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<dc:title>116 HR 1000 IH: To establish a National Full Employment Trust Fund to create employment opportunities for the unemployed, and for other purposes.</dc:title>
<dc:type>House Bill</dc:type>
<docNumber>1000</docNumber>
<citableAs>116 HR 1000 IH</citableAs>
<citableAs>116hr1000ih</citableAs>
<citableAs>116 H. R. 1000 IH</citableAs>
<docStage>Introduced in House</docStage>
<currentChamber>HOUSE</currentChamber>
<dc:creator>United States House of Representatives</dc:creator>
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<processedDate>2024-09-09</processedDate>
<dc:publisher>United States Government Publishing Office</dc:publisher>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<congress>116</congress>
<session>1</session>
<publicPrivate>public</publicPrivate></meta>
<preface>
<slugLine>•HR 1000 IH</slugLine>
<distributionCode display="yes">I</distributionCode>
<congress value="116">116th CONGRESS</congress>
<session value="1">1st Session</session>
<dc:type>H. R. </dc:type>
<docNumber>1000</docNumber>
<dc:title>To establish a National Full Employment Trust Fund to create employment opportunities for the unemployed, and for other purposes.</dc:title>
<currentChamber value="HOUSE">IN THE HOUSE OF REPRESENTATIVES</currentChamber>
<action><date date="2019-02-06"><inline class="smallCaps">February </inline>6, 2019</date><actionDescription><sponsor bioGuideId="W000808">Ms. <inline class="smallCaps">Wilson</inline> of Florida</sponsor> introduced the following bill; which was referred to the <committee committeeId="HED00">Committee on Education and Labor</committee>, and in addition to the Committee on <committee committeeId="HWM00">Ways and Means</committee>, 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 concerned</actionDescription></action></preface>
<main id="HF3BCABAE84174062B1062E49186FA692" styleType="OLC"><longTitle><docTitle>A BILL</docTitle><officialTitle>To establish a National Full Employment Trust Fund to create employment opportunities for the unemployed, and for other purposes.</officialTitle></longTitle><enactingFormula><i>Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, </i></enactingFormula>
<section identifier="/us/bill/116/hr/1000/s1" id="HE381B92ECAAB47F78F9A36E7D56D431B"><num value="1">SECTION 1. </num><heading>SHORT TITLE; TABLE OF CONTENTS.</heading>
<subsection identifier="/us/bill/116/hr/1000/s1/a" id="HA7BF65E2D13D4A78A6C55F3B82E0F3AA" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Short Title</inline>.—</heading><content>This Act may be cited as the “<shortTitle role="act">Humphrey-Hawkins 21st Century Full Employment and Training Act of 2019</shortTitle>” or the “<shortTitle role="act">Jobs for All Act</shortTitle>”.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/s1/b" id="HBF438FD028FD44808303B9AC2F5060B1" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Table of Contents</inline>.—</heading><content>The table of contents of this Act is as follows:
<toc>
<referenceItem idref="HE381B92ECAAB47F78F9A36E7D56D431B" role="section">
<designator>Sec. 1. </designator>
<label>Short title; table of contents.</label>
</referenceItem>
<referenceItem idref="H73BB2337A169487E95C6B577233AEA01" role="section">
<designator>Sec. 2. </designator>
<label>Findings and purposes.</label>
</referenceItem>
<referenceItem idref="H327707090FFA4BB99B560D1FF5E0C985" role="section">
<designator>Sec. 3. </designator>
<label>Definitions.</label>
</referenceItem>
<referenceItem idref="HFE31D1EFFB864D9EB85163CEFB780374" role="title">
<designator>TITLE I—</designator><label>ESTABLISHMENT OF NATIONAL FULL EMPLOYMENT TRUST FUND</label>
</referenceItem>
<referenceItem idref="HCE1BAD2F40564081B4609E62765DCB1B" role="section">
<designator>Sec. 101. </designator>
<label>National Full Employment Trust Fund.</label>
</referenceItem>
<referenceItem idref="HE95EB91DFDD64809ABE00121F34CA66F" role="section">
<designator>Sec. 102. </designator>
<label>Source of funds.</label>
</referenceItem>
<referenceItem idref="HCD6799777E7A4596B54F7922D9ABC4CA" role="section">
<designator>Sec. 103. </designator>
<label>Loans from the Federal Reserve System.</label>
</referenceItem>
<referenceItem idref="H2DF6787DBF86411DB5134F6CA8537FC7" role="section">
<designator>Sec. 104. </designator>
<label>Trust Fund corpus reserved.</label>
</referenceItem>
<referenceItem idref="HB94198F792194DC28D4E0B198F52C3C4" role="title">
<designator>TITLE II—</designator><label>PROGRAM ADMINISTRATION</label>
</referenceItem>
<referenceItem idref="H2E9B1FF8684E4104AB0E02B31500311A" role="section">
<designator>Sec. 201. </designator>
<label>In general.</label>
</referenceItem>
<referenceItem idref="H15BE287BA7FF4FF1B93C31E6CEC79E41" role="section">
<designator>Sec. 202. </designator>
<label>Grant management.</label>
</referenceItem>
<referenceItem idref="H0505B5F9F1A74D2EBEDB12AAB9DDA63C" role="section">
<designator>Sec. 203. </designator>
<label>Office of Technical Assistance.</label>
</referenceItem>
<referenceItem idref="HCE17271BE3094196B0E1E7E86C92297A" role="section">
<designator>Sec. 204. </designator>
<label>Office of Educational Support.</label>
</referenceItem>
<referenceItem idref="HD69C2EC6392542CAA832E0DCAAB6B263" role="section">
<designator>Sec. 205. </designator>
<label>Office of Assisted Placement.</label>
</referenceItem>
<referenceItem idref="H1D1F1A7DFC8243BAA6B0A0DC0677DB26" role="section">
<designator>Sec. 206. </designator>
<label>Office of Dispute Resolution.</label>
</referenceItem>
<referenceItem idref="HB3F0B69FB94F43B59C0FB68BDE498E08" role="section">
<designator>Sec. 207. </designator>
<label>Office of Statistics and Research.</label>
</referenceItem>
<referenceItem idref="HB7EE0609763E4B2D85BB64277953E762" role="section">
<designator>Sec. 208. </designator>
<label>National Employment Conference.</label>
</referenceItem>
<referenceItem idref="HF1F472B81697483F930D535107EE0285" role="section">
<designator>Sec. 209. </designator>
<label>Program website.</label>
</referenceItem>
<referenceItem idref="H82FC5FE90ECB4750972B42BB444A94C2" role="section">
<designator>Sec. 210. </designator>
<label>Staffing administrative functions.</label>
</referenceItem>
<referenceItem idref="HBA6ADB41BDFF490F8F3BC891C7393E97" role="section">
<designator>Sec. 211. </designator>
<label>Workforce Innovation and Opportunity Act.</label>
</referenceItem>
<referenceItem idref="HE7E2DE1551B844699E8A49FE718FBF74" role="title">
<designator>TITLE III—</designator><label>EMPLOYMENT OPPORTUNITY GRANTS</label>
</referenceItem>
<referenceItem idref="H8EBE00015E20438EBF8C9D19FE792A4D" role="section">
<designator>Sec. 301. </designator>
<label>Grants.</label>
</referenceItem>
<referenceItem idref="H6155E5498B2646D8B9A4D46FA50C54BE" role="section">
<designator>Sec. 302. </designator>
<label>Eligible entities.</label>
</referenceItem>
<referenceItem idref="HAC6117CE00304E158BF4FF444B308331" role="section">
<designator>Sec. 303. </designator>
<label>Use of funds.</label>
</referenceItem>
<referenceItem idref="HCA22F6B58819459396423D40F21D43A4" role="section">
