Agriculture Wool Apparel Manufacturers Trust Fund

 

The Agriculture Wool Apparel Manufacturers Trust Fund was established to reduce the injury to domestic manufacturers resulting from tariffs on wool fabric that are higher than tariffs on certain apparel articles made of wool fabric.

Active 10.616 Foreign Agricultural Service, Department of Agriculture D - Direct Payments With Unrestricted Use Fiscal Year 2023 In FY 2023, USDA made the mandated payments to eligible manufacturers by the statutory deadline. 7 U.S.C. 7101 Payments to reduce the injury to domestic manufacturers resulting from tariffs on wool fabric that are higher than tariffs on certain apparel articles made of wool fabric. Beneficiaries limited to: each eligible manufacturer under paragraph (3) of section 4002(c) of the Wool Suit and Textile Trade Extension Act of 2004 (Public Law 108-429; 118 Stat. 2600), as amended by section 1633(c) of the Miscellaneous Trade and Technical Corrections Act of 2006 (Public Law 109-280; 120 Stat. 1166) and section 325(b) of the Tax Extenders and Alternative Minimum Tax Relief Act of 2008 (division C of Public Law 110-343; 122 Stat. 3875), and any successor-in-interest to such a manufacturer as provided for under paragraph (4) of such section 4002(c). Per Section 12315 of the Agricultural Act of 2014 and reauthorized by Section 12603 of the Agriculture Improvement Act of 2018, eligible claimants must file notarized affidavits as specified under subsection (b) "Distribution of Funds." Preapplication coordination is not applicable. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Submit applications to USDA by March 1st each year. Details of application process can be found at www.fas.usda.gov. Per Section 12315 of the Agricultural Act of 2014 eligible claimants must file notarized affidavits as specified under subsection (b)(2). Applications must be received by March 1 each year. From 15 to 30 days. Not applicable. Not applicable. A thorough review of the information provided in applications is conducted to determine applicant eligibility. Unrestricted use. For example, payments could be used to pay the salaries of the eligible claimant's employees or to offset paid U.S. import duties. Not applicable. Not applicable. See specific record keeping requirements for each eligible manufacturer (and any successor-in-interest to such a manufacturer) under paragraph (3) of section 4002(c) of the Wool Suit and Textile Trade Extension Act of 2004 (Public Law 108-429; 118 Stat. 2600), as amended by section 1633(c) of the Miscellaneous Trade and Technical Corrections Act of 2006 (Public Law 109-280; 120 Stat. 1166) and section 325(b) of the Tax Extenders and Alternative Minimum Tax Relief Act of 2008 (division C of Public Law 110-343; 122 Stat. 3875). Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. The program is currently authorized through 2023. Method of awarding/releasing assistance: Lump. None/Not specified. Curt Alt
1400 Independence Ave SW
Washington, DC 20250 US
curt.alt@usda.gov
Phone: 2026904784 http://www.fas.usda.gov 12-5636-0-2-351 (Direct Payments with Unrestricted Use) FY 22$30,000,000.00; FY 23 est $30,000,000.00; FY 24 est $30,000,000.00; FY 21$30,000,000.00; FY 20$30,000,000.00; FY 19$30,000,000.00; FY 18$30,000,000.00; FY 17$30,000,000.00; FY 16$30,000,000.00; - Not applicable/available. Application information and details will be provided each year via the FAS website. Fiscal Year 2023 The Agriculture Wool Apparel Manufacturers Trust Fund makes mandated payments to certain domestic apparel manufacturers to reduce the injury resulting from tariffs on wool fabric that are higher than tariffs on certain apparel articles made of wool fabric.