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CED-77-51 1 (1977-03-04)

handle is hein.gao/gaobaabyg0001 and id is 1 raw text is: 00594 - [A0891619D Assistance to Nonrubber Shoe Firms. CED-77-51; B-179342. March 4, 1977. Released March 7, 1977. 49 pp. Report to Rep. James A. Burke; by Robert F. Keller, Acting Comptroller General. Issue Area: Education, Training, and Employment Programs: Programs for Specific Target Groups (1108); Domestic Housing and Community Development (2100). Contact: Community and Economic Development Div. Budget Function: Communit7 and Regional Development: Area and Regional Development (452). Organization Concerned: Economic Development Administration; Department of Commerce. Congressional Relevance: Rep. James A. Burke. Authority: Trade Act of 1974 (P.L. 93-t,18). National Environmental Policy Act of 1969 (42 U.S.C. 4321). Trade Expansion Act of 1962. The Trade Adjustment Assistance Program was set up to provide loans and technical assistance to help firms, hurt by increased imports of their products, to retool to make new or different products and to keep from going out of business. Assistance provided to the nonrubber footwear industry under this program was investigated. Findings/Conclusions: A few administrative problems may hrve kept some ncnrukber shoe firbs from getting loans as quickly as possible. Although the Department of 1:ommerce first thought that more than 200 nonruber shoe firms might apply for assistance, only 25 firms petitioned and 16 were certified. About $3.3 million in loans was authorized to four of these firms, and technical assistance costing about $230,000 was provided to one fire and the footwear industries association. The most prevalent reason given by nonpetitioninq firms for not applying was that they did not need assistance. The certification and applicaticr requirements of the Trade Adjustment Assistance Program, with few exceptions, were reasonable and consonant with the Tr:ade Act of 1974 and other legislation. Recommendations: Administrative delays in processing both petitions and/or applications should be corrected. The Economic Development Administraticn should provide minimal assistance to some firms in preparing their applications for assistance. (Author/SC)

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