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US SB1449

Bill

Status

Introduced

4/10/2025

Primary Sponsor

Gary Peters

Click for details

Origin

Senate

119th Congress

AI Summary

  • Reauthorizes the Trade Adjustment Assistance (TAA) program through December 31, 2031, extending it from its previous expiration date of June 30, 2021
  • Extends authorization of appropriations for TAA programs covering workers, firms, and farmers for fiscal years 2026 through 2032
  • Requires the Secretary of Labor to reconsider petitions filed between July 1, 2021, and the date of enactment that were previously denied, certifying workers who meet program requirements
  • Allows firms that did not file petitions during the program lapse (July 1, 2021 through enactment) to file within 90 days of enactment if they would have qualified during that period
  • Applies program provisions as they existed on June 30, 2021, with amendments made by this Act, to all new petitions filed after enactment

Legislative Description

Trade Adjustment Assistance Reauthorization Act of 2025

Foreign trade and international finance

Last Action

Read twice and referred to the Committee on Finance.

4/10/2025

Committee Referrals

Finance4/10/2025

Full Bill Text

No bill text available