To reauthorize the Trade Adjustment Assistance program through fiscal year 2003, and for other purposes.
Amends the Trade Act of 1974 to authorize appropriations to the Department of Labor for FY 1999 through 2003 for: (1) trade adjustment assistance to displaced workers and for firms; and (2) the North American Free Trade Agreement Transitional Adjustment Assistance Program.
Increases the total amount of payments for job training of displaced workers due to import competition to $30 million for the period October 1, 1998 through June 30, 1999.
Provides that a certification of eligibility to apply for trade adjustment assistance shall not cover a worker whose last total or partial separation from a firm occurred more than two years (currently, one year) before the date of a petition on which such certification was granted (effectively extending the time for filing the petition for worker assistance).
Referred to the Subcommittee on Trade.