Trade Adjustment Assistance for Farmers Act
Requires the International Trade Commission to notify the Secretary immediately whenever it begins an investigation into whether an agricultural commodity is being imported into the United States in such increased quantities as to be a substantial cause or threat of serious injury to a domestic industry producing an agricultural commodity like or directly competitive with the imported agricultural commodity. Requires the Secretary, upon such notification, to study and report to the President and the public on: (1) the number of agricultural commodity producers who have been or are likely to be certified as eligible for trade adjustment assistance; and (2) the extent to which the adjustment of such producers to the import competition may be facilitated through the use of existing programs.
Directs the Secretary to provide agricultural commodity producers with information about trade adjustment assistance petition and application procedures, benefit allowances, training, and other employment services.
Sets forth certain eligibility requirements for the payment of trade adjustment assistance to adversely affected agricultural commodity producers. Limits to $10,000 the maximum annual amount of cash benefits a producer may receive.
Provides for the repayment and recovery of overpayments of trade adjustment assistance made to such producers due to fraud. Sets forth penalties.
Authorizes appropriations.
Read twice and referred to the Committee on Finance.