HR 4341 EH110th CONGRESS1stRFS
110th CONGRESS
2d
Session
H. R. 4341
IN THE SENATE OF THE UNITED STATES
December 11, 2007
Received
January 22 (legislative day, January 3), 2008
Read twice and referred to the Committee on Finance
AN ACT
To extend the trade adjustment assistance program under the Trade Act of 1974 for 3 months.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. TEMPORARY EXTENSION OF TRADE ADJUSTMENT ASSISTANCE PROGRAM.
(a) Assistance for Workers- Section 245(a) of the Trade Act of 1974 (19 U.S.C. 2317(a)) is amended by striking `December 31, 2007' and inserting `March 31, 2008'.
(b) Assistance for Firms- Section 256(b) of the Trade Act of 1974 (19 U.S.C. 2346(b)) is amended--
(1) by striking `and $4,000,000' and inserting `$4,000,000'; and
(2) by inserting after `October 1, 2007,' the following: `and $4,000,000 for the 3-month period beginning on January 1, 2008,'.
(c) Assistance for Farmers- Section 298(a) of the Trade Act of 1974 (19 U.S.C. 2401g(a)) is amended--
(1) by striking `, and there are authorized' and inserting `. There are authorized'; and
(2) by adding at the end the following: `There are authorized to be appropriated and there are appropriated to the Department of Agriculture to carry out this chapter $9,000,000 for the 3-month period beginning on January 1, 2008.'.
(d) Extension of Termination Dates- Section 285 of the Trade Act of 1974 (19 U.S.C. 2271 note) is amended by striking `December 31, 2007' each place it appears and inserting `March 31, 2008'.
(e) Effective Date- The amendments made by subsections (a) through (d) shall be effective as of January 1, 2008.
SEC. 2. OFFSETS.
(a) Time for Payment of Corporate Estimated Taxes- The percentage under subparagraph (B) of section 401(1) of the Tax Increase Prevention and Reconciliation Act of 2005 in effect on the date of the enactment of this Act is increased by 0.25 percentage points.
(b) Customs User Fees- Section 13031(j)(3)(B)(i) of the Consolidated Omnibus Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)(B)(i)) is amended by striking `December 13, 2014' and inserting `December 20, 2014'.
Passed the House of Representatives December 11, 2007.
Attest:
Clerk.110th CONGRESS1st SessionH. R. 4341AN ACTTo extend the trade adjustment assistance program under the Trade Act of 1974 for 3 months
LORRAINE C. MILLER,
Clerk.