Trade Adjustment Assistance for Workers: Expanded Benefits and Support
This act expands and improves the Trade Adjustment Assistance program for workers who lose their jobs due to international trade shifts. It broadens eligibility, extends benefit periods, and enhances training quality to help individuals find new employment. It also modifies mass layoff notification requirements and makes a health care tax credit permanent.
Key points
Easier access to support: More workers, including remote and agency-staffed employees, can qualify for assistance if their jobs are affected by trade.
Extended benefits and improved training: Workers can receive financial support for longer periods during training, and training programs will be better aligned with job market needs.
Community support: Local governments will be notified of large layoffs and receive priority access to federal economic development grants.
Enhanced layoff notifications: Employers must include information on available worker assistance in layoff notices, and states will automatically file for assistance.
Permanent healthcare tax credit: The tax credit for health insurance costs for eligible individuals becomes permanent and is increased to 80%.
Expired
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