Improved Access to Trade Adjustment Assistance Act

Bill: 117-hr-5258
Sponsor: full_name: Rep. Pascrell, Bill, Jr. [D-NJ-9]
Introduced: 2021-09-14
Policy area: Foreign Trade and International Finance
Latest action: action_date: 2021-09-14
text: Referred to the Subcommittee on Trade.

Summaries:
action_date: 2021-09-14
action_desc: Introduced in House
text: <p><b>Improved Access to Trade Adjustment Assistance Act</b></p> <p>This bill expands eligibility for trade adjustment assistance, which is federal aid provided to workers who lose their jobs or whose hours of work and wages are reduced as a result of increased imports.</p> <p>Specifically, the bill makes workers of a firm with sales or production that failed to increase or will decrease absolutely due to a scheduled or imminently anticipated, long-term decrease in or reallocation of the production capacity of the firm eligible for trade adjustment assistance. Currently, this assistance is only available if a firm's sales or production have decreased absolutely.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 5258 IN THE HOUSE OF REPRESENTATIVES September 14, 2021 Mr. Pascrell introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Trade Act of 1974 to modify the group eligibility requirements under trade adjustment assistance for workers program.

1. Short title This Act may be cited as the Improved Access to Trade Adjustment Assistance Act . 2. Modification of group eligibility requirements under trade adjustment assistance for workers program (a) In general Section 222(a)(2)(A)(i) of the Trade Act of 1974 ( 19 U.S.C. 2272(a)(2)(A)(i) ) is amended by adding at the end before the semicolon the following: , failed to increase, or will decrease absolutely due to a scheduled or imminently anticipated, long-term decrease in or reallocation of the production capacity of the firm . (b) Effective date The amendment made by subsection (a) applies with respect to petitions filed under section 221 of the Trade Act of 1974 ( 19 U.S.C. 2271 ) on or after the date of the enactment of this Act.