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H.R.870 - Humphrey-Hawkins 21st Century Full Employment and Training Act
To establish the National Full Employment Trust Fund to create employment opportunities for the unemployed.
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Mr. CONYERS introduced the following bill; which was referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedCommentsClose CommentsPermalink
SECTION 1. SHORT TITLE.
SEC. 2. DEFINITIONS.
(6) UNIT OF GENERAL LOCAL GOVERNMENT- The term ‘unit of general local government’ has the meaning given such term in section 102(1) of the Housing and Community Development Act (
SEC. 3. ESTABLISHMENT OF FULL EMPLOYMENT NATIONAL TRUST FUND.
(b) Financing the Trust Fund- Subject to the availability of appropriations for this purpose, the Secretary of the Treasury shall annually make available to the Secretary of Labor for deposit into the Trust Fund an amount equal to the amount collected for that year through the tax described in section 4475 of the Internal Revenue Code of 1986, as added by section 7.CommentsClose CommentsPermalink
(1) One account shall consist of 67 percent of the funds made available for deposit under subsection (b) and shall be for the Employment Opportunity Grants established in section 4.CommentsClose CommentsPermalink
(2) The other account shall consist of 33 percent of the funds made available for deposit under subsection (b) and shall be available to the Secretary to fund programs under the Workforce Investment Act of 1998 (
(d) Web Site- The Secretary shall establish an Internet Web site to serve as an information clearinghouse for job training and employment opportunities funded by the Trust Fund.CommentsClose CommentsPermalink
(e) Training Stipend- The Secretary shall promulgate regulations to encourage entities that receive funds under programs under the Workforce Investment Act of 1998 (
SEC. 4. EMPLOYMENT OPPORTUNITY GRANTS TO STATES, LOCAL GOVERNMENT, AND INDIAN TRIBES.
(a) Employment Grants Contingent on Level of Unemployment- Subject to the availability of funds in the Trust Fund for activities under this section, if, at the beginning of a fiscal year, the economy is not at a level of full employment, as determined by the Chairman of the Federal Reserve Board, the Secretary shall make grants for such fiscal year, in amounts totaling 90 percent of such funds available, to States, units of general local government, and Indian tribes to carry out activities in accordance with this section.CommentsClose CommentsPermalink
(b) Purpose- Grants made under this section shall be for creating employment opportunities for unemployed and underemployed residents of distressed communities in activities designed to address community needs and reduce disparities in health, housing, education, job readiness, and public infrastructure that have impeded these communities from realizing their full economic potential.CommentsClose CommentsPermalink
(1) During the initial 9-month period in which grants are made under this section, each grant shall be used only to fund the following types of fast-track job placements:CommentsClose CommentsPermalink
(B) The restoration and revitalization of abandoned and vacant properties to alleviate blight in distressed and foreclosure-affected areas of a unit of general local government.CommentsClose CommentsPermalink
(2) Following the 9-month period described in paragraph (1), a recipient of a grant may use the remaining amount of the grant to assist public entities, nonprofit community-based organizations, public-private partnerships, or small businesses to create opportunities for employment in the following areas:CommentsClose CommentsPermalink
(A) Construction, re-construction, rehabilitation, and site improvements of residences or public facilities, including improvements in the energy efficiency or environmental quality of such public facilities or residences.CommentsClose CommentsPermalink
(d) Consultation Required- Each grant recipient shall consult with community leaders, including labor organizations, nonprofit community-based organizations, local government officials, and local residents to--CommentsClose CommentsPermalink
(2) allocate not less than 80 percent of the funding allocated to each project funded under the grant to wages, benefits, and support services, including child care services, for individuals employed on such project;CommentsClose CommentsPermalink
(4) institute an outreach program with community organizations and service providers in low-income communities to provide information about placements funded under the grant to individuals suited to perform community infrastructure work; andCommentsClose CommentsPermalink
(D) provide compensation to such individual equal to that which is paid to employees who have been employed to perform similar work prior to the date such individual was hired; andCommentsClose CommentsPermalink
(E) if such employment is in construction, provide compensation to any laborer or mechanic employed under the grant at rates not less than those prevailing on similar construction in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of title 40, United States Code.CommentsClose CommentsPermalink
(2) No individual whose employment is funded under the grant may work for an employer at which a collective bargaining agreement is in effect covering the same or similar work, unless--CommentsClose CommentsPermalink
