[Federal Register Volume 60, Number 47 (Friday, March 10, 1995)]
[Notices]
[Pages 13109-13110]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5994]



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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation


Uniform Grain and Rice Storage Agreement Fees

AGENCY: Commodity Credit Corporation, USDA.

ACTION: Notice of fees.

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SUMMARY: The purpose of this notice is to publish, in accordance with 7 
CFR 1421.5558(b), a schedule of fees to be paid to Commodity Credit 
Corporation (CCC) by grain and rice warehouse operators requesting to: 
(a) enter into a storage agreement; or (b) renew an existing storage 
agreement.

EFFECTIVE DATE: April 1, 1995.

FOR FURTHER INFORMATION CONTACT: Mr. Steven Closson, Warehouse and 
Inventory Division, Consolidated Farm Service Agency, United States 
Department of Agriculture, Room 5968--South Building. P.O. Box 2415, 
Washington, DC 20013, (202) 720-4018.

SUPPLEMENTARY INFORMATION:

Executive Order 12372

    The Uniform Grain and Rice Storage Agreements are not subject to 
the provisions of Executive Order 12372 which requires 
intergovernmental consultation with State and local officials. See the 
notice related to 7 CFR part 3015, subpart V, published at 48 FR 29115 
(June 24, 1983).

Paperwork Reduction Act

    The fees set forth in this Notice do not generate any new or 
revised information collection or recordkeeping requirements on the 
public.

Regulatory Flexibility Act

    It has been determined that this Notice will not significantly 
impact a substantial number of small entities. Contracting with CCC 
under the Uniform Storage Agreements is strictly voluntary. CCC is also 
not required by 5 U.S.C. 553 or any other provision of law to publish a 
Notice of proposed rulemaking with respect to the subject matter of 
this Notice. Therefore the Regulatory Flexibility Act is not applicable 
to this notice, and a Regulatory Flexibility Analysis was not prepared.

Executive Order 12612

    It has been determined that the policies contained in this Notice 
will not have substantial direct effects on States or their political 
subdivisions, or on the distribution of power and responsibilities 
among the various levels of Government.

Background

    In accordance with the provisions of CCC's Charter Act (15 U.S.C. 
714 et seq), CCC enters into storage agreements with private grain and 
rice warehouse operators to provide for the storage of commodities 
owned by CCC or pledged as security to CCC for price support loans.
    The regulation, 7 CFR 1421.5558 requires that all non-federally 
licensed grain and rice warehouse operators in States that do not have 
a cooperative agreement with CCC for warehouse examinations and who do 
not have an existing agreement with CCC for storage and handling of 
CCC-owned commodities or commodities pledged to CCC as loan collateral, 
but who desire such an agreement, must pay an application and 
inspection fee prior to CCC conducting the original warehouse 
examination. Such grain or rice warehouse operator who is already a 
party to a storage agreement with CCC must pay the annual contract fee 
in [[Page 13110]] advance of the renewal date of the agreement.
    A review of the revenue collected for application and inspection 
fees and contract fees indicates that the fees collected are 
insufficient to meet costs incurred by CCC for warehouse examinations 
and contract origination administrative functions. Accordingly, 
beginning with the 1995-96 contract year, the fees are changed by 
increasing by 30 percent those fees applicable to the 1994-95 contract 
year.

Determination

    The fees set forth herein will be collected by the Commodity Credit 
Corporation (CCC) from non-Federally licensed warehouse operators in 
States which do not have a Cooperative Agreement with CCC for warehouse 
examination services and who have entered into a storage agreement with 
CCC or who are seeking to enter into a storage agreement with CCC.

Application and Inspection Fees

    The fee will be computed at the rate of $13 for each 10,000 bushels 
of storage capacity or fraction thereof, but the fee will be not less 
than $130 nor more than $1,300.

Contract Fees

    The contract fee will be collected by CCC from warehouse operators 
who have entered into or will enter into a storage agreement with CCC 
but who do not have a Federal warehouse license or a State warehouse 
license issued by a State having a Cooperative Agreement with CCC for 
warehouse examination services.

                   Twelve-Month Contract Fee Schedule                   
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                                                               Contract 
                Location capacity (bushels)                      fees   
                                                              (dollars) 
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1 to 150,000...............................................         $130
150,001 to 250,000.........................................          260
250,001 to 500,000.........................................          390
500,001 to 750,000.........................................          520
750,001 to 1,000,000.......................................          650
1,000,001 to 1,200,000.....................................          780
1,200,001 to 1,500,000.....................................          910
1,500,001 to 2,000,000.....................................        1,040
2,000,001 to 2,500,000.....................................        1,170
2,500,001 to 5,000,000.....................................        1,300
5,000,001 to 7,500,000.....................................        1,430
7,500,001 to 10,000,000....................................        1,560
10,000,001 +...............................................    \1\1,560 
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\1\Plus $40 per million bushels above 10,000,000 or fraction thereof.   

    Signed at Washington, D.C. on March 3, 1995.
Bruce R. Weber,
Acting Executive Vice President, Commodity Credit Corporation.
[FR Doc. 95-5994 Filed 3-9-95; 8:45 am]
BILLING CODE 3410-05-P