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(2) REPORTING.—Subsection (d) of section 
6049 of such Code (relating to returns regarding 
payments of interest) is amended by adding at the 
end the following new paragraph: 
‘‘(9) REPORTING
OF
CREDIT
ON
QUALIFIED 
TAX CREDIT BONDS.— 
‘‘(A) IN GENERAL.—For purposes of sub-
section (a), the term ‘interest’ includes amounts 
includible in gross income under section 54A 
and such amounts shall be treated as paid on 
the credit allowance date (as defined in section 
54A(e)(1)). 
‘‘(B) 
REPORTING
TO
CORPORATIONS, 
ETC.—Except as otherwise provided in regula-
tions, in the case of any interest described in 
subparagraph (A) of this paragraph, subsection 
(b)(4) of this section shall be applied without 
regard to subparagraphs (A), (H), (I), (J), (K), 
and (L)(i). 
‘‘(C) REGULATORY AUTHORITY.—The Sec-
retary may prescribe such regulations as are 
necessary or appropriate to carry out the pur-
poses of this paragraph, including regulations 
which require more frequent or more detailed 
reporting.’’. 
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HR 3920 RFS
(3) OTHER
CONFORMING
AMENDMENTS
RE-
LATED TO TAX CREDIT BONDS.— 
(A) Sections 54(c)(2) and 1400N(l)(3)(B) 
of such Code are each amended by striking 
‘‘subpart C’’ and inserting ‘‘subparts C and I’’. 
(B) Section 1397E(c)(2) of such Code is 
amended by striking ‘‘subpart H’’ and inserting 
‘‘subparts H and I’’. 
(C) Section 6401(b)(1) of such Code is 
amended by striking ‘‘and H’’ and inserting 
‘‘H, and I’’. 
(D) The heading of subpart H of part IV 
of subchapter A of chapter 1 of such Code is 
amended by striking ‘‘Certain Bonds’’ and 
inserting 
‘‘Clean 
Renewable 
Energy 
Bonds’’. 
(E) The table of subparts for part IV of 
subchapter A of chapter 1 of such Code is 
amended by striking the item relating to sub-
part H and inserting the following new items: 
‘‘SUBPART H—NONREFUNDABLE CREDIT TO HOLDERS OF CLEAN RENEWABLE 
ENERGY BONDS 
‘‘SUBPART I—QUALIFIED TAX CREDIT BONDS’’. 
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HR 3920 RFS
(d) CLERICAL AMENDMENT.—The table of parts for 
subchapter Y of chapter 1 of such Code is amended by 
adding at the end the following new item: 
‘‘PART III—MANUFACTURING REDEVELOPMENT BONDS’’. 
(e) EFFECTIVE DATE.— 
(1) IN
GENERAL.—Except as otherwise pro-
vided in this subsection, the amendments made by 
this section shall apply to taxable years ending after 
the date of the enactment of this Act. 
(2) BOND PROVISIONS.—Sections 1400U–3 and 
1400U–4 of the Internal Revenue Code of 1986 (as 
added by subsection (a)), and the amendments made 
by subsection (c), shall apply to obligations issued 
after the date of the enactment of this Act. 
(3) WORK
OPPORTUNITY
TAX
CREDIT.—The 
amendments made by subsection (b) shall apply to 
individuals who begin work for the employer after 
the date of the enactment of this Act. 
SEC. 502. DELAY IN APPLICATION OF WORLDWIDE INTER-
EST ALLOCATION. 
(a) IN GENERAL.—Paragraphs (5)(D) and (6) of sec-
tion 864(f) of the Internal Revenue Code of 1986 are each 
amended by striking ‘‘December 31, 2008’’ and inserting 
‘‘December 31, 2011’’. 
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(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2008. 
TITLE 
VI—WORKER 
ADJUST-
MENT AND RETRAINING NO-
TIFICATION 
SEC. 601. SHORT TITLE. 
This title may be cited as the ‘‘Early Warning and 
Health Care for Workers Affected by Globalization Act’’. 
SEC. 602. AMENDMENTS TO THE WARN ACT. 
(a) DEFINITIONS.— 
(1) EMPLOYER, PLANT
CLOSING, AND
MASS 
LAYOFF.—Paragraphs (1) through (3) of section 
2(a) of the Worker Adjustment and Retraining Noti-
fication Act (29 U.S.C. 2101(a)(1)–(3)) are amend-
ed to read as follows: 
‘‘(1) the term ‘employer’ means any business 
enterprise that employs 100 or more employees; 
‘‘(2) the term ‘plant closing’ means the perma-
nent or temporary shutdown of a single site of em-
ployment, or of one or more facilities or operating 
units within a single site of employment, which re-
sults in an employment loss at such site, during any 
30-day period, for 50 or more employees; 
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HR 3920 RFS
‘‘(3) the term ‘mass layoff’ means a reduction 
in force at a single site of employment which results 
in an employment loss at such site, during any 30- 
day period, for 50 or more employees.’’. 
(2) SECRETARY OF LABOR.— 
(A) DEFINITION.—Paragraph (8) of such 
section is amended to read as follows: 
‘‘(8) the term ‘Secretary’ means the Secretary 
of Labor or a representative of the Secretary of 
Labor.’’. 
(B) REGULATIONS.—Section 8(a) of such 
Act (29 U.S.C. 2107(a)) is amended by striking 
‘‘of Labor’’. 
(3) CONFORMING AMENDMENTS.— 
(A) NOTICE.—Section 3(d) of such Act (29 
U.S.C. 2102(d)) is amended by striking out ‘‘, 
each of which is less than the minimum number 
of employees specified in section 2(a)(2) or (3) 
but which in the aggregate exceed that min-
imum number,’’ and inserting ‘‘which in the ag-
gregate exceed the minimum number of employ-
ees specified in section 2(a)(2) or (3)’’. 
(B) DEFINITIONS.—Section 2(b)(1) of 
such Act (29 U.S.C. 2101(b)(1)) is amended by 
striking ‘‘(other than a part-time employee)’’. 
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(b) NOTICE.— 
(1) NOTICE PERIOD.— 
(A) IN GENERAL.—Section 3 of the Work-
er Adjustment and Retraining Notification Act 
(29 U.S.C. 2102) is amended by striking ‘‘60- 
day period’’ and inserting ‘‘90-day period’’ each 
place it appears. 
(B) CONFORMING
AMENDMENT.—Section 
5(a)(1) of such Act (29 U.S.C. 2104(a)(1)) is 
amended in the matter following subparagraph 
(B), by striking ‘‘60 days’’ and inserting ‘‘90 
days’’. 
(2) RECIPIENTS.—Section 3(a) of such Act (29 
U.S.C. 2102(a)) is amended— 
(A) in paragraph (1), by striking ‘‘or, if 
there is no such representative at that time, to 
each affected employee; and’’ and inserting 
‘‘and to each affected employee;’’; and 
(B) by redesignating paragraph (2) as 
paragraph (3) and inserting after paragraph 
(1) the following: 
‘‘(2) to the Secretary; and’’. 
(3) INFORMATION REGARDING BENEFITS AND 
SERVICES AVAILABLE TO WORKERS AND DOL NO-
TICE
TO
CONGRESS.—Section 3 of such Act (29 
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