<designator>Sec. 304. </designator>
<label>Grant conditions.</label>
</referenceItem>
<referenceItem idref="H72F77E1A0E8448398C0A002968A65A43" role="section">
<designator>Sec. 305. </designator>
<label>Program employment described.</label>
</referenceItem>
<referenceItem idref="HF5303E1B3E4244F9A2004533E7A900B6" role="section">
<designator>Sec. 306. </designator>
<label>Eligibility for program employment.</label>
</referenceItem>
<referenceItem idref="HC2D33993BC434E9CB7F56705358B92EF" role="section">
<designator>Sec. 307. </designator>
<label>Compensation.</label>
</referenceItem>
<referenceItem idref="H4D5EC7FD589F4CEDB3BF1A1CEF6D41A2" role="section">
<designator>Sec. 308. </designator>
<label>Assisted placement.</label>
</referenceItem>
<referenceItem idref="HD20CA500E9604702988077AC7B79759A" role="section">
<designator>Sec. 309. </designator>
<label>Priority given to certain projects.</label>
</referenceItem>
<referenceItem idref="H410A39708A7A48EB82495041AD0E2A75" role="section">
<designator>Sec. 310. </designator>
<label>Startup period.</label>
</referenceItem>
<referenceItem idref="H4B45C7F213F44523811DFF65AC84D855" role="section">
<designator>Sec. 311. </designator>
<label>Secretary’s authority to administer projects directly.</label>
</referenceItem>
<referenceItem idref="H9D79381935094F03A598B40435EB510E" role="section">
<designator>Sec. 312. </designator>
<label>Reports.</label>
</referenceItem>
<referenceItem idref="H0D2EA4B224664B5DB0215D147A873F32" role="section">
<designator>Sec. 313. </designator>
<label>Dispute resolution.</label>
</referenceItem>
<referenceItem idref="H0DE42EE8B105445CB6613F774434BA41" role="section">
<designator>Sec. 314. </designator>
<label>Tax on securities transactions.</label>
</referenceItem></toc></content></subsection></section>
<section identifier="/us/bill/116/hr/1000/s2" id="H73BB2337A169487E95C6B577233AEA01"><num value="2">SEC. 2. </num><heading>FINDINGS AND PURPOSES.</heading>
<subsection identifier="/us/bill/116/hr/1000/s2/a" id="H74CEC60614154E0D9881A799BBA6B98C" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Findings</inline>.—</heading><chapeau>Congress finds the following:</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/1" id="H317E7E4ABD46404BA0B95C9093F59B40" class="indent1"><num value="1">(1) </num><content>The Federal Government has established the achievement of full employment as a national goal in the Employment Act of 1946 and the Full Employment and Balanced Growth Act of 1978.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/2" id="H41205723DEA0481DA88C1207B46C7F7E" class="indent1"><num value="2">(2) </num><content>Consistent with this goal and pursuant to these Acts, the Congress has declared it to be the continuing policy and responsibility of the Federal Government to use all practicable means to create and maintain conditions which promote useful employment opportunities for all who seek them, including the self-employed.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/3" id="H12087AECCAE94ECDA6B6DE33DCDC0C31" class="indent1"><num value="3">(3) </num><content>Consistent with this goal and pursuant to these Acts, the Congress has also declared and established as a national goal the fulfillment of the right to full opportunities for useful paid employment at fair rates of compensation of all individuals able, willing, and seeking to work.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/4" id="H132E0FFDB4A24C45AA07BF5DAB714802" class="indent1"><num value="4">(4) </num><content>The United States also has a duty under Articles 55 and 56 of the United Nations Charter to promote “full employment” and the “universal respect for, and observance of, human rights and fundamental freedoms for all without distinction as to race, sex, language, or religion”.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/5" id="H575C30D3D26146FE8BEFD881F7A511EA" class="indent1"><num value="5">(5) </num><content>The human rights the United States has a duty to promote pursuant to this obligation are set forth in the Universal Declaration of Human Rights.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/6" id="H89A4BC9C6AA44FCB9760AB249FCAE3FD" class="indent1"><num value="6">(6) </num><content>Article 23 of the Universal Declaration of Human Rights states that “Everyone has the right to work” and to “just and favorable remuneration” that insures for his or her family “an existence worthy of human dignity, and supplemented, if necessary, by other means of social protection”.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/7" id="H120616AC7C5E4F0CA19E201F0495A7A9" class="indent1"><num value="7">(7) </num><content>Consistent with the purpose and intent of the Employment Act of 1946, the Full Employment and Balanced Growth Act of 1978, Articles 55 and 56 of the United Nations Charter, and Article 23 of the Universal Declaration of Human Rights, the Congress recognizes and declares that the meaning of full employment under both United States and international law is synonymous with the realization of the right to work.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/8" id="H414CF73A624B44ADB1A2D5FFE77358F0" class="indent1"><num value="8">(8) </num><content>Consistent with this understanding of the meaning of full employment, the stated policy of the United States with respect to the achievement of full employment and the realization of the right to work, and the obligations of the United States under international law, the Full Employment and Balanced Growth Act of 1978 established an interim 5-year target of 3 percent unemployment for individuals 20 years of age and older, and 4 percent for individuals age 16 and over within 5 years, with full employment to be achieved “as soon as practicable” thereafter.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/9" id="H033959FF9E9548E7B5FA46F52164F071" class="indent1"><num value="9">(9) </num><content>Notwithstanding the targets set forth in the Full Employment and Balanced Growth Act of 1978, the United States continues to suffer substantial unemployment and underemployment across all phases of the business cycle, including periods when the Board of Governors of the Federal Reserve System is pursuing policies that may be useful in controlling inflation but whose necessary consequence is the continuation of a level of unemployment and underemployment that is inconsistent with the achievement of full employment and the realization of the right to work.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/10" id="H75958046C17E41AAB87BBACFEFD18B89" class="indent1"><num value="10">(10) </num><chapeau>The Federal Government’s failure to develop and implement policies capable of reconciling the need to control inflation with its obligation to achieve full employment and secure the right to work imposes numerous economic and social costs on the Nation, the following among them:</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/A" id="H81572271C814478486E55DDD7B317F1F" class="indent2"><num value="A">(A) </num><content>The Nation is deprived of the full supply of goods and services and related increases in economic well-being that would occur under conditions of genuine full employment.