Fabio
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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
84 lines
4.8 KiB
Markdown
84 lines
4.8 KiB
Markdown
---
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type: "LegalText"
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title: "15 U.S.C. § 8705"
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description: "Assessments"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 15
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title_name: "COMMERCE AND TRADE"
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chapter_number: "113"
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chapter_name: "CONCRETE MASONRY PRODUCTS RESEARCH, EDUCATION, AND PROMOTION"
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section: "8705"
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citation: "15 U.S.C. § 8705"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
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source_identifier: "/us/usc/t15/s8705"
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source_file: "data/legal/raw/us/code/title-15/usc15.xml"
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source_hash: "fabd263164d5a6b732b324894e12452b64e55ca8edabf82ad99e22ba56ef9868"
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raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
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text_hash: "7caeb84d71cceb72d873c5716296dbb90ae00feb806efbbb0fdd223cb9bbc248"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 15 U.S.C. § 8705 - Assessments
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## Text
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(a) Assessments 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.
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(b) Collection (1) In general Assessments required under the order shall be remitted by the manufacturer to the Board in the manner prescribed by the order.
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(2) Timing The order shall provide that assessments required under the order shall be remitted to the Board not less frequently than quarterly.
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(3) Records 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.
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(c) Assessment rates With respect to assessment rates, the order shall contain the following terms:
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(1) Initial rate The assessment rate on concrete masonry products shall be $0.01 per concrete masonry unit sold.
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(2) Changes in the rate (A) Authority to change rate 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.
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(B) Limitation on increases An increase or decrease in the assessment rate with respect to concrete masonry products may not exceed $0.01 per concrete masonry unit sold.
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(C) Maximum rate The assessment rate shall not be in excess of $0.05 per concrete masonry unit.
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(D) Limitation on frequency of changes The assessment rate may not be increased or decreased more than once annually.
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(d) Late-payment and interest charges (1) In general 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).
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(2) Rate The rate for late-payment and interest charges shall be specified by the Secretary.
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(e) Investment of assessments Pending disbursement of assessments under a budget approved by the Secretary, the Board may invest assessments collected under this section in—
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(1) obligations of the United States or any agency of the United States;
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(2) general obligations of any State or any political subdivision of a State;
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(3) interest-bearing accounts or certificates of deposit of financial institutions that are members of the Federal Reserve System; or
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(4) obligations fully guaranteed as to principal and interest by the United States.
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(f) Assessment funds for regional initiatives (1) In general 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.
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(2) Geographic regions The order shall provide for the following geographic regions:
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(A) Region I shall comprise Connecticut, Delaware, the District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, and West Virginia.
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(B) Region II shall comprise Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.
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(C) Region III shall comprise Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
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(D) Region IV shall comprise Arizona, Arkansas, Kansas, Louisiana, Missouri, New Mexico, Oklahoma, and Texas.
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(E) Region V shall comprise Alaska, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Wyoming.
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(3) Adjustment of geographic regions The order shall provide that the Secretary may, upon recommendation of the Board, modify the composition of the geographic regions described in paragraph (2).
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(Pub. L. 115–254, div. E, § 1306, Oct. 5, 2018, 132 Stat. 3478.)
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