This is essentially correct. I don't think the amount is necessarily the same year to year, so I wouldn't call it reset. But we cannot use any unused amount of this year's allotment and we do receive a new allotment.
I believe the date is July 2 (which you may see referenced as "J2").
As I understand it, when the new period starts any money saved from this period Goes away. So if we don’t sign anybody between now and then that remaining million dollars or so just goes away but then it resets and we get the full amount back but only the full amount right?
when is the reset date?