(3) An individual whose employment is funded under this Act may not displace other employees whose employment is not funded under this Act. A grant recipient under this Act may not hire an employee or employees with funds under this Act for any employment which the grant recipient would otherwise hire an employee who has been furloughed.CommentsClose CommentsPermalink
(A) unemployed for not less than 26 weeks prior to the receipt of the grant, as verified by the State or local department of labor, department of welfare, or similar office charged with maintaining records of unemployment; orCommentsClose CommentsPermalink
(B) unemployed for not less than 30 days prior to the receipt of the grant and be a low-income individual who is a member of a targeted group (as defined by section 51(d) of the Internal Revenue Code of 1986) as verified by the State or local department of labor, department of welfare, or similar office charged with maintaining records of unemployment.CommentsClose CommentsPermalink
For purposes of subparagraph (B), the hiring date (as defined in section 51(d)(11) of such Code) shall be the hiring date by an employer who receives a grant pursuant to this section.CommentsClose CommentsPermalink
(D) provide jobs in sectors where job growth is most likely, as determined by the Secretary, and in which career advancement opportunities exist to maximize long-term, sustainable employment for individuals after employment funded under this Act ends.CommentsClose CommentsPermalink
(1) GRANTS FOR INDIAN TRIBES AND DEPOSITS INTO DISCRETIONARY FUND- Not more than 5 percent of the funds available in the Trust Fund for activities under this section for any fiscal year shall be reserved for grants to Indian tribes and for deposit into a discretionary fund established by the Secretary for national demonstration projects and multi-jurisdictional projects.CommentsClose CommentsPermalink
(2) GRANTS TO STATES- Not more than 30 percent of the funds available in the Trust Fund for activities under this section for any fiscal year shall be allocated to States to distribute to units of general local government that do not qualify for funds under paragraph (3).CommentsClose CommentsPermalink
(3) GRANTS TO UNITS OF GENERAL LOCAL GOVERNMENT- Grant funds that are not reserved under paragraphs (1) and (2) shall be allocated to metropolitan cities and urban counties using the formula under section 106(b) of the Housing and Community Development Act of 1974 (
(1) REPORTS BY GRANT RECIPIENTS- Not later than 90 days after the last day of each fiscal year in which assistance under this section is furnished, a recipient of a grant under this section shall submit to the Secretary a report containing the following:CommentsClose CommentsPermalink
(C) For units of general local government, a listing of each entity receiving funds and the amount of such grants, as well as a brief summary of the projects funded for each such unit, the extent of financial participation by other public or private entities, and the impact on employment and economic activity of such projects during the previous fiscal year.CommentsClose CommentsPermalink
(D) For States, a listing of each unit of general local government receiving funds and the amount of such grants, as well as a brief summary of the projects funded for each such unit, the extent of financial participation by other public or private entities, and the impact on employment and economic activity of such projects during the previous fiscal year.CommentsClose CommentsPermalink
(F) The number of individuals assisted under the grant whose household income is low-income, very low-income, or extremely low-income (as such terms are used for purposes of the Housing Act of 1937 and the regulations there under (
(2) REPORT TO CONGRESS- At least once every 6 months, the Secretary shall submit to Congress a report on the use of grants awarded under this section and any progress in job creation.CommentsClose CommentsPermalink
SEC. 5. NATIONAL EMPLOYMENT CONFERENCE.
(a) In General- The Secretary shall convene a national employment conference not later than 1 year after the date of enactment of this Act, to bring together leaders of small, medium, and large businesses, labor, government, and all other interested parties.CommentsClose CommentsPermalink
(b) Subject- The subject of the conference shall be employment, with particular attention to structural unemployment and the plight of disadvantaged youth. The conference shall also focus on issues such as adequate and effective incentives for employers to hire the long-term unemployed.CommentsClose CommentsPermalink
SEC. 6. INCLUSION OF MINORITY-SERVING, COMMUNITY-BASED ORGANIZATIONS IN WIA STATE AND LOCAL WORKFORCE INVESTMENT BOARDS.
(a) State Boards- Section 111(b)(1)(C)(v) of the Workforce Investment Act of 1998 (
(b) Local Boards- Section 117(b)(2)(A)(iv) of such Act (
SEC. 7. TAX ON SECURITIES TRANSACTIONS.
‘Subchapter C--Tax on Securities Transactions
‘SEC. 4475. TAX ON SECURITIES TRANSACTIONS.
‘(a) Imposition of Tax- There is hereby imposed a tax on each covered securities transaction an amount equal to the applicable percentage of the value of the security involved in such transaction.CommentsClose CommentsPermalink
‘(e) Administration- The Secretary shall carry out this section in consultation with the Securities and Exchange Commission and the Commodity Futures Trading Commission.’.CommentsClose CommentsPermalink
‘subchapter c. tax on securities transactions.’.
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