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CONGRESS MAKES CHANGES TO The American Recovery and Reinvestment Act of 2009 passed by the U.S. Congress and signed into law included provisions to expand the Trade Adjustment Assistance for Firms program at the U.S. Department of Commerce. In addition to technical changes to eligibility criteria for the review of Petitions for Eligibility, the legislation expanded the potential pool of clients significantly by allowing “service” industry firms the opportunity to apply for TAA. The decision to allow service firms to become eligible for TAA was based on the fact that 80 percent of U.S. workers are employed in the service sector. Additionally, the expansion allows for some flexibility in collecting data to demonstrate import impaction by allowing a petitioner to utilize customer import information if it accounts for a significant percentage of the decline of the firm’s sales or production. Similar changes were also made to the TAA for Workers program at the U.S. Department of Labor. Changes to the existing program take effect on May 17, 2009. Look to this web site for updates soon. If you have specific questions about these changes or any other issue, please contact the nearest TAAC in your region. Please click on the link to H.R. 1, the American Recovery and Reinvestment Act of 2009, to view details of the TAAF changes. Go to page 282. |
Trade Adjustment Assistance for Firms (TAA), a federal program, provides financial assistance to manufacturers affected by import competition. Sponsored by the U.S. Department of Commerce, this cost sharing federal assistance program pays for half the cost of consultants or industry-specific experts for projects that improve a manufacturer's competitiveness.
Discover how manufacturers, or those that work with manufacturers, can benefit from the matching funds available through this unique federal assistance program.
Contact your regional center to learn more about this business assistance opportunity.
View a complete list of all TAA Center locations.
Get answers to the most common questions about Trade Adjustment Assistance.
Examine dramatic results from participating manufacturers that have used this financial assistance to improve competitiveness against imports.
Find out how manufacturing firms become eligible for this straightforward Department of Commerce program.
This government program is regionally managed by a network of eleven not-for-profit organizations across the country.
Explore other resources available to manufacturing firms and those that assist manufacturers.
See how we can provide substantial financial assistance to defray the
cost of projects aimed at strengthening operations and sharpening competitiveness
for manufacturers in a variety of industries.
This customized business assistance is used for a wide range of initiatives,
including marketing, information
technology, manufacturing,
engineering, and quality.
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