Phase I Verification Forms and Applications for Payment must be post-marked to the Virginia Tobacco Indemnification and Community Revitalization Commission by June 30. The commission will pay $9.5 million on 46,000 Phase I flue-cured and burley quota owner and producer claims. For more information, visit vatip.com.
Here is the press release from the Phase I Tobacco Indemnification Program.
RICHMOND, VIRGINIA (May 30, 2012) … In June the Virginia Tobacco Indemnification and Community Revitalization Commission will make payments on 46,000 Phase I flue-cured and burley quota owner and producer claims totaling $9.5 million dollars.
The Virginia Tobacco Commission has extended the final deadline for 2012 Phase I Verification Forms and Applications for Payment to June 30, 2012. Completed and signed Forms must be postmarked no later than June 30, 2012 to be eligible for payment under the 2012 Phase I Program. Claims postmarked later than June 30, 2012 may not receive payment under this year’s Phase I Program.
Claimants who submit a Verification for Payment form or Application for Payment by the June 30, 2012 deadline will be paid in the second round of payment in September.
Since 2000, the Commission has made available $309 million to Virginia’s tobacco producers and quota owners. In January 2012, the Commission announced that it has reached the end of its indemnification obligation. The 2012 payment will be the final distribution of Phase I Indemnification funds. At that time, the Commission will have satisfied its statutory obligation to indemnify burley and flue-cured producers and quota owners.
Claimants who need additional information may contact Troutman Sanders, Phase I Tobacco Indemnification Program, Monday through Friday, 8:30 AM until 4:30 PM (excluding holidays) locally at 804-697-1869 or Toll Free at 1-888-629-7682. Information is also available on the Program’s website at www.vatip.com.