John J. Topoleski
Analyst in Income Security
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, or TRA) for a maximum of 156 weeks. Some workers age 50 or older are eligible to receive Reemployment Trade Adjustment Assistance (RTAA), a wage supplement program. Both TAA- and RTAAeligible 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 (ARRA; P.L. 111-5), which was signed into law by President Barack Obama on February 17, 2009. The changes made by ARRA were to expire on December 31, 2010. H.R. 6517, the Omnibus Trade Act of 2010, extended the changes made by ARRA though February 12, 2011. H.R. 6517 passed the House and the Senate on December 22, 2010.
Date of Report: January 7, 2011
Number of Pages: 12
Order Number: RS22718
Price: $29.95
Follow us on TWITTER at http://www.twitter.com/alertsPHP or #CRSreports
Document available via e-mail as a pdf file or in paper form.
To order, e-mail Penny Hill Press or call us at 301-253-0881. Provide a Visa, MasterCard, American Express, or Discover card number, expiration date, and name on the card. Indicate whether you want e-mail or postal delivery. Phone orders are preferred and receive priority processing.
Analyst in Income Security
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, or TRA) for a maximum of 156 weeks. Some workers age 50 or older are eligible to receive Reemployment Trade Adjustment Assistance (RTAA), a wage supplement program. Both TAA- and RTAAeligible 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 (ARRA; P.L. 111-5), which was signed into law by President Barack Obama on February 17, 2009. The changes made by ARRA were to expire on December 31, 2010. H.R. 6517, the Omnibus Trade Act of 2010, extended the changes made by ARRA though February 12, 2011. H.R. 6517 passed the House and the Senate on December 22, 2010.
Date of Report: January 7, 2011
Number of Pages: 12
Order Number: RS22718
Price: $29.95
Follow us on TWITTER at http://www.twitter.com/alertsPHP or #CRSreports
Document available via e-mail as a pdf file or in paper form.
To order, e-mail Penny Hill Press or call us at 301-253-0881. Provide a Visa, MasterCard, American Express, or Discover card number, expiration date, and name on the card. Indicate whether you want e-mail or postal delivery. Phone orders are preferred and receive priority processing.
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