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/B" id="HD5EAC79CD3A247E7953CDEB508D42C3A" class="indent2"><num value="B">(B) </num><content>The Nation’s depressed output of goods and services, especially in the public sector, is insufficient to meet pressing national needs for infrastructure investment and maintenance, public transportation, clean energy production, low and moderate income housing, education, health care, child and elder care, and many other public goods and human services.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/C" id="H990DAEEB34FC4F00ACF3C59A6DAD148D" class="indent2"><num value="C">(C) </num><content>Unemployment and underemployment expose many workers and families to significant, social, psychological, and physiological costs, including disruption of family life, the loss of individual dignity and self-respect, and the aggravation of physical and mental illnesses.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/D" id="H3CD030784C6D4A98B0D52D1B19A75996" class="indent2"><num value="D">(D) </num><content>Persisting unemployment and underemployment have devastating financial consequences for its victims, resulting in the loss of income and spending power for families, and interfering with their ability to save and accumulate assets for a secure family life and retirement.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/E" id="HF580E569F37F44B5BFFA79D081D0B648" class="indent2"><num value="E">(E) </num><content>Because disadvantaged population groups suffer the burdens and harmful consequences of unemployment with greater frequency and at higher levels than nondisadvantaged population groups, unemployment presents a virtually insurmountable barrier to the achievement of equal opportunity for all Americans.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/F" id="H4E296D23380C40F6B3D38C1310397871" class="indent2"><num value="F">(F) </num><content>Exceptionally high levels of unemployment among the Nation’s youth are particularly harmful because of their long-term negative effects.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/G" id="H7BB8EAF9CA724D4D88C8FBBC739986EF" class="indent2"><num value="G">(G) </num><content>High levels of unemployment and inadequate consumer demand also contribute to poor conditions for retail businesses, manufacturers, and many other firms to grow and prosper.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/s2/a/10/H" id="H5BC0D78F5F904623983BAD8C77DC99C5" class="indent2"><num value="H">(H) </num><content>In the real estate sector, the Congress finds that high levels of unemployment contribute to foreclosures, evictions, and commercial vacancies, thereby undermining the quality of neighborhood and community life, and hampering prospects for the economic development of all the Nation’s neighborhoods and communities.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/11" id="HAB3F43D8F2414BFEA76BA8746540FDC2" class="indent1"><num value="11">(11) </num><content>Since the historic promise of the Employment Act of 1946 and the Full Employment and Balanced Growth Act of 1978 has not been realized, the Congress declares and reaffirms the Federal Government’s obligation to insure the availability of decent jobs for all at living wages.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/12" id="HB1AF3D74EBD649679F9F149BDDFB26EF" class="indent1"><num value="12">(12) </num><content>The Congress further declares and reaffirms that the elimination of job disparities among groups of workers who experience chronically higher rates of unemployment and underemployment is an essential component of the Federal Government’s commitment to the achievement of full employment and the realization of the right to work.</content></paragraph>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/s2/a/13" id="H5EA125407DB949A792A2ED532CA7CDA9" class="indent1"><num value="13">(13) </num><content>The Congress also finds that both job vacancy surveys and historic experience shows that even at the top of the business cycle, when the national unemployment rate drops to the 4 percent or below, the economy fails to provide enough jobs to employ everyone who wants to work. Consequently, the need for direct job creation by the Federal Government is especially important at such times to close the economy’s job gap without <amendingAction type="add">adding</amendingAction> significantly to inflationary pressures, a goal it is virtually impossible to achieve with economic policies directed at boosting production in the private sector of the economy.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/14" id="H803CC570C489483691B5ECC49058E57B" class="indent1"><num value="14">(14) </num><content>The Congress further finds that in addition to providing a non-inflationary pathway for the achievement of full employment and the realization of the right to work, the direct job-creation strategy, conceived and tested by the Federal Government during the New Deal era, would also reduce the severity of recessions while enriching the Nation with a substantial increase in the production of badly needed public goods and services.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/15" id="HA3C84860E5CB4934B0D715002A728281" class="indent1"><num value="15">(15) </num><content>The Congress further finds that because of the broad range of social costs the problem of unemployment imposes on society, including in particular reduced tax collections and increased social welfare expenditures by all levels of government, the achievement of full employment and the realization of the right to work by means of the New Deal’s direct job creation strategy would cost far less than other major social welfare benefits provided by government and might even end up saving the public money.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/s2/a/16" id="HCEF9EB2B76D4431A828D263AD749ECE5" class="indent1"><num value="16">(16) </num><content>Therefore, while the Congress fully supports efforts to maximize the creation of private, public, and nonprofit sector jobs through improved use of general economic and structural policies, it recognizes and affirms the need to supplement those policies with a well-designed direct job creation program committed to and capable of closing the economy’s job gap across all phases of the business cycle.</content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/s2/b" id="H85AA9164EF8441AC8E57AAD5E7287013" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Purpose</inline>.—</heading><content>It is the purpose of the Jobs for All Act to achieve genuine full employment and fulfill the right to useful work at living wages for all persons able, willing and seeking employment by establishing a National Full Employment Trust Fund to pay for a national program of public service employment capable of achieving these goals by supplementing the employment opportunities furnished by the existing private, public, and nonprofit sectors of the economy under existing law.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/s3" id="H327707090FFA4BB99B560D1FF5E0C985"><num value="3">SEC. 3. </num><heading>DEFINITIONS.</heading>
