Source: https://www.law.cornell.edu/cfr/text/40/35.928-4
Timestamp: 2016-02-06 07:22:42
Document Index: 495322071

Matched Legal Cases: ['art 35', '§ 35', '§ 35', '§ 35', '§ 35', '§ 35', '§ 35', '§ 35']

40 CFR 35.928-4 - Moratorium on industrial cost recovery payments. | US Law | LII / Legal Information Institute
CFR › Title 40 › Chapter I › Subchapter B › Part 35 › Subpart E › Section 35.928-4 40 CFR 35.928-4 - Moratorium on industrial cost recovery payments.
§ 35.928-4
Moratorium on industrial cost recovery payments.
EPA does not require that industrial users defined in paragraphs (a) and (b) of the definition in § 35.905 pay industrial cost recovery for charges incurred during the period after December 31, 1977, and before July 1, 1979. Any industrial cost recovery charges incurred for accounting periods or portions of periods ending before January 1, 1978, shall be paid by industrial users. These funds are to be used as described in § 35.928-2.
Grantees may either defer industrial cost recovery payments, or require industrial users as defined in paragraphs (a) and (b) of the definition in § 35.905 to pay industrial cost recovery payments for the period after December 31, 1977, and before July 1, 1979. If grantees require payment, the amount held by the municipality for eventual return to the U.S. Treasury under § 35.928-2(a)(1) shall be invested as required under § 35.928-2(b) until EPA advises how such sums shall be distributed. Grantees shall implement or continue operating approved industrial cost recovery systems and maintain their activities of monitoring flows, calculating payments due, and submitting bills to industrial users informing them of their current or deferred obligation.
Industrial users as defined in paragraphs (a) and (b) of the definition in § 35.905 who are served by grantees who defer payment during the 18-month period ending June 30, 1979, shall make industrial cost recovery payments for that period in a lump sum by June 30, 1980, or in equal annual installments prorated from July 1, 1979, over the remaining industrial cost recovery period.