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American Benefits Council Summary of COBRA Provisions in the Trade and Globalization Assistance Act of 2007 (PDF)
American Benefits Council 
Nov. 13, 2007
4 pages. Excerpt: On October 31, 2007, the House passed H.R. 3920, the Trade and Globalization Assistance Act of 2007, which amends certain health provisions of the Trade Act of 2002. The 2002 Trade Act created a health care tax credit of 65% of the cost of qualified health insurance coverage for certain workers who were terminated due to foreign competition. The Act also gave these workers a second COBRA election period.
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