Section 250-RICR-90-00-20.14 - Final Awards and Issuance of PaymentsA. Upon completion of the appeals process, the Department will make any final adjustments to awards necessary to ensure that the total SPRS block grant of $ 342,750.00 is fully distributed to all qualifying applicants. That is, any balances remaining in any category will be reallocated, equally, to other category(s) incurring shortfall(s), and distributed, equally, to qualifying applicants in those category(s).B. The Department will issue final letters of award, specifying the final amounts of each award, to all qualifying applicants in all four (4) sectors.C. At the same time, the Department will forward the names, contact information, Social Security Numbers and award amounts of all qualifying applicants to the Executive Director of the Atlantic States Marine Fisheries Commission (ASMFC), pursuant to a Cooperative Agreement between the Department and ASMFC that protects the confidentiality of information not subject to public disclosure. In turn, the ASMFC will issue payments to all qualifying applicants in accordance with the award amounts. The payments will be accompanied by 1099 forms, given the taxable nature of the payments.250 R.I. Code R. 250-RICR-90-00-20.14
Adopted effective 4/13/2022
Amended effective 4/13/2022