02 NCAC 57 .0203. ELIGIBILITY TO RECEIVE GRANTS

Persons receiving, or organizations administering, Compensatory Program grants shall be, or shall benefit, one or more of the following:

(1)           Tobacco producers, allotment holders or persons engaged in tobacco-related businesses who can quantify adverse economic effects in North Carolina to themselves individually from the Master Settlement Agreement after payment of any funds from the National Tobacco Grower Settlement Trust;

(2)           Tobacco producers, allotment holders or persons engaged in tobacco-related businesses who can quantify economic loss to themselves individually resulting from lost tobacco quota due to the Master Settlement Agreement;

(3)           Tobacco producers who can quantify a decline in the value of tobacco-related personal property assets due to the Master Settlement Agreement;

(4)           Tobacco product component businesses which are adversely affected by the Master Settlement Agreement and which need financial assistance to:

(a)           Retool machinery or equipment; or

(b)           Retrain workers in order to convert to the production of new products or non-tobacco use of existing products; or

(c)           Effect other similar changes;

(5)           Persons engaged in tobacco-related businesses who can quantify individual financial losses due to the Master Settlement Agreement; or

(6)           Individuals displaced from tobacco-related employment who can show that the Master Settlement Agreement caused their displacement and who can further show that the displacement has resulted in actual economic loss to them.

 

History Note:        Authority G.S. 143-718; 143-720;

Temporary Adoption Eff. May 15, 2002;

Eff. April 15, 2003.