<chapeau class="indent0">In this Act, the following definitions apply:</chapeau>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/1" id="HF443CC2598BB4535910FC613CD6DEB2F" class="indent1"><num value="1">(1) </num><heading><inline class="smallCaps">ACA</inline>.—</heading><content>The term “<term>ACA</term>” means the Patient Protection and Affordable Care Act as amended.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/2" id="HB7C04A8270E5420988342ED5E45026B9" class="indent1"><num value="2">(2) </num><heading><inline class="smallCaps">Disadvantaged individual or population group</inline>.—</heading><content>The term “<term>disadvantaged individual</term>” or “<term>disadvantaged population group</term>” means an individual or population group that the Secretary has identified as suffering from disabilities or socio-economic disadvantages that significantly interfere with the individual’s or group’s access to equal employment opportunity.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/3" id="H4EE876DE72194A689A3454AA96B9F33F" class="indent1"><num value="3">(3) </num><heading><inline class="smallCaps">Comparable worth</inline>.—</heading><content>The term “<term>comparable worth</term>”, used with respect to work, means work that includes the composite of the skill, effort, responsibility, and working conditions normally required in the performance of a particular job as determined pursuant to standards established by the Secretary following consultations with experts in the field of comparable worth wage assessments.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/4" id="H607D8E735C61460D9AD380461807511A" class="indent1"><num value="4">(4) </num><heading><inline class="smallCaps">Equal opportunity grant</inline>.—</heading><content>The terms “<term>Equal Opportunity Grant</term>” and “<term>grant</term>” mean an Employment Opportunity Grant authorized in title III of this Act.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/5" id="H752C168E93404C179FCC6A420904D8ED" class="indent1"><num value="5">(5) </num><heading><inline class="smallCaps">Grant recipient</inline>.—</heading><content>The term “<term>grant recipient</term>” means an entity awarded an Employment Opportunity Grant under section 6 of this Act.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/6" id="HAE795E8CE4694BE58B87583A323EF630" class="indent1"><num value="6">(6) </num><heading><inline class="smallCaps">Health exchange</inline>.—</heading><content>the term “<term>Health Exchange</term>” or “<term>State Health Exchange</term>” means an American Health Benefit Exchange established under section 1311(b) or 1321(c) of the ACA.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/7" id="H2B918205248A4366A803B5247FA616F3" class="indent1"><num value="7">(7) </num><heading><inline class="smallCaps">Indian tribe</inline>.—</heading><content>The term “<term>Indian Tribe</term>” has the meaning given such term in section 102(17) of the Housing and Community Development Act (<ref href="/us/usc/t42/s5302/17">42 U.S.C. 5302(17)</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/8" id="H0D57750066FC43909B86A544C100211A" class="indent1"><num value="8">(8) </num><heading><inline class="smallCaps">One-stop center</inline>.—</heading><content>The term “<term>one-stop center</term>” means a site described in section 121(e)(2) of the Workforce Innovation and Opportunity Act (<ref href="/us/usc/t29/s3151/e/2">29 U.S.C. 3151(e)(2)</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/9" id="HD125D6D071094CB3A6D378119BB4E1A2" class="indent1"><num value="9">(9) </num><heading><inline class="smallCaps">Program</inline>.—</heading><content>The term “<term>Program</term>” whether used as a noun or an adjective, shall refer to the program established under this Act.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/10" id="H1723231D7F5545BF9F33D0953EC2B690" class="indent1"><num value="10">(10) </num><heading><inline class="smallCaps">Program employee</inline>.—</heading><content>The term “<term>Program employee</term>” means a person certified as eligible for Program Employment under section 306 of this Act and who is employed in a job funded by the Trust Fund.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/11" id="H72D825258CA641238DA41A70503F23BE" class="indent1"><num value="11">(11) </num><heading><inline class="smallCaps">Program employment</inline>.—</heading><content>The term “<term>Program employment</term>” means employment of a Program Employee in a job funded by the Trust Fund.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/12" id="HA86D958712D4421E90F7F1B06DA8D076" class="indent1"><num value="12">(12) </num><heading><inline class="smallCaps">Program trainee</inline>.—</heading><content>The term “<term>Program trainee</term>” means a person enrolled in a training program funded under this Act.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/13" id="H81E5332968EE477EA32DE8A60EA286AD" class="indent1"><num value="13">(13) </num><heading><inline class="smallCaps">Program training</inline>.—</heading><content>The term “<term>Program training</term>” means training provide by a grant recipient in a training program authorized under title III of this Act.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/14" id="H51C759D168AB47F4B612C42C3AB18793" class="indent1"><num value="14">(14) </num><heading><inline class="smallCaps">Reasonable needs</inline>.—</heading><content>The term “<term>reasonable needs</term>” shall mean those needs reasonably required for a household to enjoy a modest but adequate standard of living, taking into consideration the size and composition of the household, the local cost of living, and any cash or in-kind transfer benefits available to the household.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/15" id="H034DD67BD06F42668D6C77BC1FC7C94A" class="indent1"><num value="15">(15) </num><heading><inline class="smallCaps">Secretary</inline>.—</heading><content>The term “<term>Secretary</term>” means the Secretary of Labor.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/16" id="H67AD2726F3FE4240A473635BBFC41037" class="indent1"><num value="16">(16) </num><heading><inline class="smallCaps">Small business</inline>.—</heading><content>The term “<term>small business</term>” has the meaning given the term “<term>small business concern</term>” under section 3 of the Small Business Act (<ref href="/us/usc/t15/s632">15 U.S.C. 632</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/17" id="H6D177B035469448F919C7E6901FCB26F" class="indent1"><num value="17">(17) </num><heading><inline class="smallCaps">State</inline>.