Justification Worksheet (fine increase)

Justification Change-2020 FTC fine update FR 1-14-2020.xlsx

Regulations and Related Reporting and Recording Requirements - FTPP, Packers and Stockyards Division

Justification Worksheet (fine increase)

OMB: 0581-0308

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Justification of Change -03/20/2020 Justification OMB No 0581-0308 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020


The corrections regaridng the penalties is due to inflation adjustments per 9CFR statue 3.91(1)
Form No. Location of Change justification
PSD 2200 Trust Fund Agreement Form Pg 1, Line 7, sentence 1, 2nd line Added the words "surety bond" after "issued thereunder, require a good and sufficient"


The words surety bond are clarify the meaning of the sentence, and were missing from the original submission



PSD 3001 Annual Report of Dealer or Market Agency Buying on Commission Pg 4, para 1 after Section 7, Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 4, Section 7, para 2 Reformatted signature statement left justified to center justified to maintain consistency with other forms

Pg 5, para 2, line 5 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 3002 Annual Report of Live Poultry Dealers Pg 5, para 1 after Section 8, Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 7, para 2, line 5 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 3003 Annual Report of Market Agency Selling on Commission Pg 4, para 1 after Section 8 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 5, para 2, line 1 Replace "received" with postmarked/e-filed; this keeps consistency on 3000 series of forms

Pg 5, para 2, line 5 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 3004 Annual Report of Packers Pg 5, Section 7, para 2 Reformatted signature statement left justified to center justified to maintain consistency with other forms

Pg 6, para 1 after Section 7, Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 5, para 2 Reformatted paragraph 2 from left to center justification to maintain consistency with other forms
PSD 3005 Supplement to Annual Report of Packers Pg 2 After Line 332 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 7001 Status of Custodial Bank Account for Shippers' Proceeds Special Report Pg 3, Para 1, Sentence 1 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 4, Para 2, Sentence 2 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 7002 Statement of Assets, Liabilities, and Equity Special Report Pg 3, after Section 4, Para 1, Sentence 1 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 4, Para 2, Sentence 2 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020
PSD 7003 Special Report for Review of Dealer, Market Agnecy and Packer Bonds Pg 2, after Section 3, Para 1 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020

Pg 3, Para 3, Sentence 2 Changed fine amount from $559 to $569; Fine updated in Federal Register effective January 14, 2020


























Section 10 of the FTC Act, made applicable by Section 402 of the Act (7 U.S.C. 222).
File Typeapplication/vnd.openxmlformats-officedocument.spreadsheetml.sheet
File Modified0000-00-00
File Created0000-00-00

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