§ 1427.1203 - Eligible ELS cotton.

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For the purposes of this subpart, eligible ELS cotton is domestically produced baled ELS cotton that is:

Opened by an eligible domestic user on or after February 7, 2014, or

Exported by an eligible exporter on or after February 7, 2014, during a Friday through Thursday period in which a payment rate determined under § 1427.1207 is in effect, and that meets the requirements of paragraphs (b) and (c) of this section;

Eligible ELS cotton must be either:

Baled lint, including baled lint classified by USDA's Agricultural Marketing Service as Below Grade; or

Loose.

Eligible ELS cotton must not be:

ELS for which a payment, under the provisions of this subpart, has been made available;

Imported ELS cotton;

Raw, unprocessed motes;

Textile mill wastes; or

Semi-processed or re-ginned, processed motes.