Bill > S2964

This bill, titled the Trade Adjustment Assistance Act of 2014, extends and modifies the Trade Adjustment Assistance (TAA) program, which provides support to workers, firms, and communities negatively impacted by foreign trade. Key provisions include extending the program's termination date from 2013 to 2020, increasing funding for training and reemployment assistance, and expanding eligibility to include workers in public agencies. The bill also adjusts limitations on trade readjustment allowances, increases job search and relocation allowances, and modifies the Reemployment Trade Adjustment Assistance Program. Furthermore, it extends and modifies the Health Coverage Tax Credit, ensuring that individuals receiving TAA benefits can continue to access health insurance and potentially receive a higher tax credit for their coverage. The bill also addresses how TAA pre-certification affects health coverage continuity and extends COBRA (Consolidated Omnibus Budget Reconciliation Act) benefits for certain TAA-eligible individuals and Pension Benefit Guaranty Corporation (PBGC) recipients.