Pima Agriculture Cotton Trust Fund

 

The Pima Agriculture Cotton Trust Fund was established to reduce the injury to domestic textile manufacturers resulting from U.S. import tariffs on cotton fabric that are higher than tariffs on certain apparel articles made of cotton fabric.

Active 10.615 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. 2101 Payments to reduce the injury to domestic textile manufacturers resulting from U.S. import tariffs on cotton fabric that are higher than tariffs on certain apparel articles made of cotton fabric. Beneficiaries limited to: one or more nationally recognized associations established for the promotion of pima cotton in apparel; yarn spinners of pima cotton that produce ring spun cotton yarns in the United States, and manufacturers who cut and sew cotton shirts in the United States who certify that they used imported cotton fabric in the preceding year. Per Section 12314 of the Agricultural Act of 2014 eligible claimants must file notarized affidavits as specified under subsection (c) for yarn spinners and subsection (d) for manufacturers who cut and sew cotton shirts. Additionally, these affidavits must be filed by the deadlines specified under subsection (e) in order to be eligible for payment. Section 12602 of the Agriculture Improvement Act of 2018 reauthorized and extended the Pima Agriculture trust Fund thorough 2023. 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 15th each year. Details of application process can be found at www.fas.usda.gov. Per Section 12314 of the Agricultural Act of 2014 and reauthorized by Section 12602 of the Agriculture Improvement Act of 2018, eligible claimants must file notarized affidavits as specified under subsection (c) for yarn spinners and subsection (d) for manufacturers who cut and sew cotton shirts. Additionally, these affidavits must be filed by the deadlines specified under subsection (e) in order to be eligible for payment. Once eligibility has been established USDA will disburse payment to the claimant. Applications must be received not later than March 15. From 15 to 30 days. Per Section 12314 of the Agricultural Act of 2014 and reauthorized by Section 12602 of the Agriculture Improvement Act of 2018, any eligible person who provides an affidavit under this program must file not later than March 15 of each year. 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. Yarn Spinners must maintain supporting documentation showing the quantity of such yarns produced, and evidencing the yarns as ring spun cotton yarns, measuring less than 83.33 decitex (exceeding 120 metric number), in single and plied form during the preceding calendar year. Shirting manufacturers must maintain invoices along with other supporting documentation (such as price lists and other technical descriptions of the imported fabric qualities) showing the dollar value of such fabric purchased, the date of purchase, and evidencing the fabric as woven cotton fabric of 80s or higher count and 2-ply in warp. 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 12-5635-0-2-351 (Direct Payments with Unrestricted Use) FY 22$16,000,000.00; FY 23 est $16,000,000.00; FY 24 est $16,000,000.00; FY 21$16,000,000.00; FY 20$16,000,000.00; FY 19$16,000,000.00; FY 18$16,000,000.00; FY 17$16,000,000.00; FY 16$16,000,000.00; - Not applicable/available. Application information will be provided annually via the FAS website. Fiscal Year 2023 The Pima Agriculture Cotton Trust Fund makes mandated payments to certain domestic textile manufacturers to reduce the injury resulting from U.S. import tariffs on cotton fabric that are higher than tariffs on certain apparel articles made of cotton fabric.