United States Code
USC most recently checked for updates: Nov 17, 2019
The order shall provide that assessments shall be paid by a manufacturer if the manufacturer has manufactured concrete masonry products during a period of at least 180 days prior to the date the assessment is to be remitted.
Assessments required under the order shall be remitted by the manufacturer to the Board in the manner prescribed by the order.
The order shall provide that assessments required under the order shall be remitted to the Board not less frequently than quarterly.
As part of the remittance of assessments, manufacturers shall identify the total amount due in assessments on all sales receipts, invoices or other commercial documents of sale as a result of the sale of concrete masonry units in a manner as prescribed by the Board to ensure compliance with the order.
The assessment rate on concrete masonry products shall be $0.01 per concrete masonry unit sold.
The Board shall have the authority to change the assessment rate. A two-thirds majority of voting members of the Board shall be required to approve a change in the assessment rate.
An increase or decrease in the assessment rate with respect to concrete masonry products may not exceed $0.01 per concrete masonry unit sold.
The assessment rate shall not be in excess of $0.05 per concrete masonry unit.
The assessment rate may not be increased or decreased more than once annually.
Late-payment and interest charges may be levied on each person subject to the order who fails to remit an assessment in accordance with subsection (b).
The rate for late-payment and interest charges shall be specified by the Secretary.
The order shall provide that not less than 50 percent of the assessments (less administration expenses) paid by a manufacturer shall be used to support research, education, and promotion programs and projects in support of the geographic region of the manufacturer.
The order shall provide that the Secretary may, upon recommendation of the Board, modify the composition of the geographic regions described in paragraph (2).