H.R.6517 - Omnibus Trade Act of 2010
To extend trade adjustment assistance and certain trade preference programs, to amend the Harmonized Tariff Schedule of the United States to modify temporarily certain rates of duty, and for other purposes. view all titles (3)
All Bill Titles
- Short: Omnibus Trade Act of 2010 as introduced.
- Official: To extend trade adjustment assistance and certain trade preference programs, to amend the Harmonized Tariff Schedule of the United States to modify temporarily certain rates of duty, and for other purposes. as introduced.
- Short: Omnibus Trade Act of 2010 as passed senate.
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Official Summary12/13/2010--Introduced.Omnibus Trade Act of 2010 - Amends the Trade and Globalization Adjustment Assistance Act of 2009 to extend trade adjustment assistance (TAA) programs until July 1, 2012. Extends TAA for firms and farmers through June 30, 2013. Amends the Internal Revenue Code (IRC) t
Official Summary12/13/2010--Introduced.Omnibus Trade Act of 2010 - Amends the Trade and Globalization Adjustment Assistance Act of 2009 to extend trade adjustment assistance (TAA) programs until July 1, 2012. Extends TAA for firms and farmers through June 30, 2013. Amends the Internal Revenue Code (IRC) to extend the 80% tax credit for health insurance costs (including advance payments) for TAA recipients for eligible coverage months beginning before July 1, 2012. Makes TAA recipients who are not enrolled in a training program, or who are receiving unemployment compensation, eligible for such tax credit for the period between enactment of this Act and July 1, 2012. Amends the IRC, the Employee Retirement Income Security Act of 1974 (ERISA), and the Public Health Service Act (PHSA) to extend until July 1, 2012, the TAA pre-certification period rule disregarding any 63-day lapse in creditable health care coverage for TAA workers. Extends the continued eligibility for the credit for qualifying family members and certain qualified TAA-eligible individuals and Pension Benefit Guaranty Corporation (PBGC) recipients for COBRA premium assistance through June 30, 2012. Extends until July 1, 2012, coverage under an employee benefit plan funded by a voluntary employees' beneficiary association established pursuant to an order of a bankruptcy court, or by agreement with an authorized representative. Amends the Trade Act of 1974 to expand the TAA grant program for community college and career training to include individuals who are, or are likely to become, eligible for unemployment compensation or who remain unemployed after exhausting their unemployment benefits. Extends duty-free treatment under the Generalized System of Preferences through June 30, 2012. Amends the Andean Trade Preference Act (ATPA), as amended and expanded by Andean Trade Promotion and Drug Eradication Act (ATPDEA), to extend duty-free treatment or other preferential treatment of the products of Colombia and Ecuador through June 30, 2012. Extends through FY2012 preferential treatment for apparel articles assembled in one or more ATPDEA beneficiary countries from regional fabrics or regional components, and specified other type apparel (brassieres). Amends the Harmonized Tariff Schedule of the United States to provide for duty suspensions and reductions through December 31, 2012, for specified chemicals and other products. Imposes and increases and/or decreases the duty on certain chemicals and other products through December 31, 2012. Extends the existing duty suspensions on certain cotton shirting fabrics. Amends the Tax Relief and Health Care Act of 2006 to extend the Pima Cotton Trust Fund through December 31, 2013. Amends the Miscellaneous Trade and Technical Corrections Act of 2004 to require the Secretary of the Treasury (Secretary, unless otherwise noted) to transfer from the Treasury to the Wool Apparel Manufacturers Trust Fund certain amounts sufficient to restore specified payment levels from the Trust Fund for 2010. Directs the U.S. Customs and Border Protection (CBP) to provide for:
(1) the liquidation or reliquidation (refund of duties) on certain entries of orange juice from Brazil during the periods August 24, 2005-February 28, 2007, and March 1, 2007-February 29, 2008; and
(2) the reliquidation of, and the refund of collected excess antidumping duties (including interest) to the importer of record on certain entries of industrial nitrocellulose from the United Kingdom. Prohibits the Secretary of Homeland Security (DHS), or any other person, from requiring repayment of, or attempting to recoup, duties that were distributed pursuant to the Continued Dumping and Subsidy Offset Act of 2000 in an attempt to offset any amount to be refunded.
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