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Trade Adjustment Assistance Reauthorization Act of 2025

Bill Number
S. 1449
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Foreign Trade and International Finance
Status
Introduced
Latest Action
2025-04-10: Read twice and referred to the Committee on Finance.
Last Updated
2025-09-05T11:03:18Z

AI-Generated Summary

Purpose

The Trade Adjustment Assistance Reauthorization Act of 2025 aims to extend and revive the Trade Adjustment Assistance (TAA) program under the Trade Act of 1974. This program provides support to workers, businesses (firms), and farmers harmed by increased imports or shifts in production due to trade agreements, helping them adjust through benefits like job training, financial aid, and technical assistance.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Peters, Gary C. [D-MI]

Cosponsors (13)

Sen. Fetterman, John [D-PA], Sen. Baldwin, Tammy [D-WI], Sen. Wyden, Ron [D-OR], Sen. Klobuchar, Amy [D-MN], Sen. Smith, Tina [D-MN], Sen. Reed, Jack [D-RI], Sen. Warren, Elizabeth [D-MA], Sen. Sanders, Bernard [I-VT], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Schumer, Charles E. [D-NY], Sen. Markey, Edward J. [D-MA], Sen. Gallego, Ruben [D-AZ], Sen. Blumenthal, Richard [D-CT]

Recent Actions

Bill Versions