—</heading><content>The term “<term>State</term>” has the meaning given such term in section 102(2) of the Housing and Community Development Act (<ref href="/us/usc/t42/s5302/2">42 U.S.C. 5302(2)</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/18" id="H45667EE3EA9D4F7D97870062E3B3EE6C" class="indent1"><num value="18">(18) </num><heading><inline class="smallCaps">State health subsidy program</inline>.—</heading><content>The term “<term>State health subsidy program</term>” means a program qualifying as an applicable State health subsidy program under section 1413(e) of the ACA.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/19" id="H3AEF9977F52141FCBD1555CCB7B244FF" class="indent1"><num value="19">(19) </num><heading><inline class="smallCaps">Trust fund</inline>.—</heading><content>The term “<term>Trust Fund</term>” refers to the National Full Employment Trust Fund established under section 101.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/20" id="H06FFDED4208C4F7CB9DA40BA8C1B1D34" class="indent1"><num value="20">(20) </num><heading><inline class="smallCaps">Unit of general local government</inline>.—</heading><content>The term “<term>unit of general local government</term>” has the meaning given such term in section 102(1) of the Housing and Community Development Act (<ref href="/us/usc/t42/s5302/1">42 U.S.C. 5302(1)</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/21" id="HC08C2C45D37D4852B7737FADA9CA265B" class="indent1"><num value="21">(21) </num><heading><inline class="smallCaps">Urban county</inline>.—</heading><content>The term “<term>urban county</term>” has the meaning given such term in section 102(6) of the Housing and Community Development Act (<ref href="/us/usc/t42/s5302/6">42 U.S.C. 5302(6)</ref>).</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/s3/22" id="H63B6A65FE0F94B81917102E04457D3E6" class="indent1"><num value="22">(22) </num><heading><inline class="smallCaps">WIOA</inline>.—</heading><content>The term “<term>WIOA</term>” means the “Workforce Innovation and Opportunity Act of 2014 as amended” (<ref href="/us/usc/t29/s3101/etseq">29 U.S.C. 3101 et seq.</ref>).</content></paragraph></section>
<title identifier="/us/bill/116/hr/1000/tI" id="HFE31D1EFFB864D9EB85163CEFB780374"><num value="I">TITLE I—</num><heading class="inline">ESTABLISHMENT OF NATIONAL FULL EMPLOYMENT TRUST FUND</heading>
<section identifier="/us/bill/116/hr/1000/tI/s101" id="HCE1BAD2F40564081B4609E62765DCB1B"><num value="101">SEC. 101. </num><heading>NATIONAL FULL EMPLOYMENT TRUST FUND.</heading><content class="block">There is hereby created an account in the Treasury of the United States to be known as the “National Full Employment Trust Fund”.</content></section>
<section identifier="/us/bill/116/hr/1000/tI/s102" id="HE95EB91DFDD64809ABE00121F34CA66F"><num value="102">SEC. 102. </num><heading>SOURCE OF FUNDS.</heading>
<chapeau class="indent0">There is hereby appropriated to the Trust Fund for the fiscal year in which the effective date set forth in section 314(d) occurs, and for each fiscal year thereafter, amounts equivalent to 100 percent of—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tI/s102/1" id="H32412A0849A54DBA980F3FA1CB4CBA6E" class="indent1"><num value="1">(1) </num><content>the taxes (including interest, penalties, and additions to the taxes) received under section 4475 of the Internal Revenue Code of 1986 as added by section 314 of this Act;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tI/s102/2" id="HD5814A97281A4B4E9BC5EE804E08A62C" class="indent1"><num value="2">(2) </num><content>the amount on deposit in the Federal Unemployment Trust Fund that otherwise would have been requisitionable by a State Agency under section 904(f) of the Social Security Act as amended (<ref href="/us/usc/t42/s1104/f">42 U.S.C. 1104(f)</ref>) for the payment of Unemployment Insurance benefits that a Program employee would have been entitled to receive but for that individual’s Program employment, with the amount debited from the book account or accounts in the Federal Unemployment Trust Fund maintained for the payment of the Unemployment Insurance benefits in question; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tI/s102/3" id="H5B9ADD20D4724D0882F9F4B4C6C04535" class="indent1"><num value="3">(3) </num><content>an amount equal to the FICA, Medicare, and personal income taxes paid by Program employees on their Program earnings, as estimated by the Secretary of the Treasury.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tI/s103" id="HCD6799777E7A4596B54F7922D9ABC4CA"><num value="103">SEC. 103. </num><heading>LOANS FROM THE FEDERAL RESERVE SYSTEM.</heading>
<subsection identifier="/us/bill/116/hr/1000/tI/s103/a" id="H94ABF454CE7749F6A94A3D7B38B37B0A" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>If the amount available in the Trust Fund for allocation under title III of this Act is insufficient to prevent the national unemployment rate from rising more than one full percentage point above its previously attained level, the Board of Governors of the Federal Reserve System shall lend such additional amounts to the Trust Fund as are necessary to allow the Secretary of Labor to make such additional allocations under title III of this Act as are necessary to restore the national unemployment rate to its allowable 1 percent range of upward variation.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tI/s103/b" id="HDD259D2535464A529864B2634B716BC8" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Repayment</inline>.—</heading><content>Amounts lent to the Trust Fund by the Board of Governors of the Federal Reserve System under subsection (a) shall be repaid by the Trust Fund over 10 years, with interest payable at the same average rate the Federal Government contracts to pay on 10-year bonds sold during the period beginning 45 days prior to the date the loans were made to the Trust Fund and ending 45 days following such date.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tI/s103/c" id="H787BF807F6254F3D97478CF77A1087D1" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Cancellation of Debt</inline>.—</heading><content>The Board of Governors of the Federal Reserve System, in consultation with the Federal Open Market Committee, shall have a continuing obligation to review any debt owed by the Trust Fund to the Federal Reserve System, and if it determines that the debt or any portion thereof can be cancelled without significant adverse effect on the economy, it shall do so.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tI/s104" id="H2DF6787DBF86411DB5134F6CA8537FC7"><num value="104">SEC. 104. </num><heading>TRUST FUND CORPUS RESERVED.</heading>
<chapeau class="indent0">The corpus of the Trust Fund may be used for no other purpose than to fund—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tI/s104/1" id="HC3C504D55E1F47B694E1A91F09EAAAB0" class="indent1"><num value="1">(1) </num><content>Employment Opportunity Grants issued under title III of this Act, including for job creation and training projects directly administered by the Secretary pursuant to section 311;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tI/s104/2" id="HADE35911550547419706779213B39ECF" class="indent1"><num value="2">(2) </num><content>administrative activities and programs under the WIOA that the Secretary determines are necessary or useful to achieve the purposes of this Act; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tI/s104/3" id="H7EED1E5F13EA4644B7C8C957C8424ED8" class="indent1"><num value="3">(3) </num><content>administrative expenses reasonably incurred by the Secretary to implement and administer programs and activities authorized under this Act.</content></paragraph></section></title>
