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Public Law 111–5 111th Congress An Act - Loan Programs Office

Public Law 111–5 111th Congress An Act - Loan Programs Office

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123 STAT. 396 PUBLIC LAW <strong>111–5</strong>—FEB. 17, 2009<br />

PART II—TRADE ADJUSTMENT ASSISTANCE<br />

FOR FIRMS<br />

SEC. 1861. EXPANSION TO SERVICE SECTOR FIRMS.<br />

(a) IN GENERAL.—Section 251 of the Trade <strong>Act</strong> of 1974 (19<br />

U.S.C. 2341) is amended by inserting ‘‘or service sector firm’’ after<br />

‘‘agricultural firm’’ each place it appears.<br />

(b) DEFINITION OF SERVICE SECTOR FIRM.—Section 261 of the<br />

Trade <strong>Act</strong> of 1974 (19 U.S.C. 2351) is amended—<br />

(1) by striking ‘‘chapter,’’ and inserting ‘‘chapter:’’;<br />

(2) by striking ‘‘the term ‘firm’ ’’ and inserting the following:<br />

‘‘(1) FIRM.—The term ‘firm’ ’’; and<br />

(3) by adding at the end the following:<br />

‘‘(2) SERVICE SECTOR FIRM.—The term ‘service sector firm’<br />

means a firm engaged in the business of supplying services.’’.<br />

(c) CONFORMING AMENDMENTS.—<br />

(1) Section 251(c)(1)(C) of the Trade <strong>Act</strong> of 1974 (19 U.S.C.<br />

2341(c)(1)(C)) is amended—<br />

(A) by inserting ‘‘or services’’ after ‘‘articles’’ the first<br />

place it appears; and<br />

(B) by inserting ‘‘or services which are supplied’’ after<br />

‘‘produced’’.<br />

(2) Section 251(c)(2)(B)(ii) of such <strong>Act</strong> is amended to read<br />

as follows:<br />

‘‘(ii) <strong>An</strong>y firm that engages in exploration or drilling for<br />

oil or natural gas, or otherwise produces oil or natural gas,<br />

shall be considered to be producing articles directly competitive<br />

with imports of oil and with imports of natural gas.’’.<br />

SEC. 1862. MODIFICATION OF REQUIREMENTS FOR CERTIFICATION.<br />

Section 251(c)(1)(B) of the Trade <strong>Act</strong> of 1974 (19 U.S.C.<br />

2341(c)(1)(B)) is amended to read as follows:<br />

‘‘(B) that—<br />

‘‘(i) sales or production, or both, of the firm have<br />

decreased absolutely,<br />

‘‘(ii) sales or production, or both, of an article or service<br />

that accounted for not less than 25 percent of the total<br />

sales or production of the firm during the 12-month period<br />

preceding the most recent 12-month period for which date<br />

are available have decreased absolutely,<br />

‘‘(iii) sales or production, or both, of the firm during<br />

the most recent 12-month period for which data are available<br />

have decreased compared to—<br />

‘‘(I) the average annual sales or production for<br />

the firm during the 24-month period preceding that<br />

12-month period, or<br />

‘‘(II) the average annual sales or production for<br />

the firm during the 36-month period preceding that<br />

12-month period, and<br />

‘‘(iv) sales or production, or both, of an article or service<br />

that accounted for not less than 25 percent of the total<br />

sales or production of the firm during the most recent<br />

12-month period for which data are available have<br />

decreased compared to—<br />

‘‘(I) the average annual sales or production for<br />

the article or service during the 24-month period preceding<br />

that 12-month period, or<br />

VerDate Nov 24 2008 10:59 Mar 09, 2009 Jkt 079139 PO 00005 Frm 00282 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL005.111 APPS06 PsN: PUBL005

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