Trade Adjustment Assistance Reform Act

Summary

Trade Adjustment Assistance Reform Act - Amends the Trade Act of 1974 to repeal group eligibility requirements for trade adjustment assistance (TAA) that: (1) the country to which the workers' firm has shifted production of the articles be a party to a free trade agreement with the United States; or (2) such country be a beneficiary country under the Andean Trade Preference Act, African Growth and Opportunity Act, or the Caribbean Basin Economic Recovery Act. Requires the Secretary of Labor, with respect to textile and apparel workers, to make group eligibility determinations without regard to the sales, imports, and production factors of the group eligibility requirements. Requires funds provided to a state to cover the administrative costs associated with its TAA responsibilities to be sufficient to cover all costs associated with operating the program, including caseworker costs. Increases the amount of payments for training of adversely affected workers under the Act. Amends the Internal Revenue Code to increase the credit for health insurance costs of certain TAA and Pension Benefit Guaranty Corporation (PBGC) pension recipients. Requires the Secretaries of the Treasury and of Labor each to carry out compatible and coordinated programs to simplify the TAA and credit eligibility process.

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Timeline

1. 19 June 2007

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 19 June 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 19 June 2007 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 19 June 2007

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 19 June 2007

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 19 June 2007

  Open at official source

Sponsors

• Sen. Dole, Elizabeth [R-NC] · R · Sponsor
• Maria Cantwell · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Trade Adjustment Assistance Reform Act