Summary
On October 21, 2011, Congress enacted and the president signed the Trade Adjustment Assistance Extension Act of 2011 (TAAEA, P.L. 112-40), which restores the expanded certification criteria, benefits, and services provided under the Trade and Globalization Adjustment Assistance Act of 2009 (TGAAA, P.L. 111-5). TAAEA also sets up a new funding structure and increases the funding cap for the Trade Adjustment Assistance (TAA) program through December 31, 2013.
This Issue Brief outlines the funding changes and new provisions for TAA included in P.L. 112-40.