CERTIFICATION OF ADJUSTMENT PROPOSALS.

SEC. 311. CERTIFICATION OF ADJUSTMENT PROPOSALS. (a) A firm certified under section 302 as eligible to apply for adjustment assistance may, at any time within 2 years after the date of such certification, file an application with the Secretary of Commerce for adjustment assistance under this chapter. Within a reasonable time after filing its application, the firm shall present a proposal for its economic adjustment. (b) Adjustment assistance under this chapter consists of technical assistance, financial assistance, and tax assistance, which may be furnished singly or in combination. Except as provided in subsection (c), no adjustment assistance shall be provided to a firm under this chapter until its adjustment proposal shall have been certified by the Secretary of Commerce— (1) to be reasonably calculated materially to contribute to the economic adjustment of the firm, (2) to give adequate consideration to the interests of the workers of such firm adversely affected by actions taken in carrying out trade agreements, and (3) to demonstrate that the firm will make all reasonable efforts to use its own resources for economic development. (c) In order to assist a firm which has applied for adjustment assistance under this chapter in preparing a sound adjustment proposal, the Secretary of Commerce may furnish technical assistance to such firm prior to certification of its adjustment proposal. (d) Any certification made pursuant to this section shall remain in force only for such period as the Secretary of Commerce may prescribe.