Government debt instruments.

      (b) The price established by the Secretary of Agriculture under
    the foregoing provisions of this section for practical forms
    representing the official cotton standards of the United States
    shall cover, as nearly as practicable, the estimated actual cost to
    the Department of Agriculture for developing and preparing such
    practical forms.



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