7 CFR §870.7
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Eligible domestic users making applications for payment under this part must submit a Monthly Consumption Report to AMS. The Monthly Consumption Report must include the following:
- (1)Documentation of eligible upland cotton inventory consumed by the eligible domestic user;
- (2)The eligible domestic user's calculation of financial assistance claimed for payment under the program; and
- (3)The eligible domestic user's signed certification as to the accuracy of the Monthly Consumption Report.
- (b)The eligible domestic user must report to AMS the activity pursuant to paragraph (a)(1) of this section for each month beginning on the effective date of the Agreement.
- (1)If the eligible domestic user's facility is temporarily closed for any reason, the eligible domestic user must notify AMS and submit a Monthly Consumption Report prior to the end of the month following the plant closure.
- (2)Except as provided in paragraph (b)(1) of this section, the domestic user must submit Monthly Consumption Reports every month, even when no eligible upland cotton has been consumed.
- (c)Monthly Consumption Reports not submitted by the last business day of the following month will be considered late by AMS and are ineligible for payment.
- (d)AMS will not process for payment Monthly Consumption Reports or any other required documents from an eligible domestic user that contain errors or omissions.
- (e)Any transaction between two eligible domestic users involving the transfer of eligible upland cotton bales must be reported to AMS by both eligible domestic users with a statement of eligible claim certification as defined in § 870.2.