Sec. 112. Reemployment trade adjustment assistance program
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Section 246(a) of the Trade Act of 1974 ( 19 U.S.C. 2318(a) ) is amended— in paragraph (3)(B)(ii), by striking $50,000 and inserting $70,000 (subject to adjustment under paragraph (8)) ; in paragraph (4)(A), by striking the earlier of and all that follows and inserting the date on which the worker obtains reemployment described in paragraph (3)(B). ; in paragraph (5)(B)(i), by striking $10,000 and inserting $20,000 (subject to adjustment under paragraph (8)) ; and by adding at the end the following:
The Secretary of Labor shall adjust the salary limitation under paragraph (3)(B)(ii) and the amount under paragraph (5)(B)(i) on October 1, 2021, and at the beginning of each fiscal year thereafter, to reflect the percentage (if any) of the increase in the average of the Consumer Price Index for the preceding 12-month period compared to the Consumer Price Index for fiscal year 2020. In making an adjustment under subparagraph (A), the Secretary— shall round the amount of any increase in the Consumer Price Index to the nearest dollar; and may ignore any such increase of less than 1 percent.
For purposes of this paragraph, the term Consumer Price Index means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor. .
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Sec. 112
Reemployment trade adjustment assistance program
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