<title identifier="/us/bill/116/hr/1000/tII" id="HB94198F792194DC28D4E0B198F52C3C4"><num value="II">TITLE II—</num><heading class="inline">PROGRAM ADMINISTRATION</heading>
<section identifier="/us/bill/116/hr/1000/tII/s201" id="H2E9B1FF8684E4104AB0E02B31500311A"><num value="201">SEC. 201. </num><heading>IN GENERAL.</heading><content class="block">The Secretary shall establish an appropriate administrative structure within the Department of Labor to administer the Program.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s202" id="H15BE287BA7FF4FF1B93C31E6CEC79E41"><num value="202">SEC. 202. </num><heading>GRANT MANAGEMENT.</heading>
<subsection identifier="/us/bill/116/hr/1000/tII/s202/a" id="H7CAC882DB8524203BD45D73C6493134A" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>The Secretary shall establish and administer an evaluation, approval, and monitoring process for Employment Opportunity Grants that is transparent, apolitical, and free of outside influence.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s202/b" id="H64A63515AA714B99B0A1F3B3F4450F72" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Project Timing</inline>.—</heading><content>The evaluation and approval process shall invite proposals not only for projects that are suitable for immediate implementation, but also for projects that can be rapidly implemented or expanded in the future when unemployment increases precipitously due to a recession or other causes. Projects approved for future implementation may receive immediate funding to undertake preparatory work necessary for the rapid implementation of the project when it is needed.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s202/c" id="H1950E9A674FA4F05B1840D7F24A7E4B1" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Monitoring and Technical Assistance</inline>.—</heading><content>The performance of grant recipients shall be monitored during as well as at the conclusion of a grant-funded project, and technical assistance shall be offered to grant recipients, as needed, to help insure the success of their grant-funded projects.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s202/d" id="H60D3D1CE4CF4427AB26E34582B16C557" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Post-Project Review</inline>.—</heading><content>A post-project review of the performance of every grant-funded projects shall be conducted and documented.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tII/s203" id="H0505B5F9F1A74D2EBEDB12AAB9DDA63C"><num value="203">SEC. 203. </num><heading>OFFICE OF TECHNICAL ASSISTANCE.</heading><content class="block">The Secretary shall establish and administer an Office of Technical Assistance to advise and assist grant recipients and potential grant recipients in the identification and adoption of best practices in the design and administration of job creation projects, the preparation of grant proposals, the satisfaction of Program requirements, and the fulfillment of the Program’s purposes.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s204" id="HCE17271BE3094196B0E1E7E86C92297A"><num value="204">SEC. 204. </num><heading>OFFICE OF EDUCATIONAL SUPPORT.</heading><content class="block">The Secretary shall establish and administer an Office of Educational Support to encourage and affirmatively assist Program employees who have not yet earned a high school diploma or its equivalent to complete his or her secondary education; and to counsel Program employees concerning post-secondary vocational and academic educational opportunities.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s205" id="HD69C2EC6392542CAA832E0DCAAB6B263"><num value="205">SEC. 205. </num><heading>OFFICE OF ASSISTED PLACEMENT.</heading><content class="block">The Secretary shall establish and administer an Office of Assisted Placement to coordinate the creation and operation of Assisted Placement Offices in all one-stop centers for the purpose of providing placement services to individuals eligible for such services under section 308.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s206" id="H1D1F1A7DFC8243BAA6B0A0DC0677DB26"><num value="206">SEC. 206. </num><heading>OFFICE OF DISPUTE RESOLUTION.</heading>
<subsection identifier="/us/bill/116/hr/1000/tII/s206/a" id="HFC0F8EE95F144DF2A1E4A82936DFE9BB" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>The Secretary shall establish and administer an Office of Dispute Resolution to perform the dispute resolution functions described in section 313.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s206/b" id="HDD1881FD2E464ED2AA33265B586A9E9C" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Whistleblower Hotline</inline>.—</heading><content>The Secretary shall establish and administer both an online and telephone whistleblower hotline for the informal reportage of alleged violations of this Act. Provided enough information is furnished via the hotline to initiate an investigation, the matter shall be referred for appropriate follow up.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s206/c" id="HD33BF24C72504DD49854233E72085FA8" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">South African CCMA Commended as Model</inline>.—</heading><content>The rules and procedures adopted by the Secretary for the resolution of disputes within the scope of section 313(b) shall be designed to insure a prompt and fair resolution of employment disputes in a process that is free of cost to the participants and easily navigated by all parties. To that end, the Congress commends the administrative practices and rules of the South African Commission for Conciliation, Mediation and Arbitration (CCMA) as a model for the dispute resolution system established under this section.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tII/s207" id="HB3F0B69FB94F43B59C0FB68BDE498E08"><num value="207">SEC. 207. </num><heading>OFFICE OF STATISTICS AND RESEARCH.</heading>
