II 109th CONGRESS 1st Session S. 1308 IN THE SENATE OF THE UNITED STATES June 23, 2005 Mr. Baucus introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To establish an Office of Trade Adjustment Assistance, and for other purposes.

1.

Short title

This Act may be cited as the Trade Adjustment Assistance for Firms Reorganization Act.

2.

Office of Trade Adjustment Assistance

(a)

In general

Chapter 3 of title II of the Trade Act of 1974 (19 U.S.C. 2341 et seq.) is amended by inserting after section 255 the following new section:

255A.

Office of Trade Adjustment Assistance

(a)

Establishment

Not later than 90 days after the date of enactment of the Trade Adjustment Assistance for Firms Reorganization Act, there shall be established in the International Trade Administration of the Department of Commerce an Office of Trade Adjustment Assistance. (b)

Personnel

The Office shall be headed by a Director, and shall have such staff as may be necessary to carry out the responsibilities of the Secretary of Commerce described in this chapter. (c)

Functions

The Office shall assist the Secretary of Commerce in carrying out the Secretary’s responsibilities under this chapter.

. (b)

Conforming amendment

The table of contents for the Trade Act of 1974 is amended by inserting after the item relating to section 255, the following new item: Sec. 255A. Office of Trade Adjustment Assistance. .

3.

Authorization of appropriations

Section 256(b) of the Trade Act of 1974 (19 U.S.C. 2346(b)) is amended by striking 2007 and inserting 2012.