Sec. 203. Technical assistance
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Section 253 of the Trade Act of 1974 ( 19 U.S.C. 2343 ) is amended— in subsection (a)(3), by adding at the end before the period the following: , including assistance to provide skills training programs to employees of the firm ; and by adding at the end the following: A firm may receive technical assistance under this chapter with respect to the firm’s economic adjustment proposal in an amount not to exceed $300,000, subject to adjustment under paragraph (2). The Secretary of Commerce shall adjust the technical assistance limitation under paragraph
(1)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. 203
Technical assistance
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