<chapeau class="indent0">The Secretary shall establish and administer an Office of Statistics and Research to provide the public with useful information concerning the operations of the Program, to provide Program administrators with evidence-based guidance to aid them in their work, and to assist the Congress in its oversight of the Program. Employing rigorous social science methodologies, and with the advice and assistance of the Bureau of Labor Statistics where appropriate, the Office of Statistics and Research shall—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/1" id="HD5587D6F5C0C45E395293D3869621825" class="indent1"><num value="1">(1) </num><content>collect, tabulate, analyze, and report statistical data on labor market conditions that are relevant to Program operations;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/2" id="H21947BE78A7D4CB1A6232941F0E9CBA7" class="indent1"><num value="2">(2) </num><content>undertake basic and applied research to guide Program administrators in the performance of their duties and to track the Program’s success or lack thereof in combating various aspects of the problem of unemployment and the harmful effects associated with the problem of unemployment;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/3" id="HC6AA38402BE14A5AA617E7152BFE6B1C" class="indent1"><num value="3">(3) </num><content>identify and disseminate information regarding best practices in Program design and implementation;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/4" id="H779809448A3B4944AA00EC451B35A40D" class="indent1"><num value="4">(4) </num><content>catalogue basic information about each and every job creation project or job-training program funded by an Employment Opportunity Grant and create a permanent and easily accessible archive of this information on the Program’s website;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/5" id="HB6CDB95087A6494B8A8FB65CFC79D26D" class="indent1"><num value="5">(5) </num><content>develop methodologies to estimate and report the revenues and savings generated by the Program for various levels of government either directly through increased tax revenues or indirectly through reductions in other government expenditures; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s207/6" id="H58BA86BECF1A483F8020A869FF8AD190" class="indent1"><num value="6">(6) </num><content>carry out other research tasks in support of the Program’s goals.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tII/s208" id="HB7EE0609763E4B2D85BB64277953E762"><num value="208">SEC. 208. </num><heading>NATIONAL EMPLOYMENT CONFERENCE.</heading>
<subsection identifier="/us/bill/116/hr/1000/tII/s208/a" id="H2BB873F147F34DC1BD290DAA15A98506" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>The Secretary shall convene a national employment conference not later than 1 year after the date of enactment of this Act, and annually thereafter.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s208/b" id="H0A35C7F95C174AF29F551A4A4C864D49" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Purpose of Conference</inline>.—</heading><content>The purpose of the conference shall be to report on research concerning the operations of the Program and its role in addressing various aspects of the problems of unemployment, to share best practices in addressing such problems, and to address challenges in the administration of this Act.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tII/s209" id="HF1F472B81697483F930D535107EE0285"><num value="209">SEC. 209. </num><heading>PROGRAM WEBSITE.</heading><content class="block">The Secretary shall establish and administer an internet website to provide the public with information concerning the Program and to archive information concerning its operations.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s210" id="H82FC5FE90ECB4750972B42BB444A94C2"><num value="210">SEC. 210. </num><heading>STAFFING ADMINISTRATIVE FUNCTIONS.</heading><content class="block">To the extent reasonably possible, the Secretary shall fill positions within the Program’s administrative offices with individuals who are eligible for Program employment.</content></section>
<section identifier="/us/bill/116/hr/1000/tII/s211" id="HBA6ADB41BDFF490F8F3BC891C7393E97"><num value="211">SEC. 211. </num><heading>WORKFORCE INNOVATION AND OPPORTUNITY ACT.</heading>
<subsection identifier="/us/bill/116/hr/1000/tII/s211/a" id="H477D39E20E8B460D8DEC76C72F44E65A" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>The Secretary shall make adjustments in the activities and programs administered by the Department of Labor under the WIOA as necessary or useful to serve the needs of this Act.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tII/s211/b" id="H135376897C314B6CAB7F1074284DC7A9" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Expansion of Workforce Development Boards</inline>.—</heading><chapeau>To facilitate the implementation of the adjustments described in subsection (a) at the State and local level:</chapeau>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tII/s211/b/1" id="H5B6345CCAAA042D9A64D57BB8B38DBBF" class="indent1"><num value="1">(1) </num><chapeau>Section 101(b)(1)(C) of the WIOA (<ref href="/us/usc/t29/s3111/b/1/C">29 U.S.C. 3111(b)(1)(C)</ref>) <amendingAction type="amend">is amended</amendingAction>—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tII/s211/b/1/A" id="H659E7259639B4EABBB6F69D85743D4C6" class="indent2"><num value="A">(A) </num><content>by <amendingAction type="delete">striking</amendingAction> “<quotedText>and</quotedText>” at the end of subclause (II);</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tII/s211/b/1/B" id="H470558058B9B49F29C093453B9F3CA8B" class="indent2"><num value="B">(B) </num><content>by <amendingAction type="insert">inserting</amendingAction> “<quotedText>and</quotedText>” at the end of subclause (III); and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tII/s211/b/1/C" id="H4615CD49709146278B2A4BFF03A49834" class="indent2"><num value="C">(C) </num><content>by <amendingAction type="add">adding</amendingAction> at the end the following:
<quotedContent id="H71492586060C44D5B295FC9736357190" styleType="OLC">
<subclause id="HBB0DC48820E349BC828B7862E2CB0E51" class="indent4"><num value="IV">“(IV) </num><content>are not less than 25 percent of the chief executive officers of minority-serving, community-based organizations;”</content></subclause></quotedContent><inline role="after-quoted-block">.</inline></content></subparagraph></paragraph>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tII/s211/b/2" id="H62BF7D60B9B04480A0AE878455305C8D" class="indent1"><num value="2">(2) </num><content>Section 107(b)(2)(C) of the WIOA (<ref href="/us/usc/t29/s3122/b/2/A">29 U.S.C. 3122(b)(2)(A)</ref>) <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="add">adding</amendingAction> at the end the following:
<quotedContent id="H5B6A5E5835A941BD82F895BD5CB094BB" styleType="OLC">
<clause id="H7A455F1BCB554AF99196FE5E583B24A8" class="indent3"><num value="iv">“(iv) </num><content>shall include not less than 25 percent of the chief executive officers of minority-serving, community-based organizations;”</content></clause></quotedContent><inline role="after-quoted-block">.</inline></content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tII/s211/b/3" id="H512F78A2AA3E4688803E377AFD4D9DBA" class="indent1"><num value="3">(3) </num><heading><inline class="smallCaps">Effective date</inline>.—</heading><content>The amendments to the WIOA set forth in this subsection shall take effect as if enacted as part of the WIOA (<ref href="/us/usc/t29/s3101/etseq">29 U.S.C. 3101 et seq.</ref>).</content></paragraph></subsection></section></title>
