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  8. Trade Adjustment Assistance for Workers (TAA) and Reemployment Trade Adjustment Assistance (RTAA)

Trade Adjustment Assistance for Workers (TAA) and Reemployment Trade Adjustment Assistance (RTAA)

File(s)
892AA269d01.pdf (245.08 KB)
Permanent Link(s)
https://hdl.handle.net/1813/78335
Collections
Federal Publications
Congressional Research Service (CRS) Reports and Issue Briefs
Author
Topoleski, John J.
Abstract

[Excerpt] Trade Adjustment Assistance for Workers (TAA) provides assistance to qualifying workers who lose their jobs directly due to increased imports or shifts in production out of the United States. Certified workers whose unemployment compensation has ended and who are in approved training may receive income support payments (Trade Readjustment Allowances (TRA)) for a maximum of 156 weeks. Some workers age 50 or older are eligible to receive Reemployment Trade Adjustment Assistance (RTAA), a wage insurance program. Both TAA- and RTAA-eligible workers can receive a Health Coverage Tax Credit (HCTC), which provides a refundable tax credit to offset 80% of the health insurance premiums of TAA- and RTAA- eligible workers. This report provides background on the programs, including a description of the eligibility for these programs and benefits available to participants. It also describes the main changes to the program with the reauthorization and expansion of TAA in the American Recovery and Reinvestment Act of 2009, (H.R. 1, which was signed into law by President Barack Obama on February 17, 2009). This report will be updated as legislative activity warrants.

Date Issued
2009-02-19
Keywords
Trade Adjustment Assistance for Workers
•
TAA
•
Reemployment Trade Adjustment Assistance
•
RTAA
•
public policy
•
Health Coverage Tax Credit
•
HCTC
Type
government record

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