Bill > HR4276

This bill would make the following key changes: Trade Adjustment Assistance (TAA) for Workers: - Expands eligibility for TAA to include staffed workers and teleworkers. - Extends the authorization for the TAA program through 2030. - Increases funding for TAA training from $450 million to $1 billion per year. - Extends the Reemployment TAA program through 2030. - Extends TAA benefits to public agency workers. - Provides additional funding and requirements for outreach and assistance to workers from underserved communities. Trade Adjustment Assistance for Firms: - Modifies the eligibility criteria for firm certification. - Increases the maximum amount of TAA for firms from $300,000 to $360,000, adjusted for inflation. - Requires the Secretary of Commerce to develop a plan for sustained outreach to potentially eligible firms. Trade Adjustment Assistance for Communities: - Establishes a new TAA program for communities impacted by trade. - Provides grants to eligible communities to develop strategic plans and implement economic adjustment projects. - Requires coordination of the federal response and additional technical assistance for eligible communities. Trade Adjustment Assistance for Farmers: - Modifies the eligibility criteria for agricultural commodity producers. - Increases the maximum amount of TAA benefits for farmers from $12,000 to $36,000, adjusted for inflation. Generalized System of Preferences (GSP): - Extends the GSP program until 2026. - Adds new criteria for the designation and review of beneficiary developing countries, including on internationally recognized worker rights and environmental obligations. - Requires an assessment and report on compliance with GSP eligibility requirements. The bill also reauthorizes the American Manufacturing Competitiveness Act of 2016 and makes other changes to trade-related tariff provisions.

Budget and Finance, Business and Industry

https://www.congress.gov/bill/118th-congress/house-bill/4276/all-info