1 - Assessment Rate

Whereas Section 1500.51(c) of the Concrete Masonry Products Research, Education, and Promotion Order includes the following language regarding assessment rates:
At any time following the conduct of the initial referendum conducted pursuant to this Order, the assessment rate will be reviewed by the Board and, upon the affirmative vote of two-thirds of voting members of the Board, may be modified; provided that the assessment rate may be raised to a maximum of $0.05 cents per unit, that only one increase may be implemented in any one-year period, and each individual increase may not exceed $0.01.
Whereas the purpose of this language was to provide flexibility to the Board to increase assessments without the influence or approval of the federal government in the event that checkoff investments were demonstrated to result in improved revenues and market share increases for those paying assessments;

Whereas an increase in assessment rate should only be enacted after considerable due diligence is applied to assess the value and impact of such assessment on those paying the assessment;

Now, therefore, be it resolved that the Board will not entertain a motion to approve an assessment rate increase:

  • Within the first five years following the date that the Order becomes effective; and
  • Without a thorough review of a completed return on investment study to assess the impact of checkoff assessments on the concrete masonry market; and
  • Without first conducting a survey of all producers paying assessments to determine their support or opposition to such a rate increase.
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