1 / 9

CBB Collections Compliance

CBB Collections Compliance. Collections Compliance Responsibilities. Monitor national collections and ensure compliance 45 QSBCs, 5 non-QSBC states & imports Provide support to QSBCs Interface with USDA Interstate coordination Collection revenue forecasting, trends analysis.

emera
Download Presentation

CBB Collections Compliance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CBB Collections Compliance

  2. Collections ComplianceResponsibilities • Monitor national collections and ensure compliance • 45 QSBCs, 5 non-QSBC states & imports • Provide support to QSBCs • Interface with USDA • Interstate coordination • Collection revenue forecasting, trends analysis

  3. Collections ComplianceProviding Support to QSBCs Tools available: • BCCS computer system • Collections compliance manual • Collections compliance review/audit • Legal clarification • Develop, update collection methods • Onsite support available

  4. Collections ComplianceInterface With USDA • Noncompliance cases • Collections & Compliance Policy and Procedures • Order changes • Litigation

  5. Collections ComplianceAssessments • Mandatory $1 per head • Any bovine animal • Regardless of age, gender or breed • Due whenever there is a change in ownership • Non-Producer Exemption • 10-day rule

  6. Collections ComplianceNoncompliance Assessments not received on time Assessments not received at all

  7. Collections ComplianceNoncompliance Cases • State level • Most cases resolved here. Letters, visits, phone calls • CBB • Letters, phone calls, settlement agreements, bond claims, etc. • USDA • Letters, offset program, litigation

  8. Collections Compliance2 Percent Late Fees • Due if remittance not postmarked by the 15th of the month after the month of transaction • Not optional - mandatory per Beef Order • USDA has the only settlement authority • Neither CBB nor QSBCs have authority to waive late fees

More Related