Sec. 101201. Petitions and determinations
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Section 251 of the Trade Act of 1974 ( 19 U.S.C. 2341 ) is amended— in the second sentence of subsection (a), by striking Upon and inserting Not later than 15 days after ; by amending subsection
(c)to read as follows: The Secretary shall certify a firm (including any agricultural firm or service sector firm) as eligible to apply for adjustment assistance under this chapter if the Secretary determines— that a significant number or proportion of the workers in such firm have become totally or partially separated, or are threatened to become totally or partially separated, or that— sales or production, or both, of the firm have decreased absolutely or failed to increase, sales or production, or both, of an article or service that accounted for not less than 25 percent of the total sales or production of the firm during the 12-month period preceding the most recent 12-month period for which data are available have decreased absolutely or failed to increase, sales or production, or both, of the firm during the most recent 12-month period for which data are available have decreased or failed to increase compared to— the average annual sales or production for the firm during the 24-month period preceding that 12-month period, or the average annual sales or production for the firm during the 36-month period preceding that 12-month period, and sales or production, or both, of an article or service that accounted for not less than 25 percent of the total sales or production of the firm during the most recent 12-month period for which data are available have decreased or failed to increase compared to— the average annual sales or production for the article or service during the 24-month period preceding that 12-month period, or the average annual sales or production for the article or service during the 36-month period preceding that 12-month period, and increases of imports of articles or services like or directly competitive with articles which are produced or services which are supplied by such firm contributed to such total or partial separation, or threat thereof, or to such decline or failure to increase in sales or production, or decreases in exports of articles produced or services supplied by such firm, or imports of articles or services necessary for the production of articles or services supplied by such firm, contributed to such total or partial separation, or threat thereof, or to such decline in sales or production. For purposes of paragraph (1)(B): Any firm which engages in exploration or drilling for oil or natural gas shall be considered to be a firm producing oil or natural gas. Any firm that engages in exploration or drilling for oil or natural gas, or otherwise produces oil or natural gas, shall be considered to be producing articles directly competitive with imports of oil and with imports of natural gas. ; and in subsection (d)— by striking this section, and inserting this section. ; and by striking but in any event and all that follows and inserting the following: If the Secretary does not make a determination with respect to a petition within 55 days after the date on which an investigation is initiated under subsection
(a)with respect to the petition, the Secretary shall be deemed to have certified the firm as eligible to apply for adjustment assistance under this chapter. .
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Sec. 101201
Petitions and determinations
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