<title identifier="/us/bill/116/hr/1000/tIII" id="HE7E2DE1551B844699E8A49FE718FBF74"><num value="III">TITLE III—</num><heading class="inline">EMPLOYMENT OPPORTUNITY GRANTS</heading>
<section identifier="/us/bill/116/hr/1000/tIII/s301" id="H8EBE00015E20438EBF8C9D19FE792A4D"><num value="301">SEC. 301. </num><heading>GRANTS.</heading>
<chapeau class="indent0">Subject to the availability of funds in the Trust Fund, the Secretary shall make grants to eligible entities for the purpose of creating—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s301/1" id="H6ACEFA8EDE8041BABAC55F8E2AE605CC" class="indent1"><num value="1">(1) </num><content>employment opportunities for persons eligible for Program employment in projects 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; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s301/2" id="H24F33501DADC40B3AF2461241332AE0E" class="indent1"><num value="2">(2) </num><chapeau>free-standing job-training programs that provide job training, possibly including general education, to—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s301/2/A" id="H2323ADFE1F7145FABEBD96A51594274B" class="indent2"><num value="A">(A) </num><content>Program employees pursuant to contractual arrangements between the training Program and their employer to provide the Program employees with specialized training needed for the performance of their jobs; or</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s301/2/B" id="H453C4B22D1B34BBFA3A4DEFC2FBB90C7" class="indent2"><num value="B">(B) </num><content>persons eligible for Program employment who seek such training rather than immediate employment in order to qualify for a Program or non-program job for which they otherwise would not qualify, provided that circumstances are such that the training Program is justified in providing reasonable assurances to the individuals enrolled in it that upon the successful completion of their training, they will be able to obtain a Program or non-program job that utilize their newly acquired skills.</content></subparagraph></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s302" id="H6155E5498B2646D8B9A4D46FA50C54BE"><num value="302">SEC. 302. </num><heading>ELIGIBLE ENTITIES.</heading>
<chapeau class="indent0">Entities eligible to receive grants under this section shall include—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s302/1" id="H43A8FA4D2C694890B2D843709A2C1DA9" class="indent1"><num value="1">(1) </num><content>departments and agencies of the Federal Government with the approval of the Secretary of the department or the head of the agency;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s302/2" id="H29708A9114F64E508F93551F31F08F9E" class="indent1"><num value="2">(2) </num><content>States, Indian Tribes, units of general local government, and urban counties;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s302/3" id="HDF069FAACEF641FF997B5B99A84F3ADA" class="indent1"><num value="3">(3) </num><content>agencies of the entities listed in paragraph (2) with the approval of the head of the agency or other person with the authority to make such commitments;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s302/4" id="HA96FCFDFB29E4BEB8575F10A79D75546" class="indent1"><num value="4">(4) </num><content>independent or quasi-independent public-sector agencies created by any level of government; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s302/5" id="H2B67E3EEF32C4E3B8D746C19CAB63B9D" class="indent1"><num value="5">(5) </num><content>not-for-profit organizations that qualify as tax exempt under section 501(c)(1), (3), (5), or (19) of the Internal Revenue Code.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s303" id="HAC6117CE00304E158BF4FF444B308331"><num value="303">SEC. 303. </num><heading>USE OF FUNDS.</heading>
<chapeau class="indent0">Grants shall be awarded under this title for the following purposes:</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/1" id="HB8370655BE884B20992193E5D1AFE79B" class="indent1"><num value="1">(1) </num><content>The construction, reconstruction, rehabilitation, and site improvement of affordable housing and public facilities, including improvements in the energy efficiency or environmental quality of such public facilities or housing.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/2" id="H92EA0DFC039143F395B2BF1ADF2E2FA7" class="indent1"><num value="2">(2) </num><content>The provision of human services, including childcare, health care, support services for individuals and families with special needs, education, after-school and vacation programs for children, and recreational and cultural enrichment programs for persons of all ages.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/3" id="H97144C981A9843EEB564C40892D81CE6" class="indent1"><num value="3">(3) </num><content>Programs that provide disadvantaged youth with opportunities for employment, education, leadership development, entrepreneurial skills development, and training.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/4" id="H8C76DD08C4F5448EB19434B1BFFB657E" class="indent1"><num value="4">(4) </num><content>The repair, remodeling, and beautification of schools, community centers, libraries, and other community-based public facilities, and the augmentation of staffing for the services they provide.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/5" id="H37E5A7BF0FA243098F6F474DD7C2F2FA" class="indent1"><num value="5">(5) </num><content>The restoration and revitalization of abandoned and vacant properties to alleviate blight in distressed and foreclosure-affected areas.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/6" id="HBB9CB38E096047F18A0E00DA43DDA1FB" class="indent1"><num value="6">(6) </num><content>The expansion of emergency food programs to reduce hunger and promote family stability.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/7" id="H202D4C6440854268BF5F1C493F3819BE" class="indent1"><num value="7">(7) </num><content>The augmentation of staffing in Head Start, and other early childhood education programs to promote school readiness, early literacy, life-long learning, and family involvement in their children’s education.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/8" id="H3AFC7803E6DE4D0B8F1C11BA771DAA48" class="indent1"><num value="8">(8) </num><content>The maintenance, renovation and improvement of parks, playgrounds, and other public spaces.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/9" id="HA75C5A6CF7B24970B1BE34AFF512E67A" class="indent1"><num value="9">(9) </num><content>Providing labor for non-capital-intensive aspects of federally or State-funded infrastructure projects.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/10" id="HB7A0BD2508D94B1181C6344D6F27F2E3" class="indent1"><num value="10">(10) </num><content>The implementation of environmental initiatives designed to conserve natural resources, remediate environmental damage, reverse climate change, and achieve environmental sustainability.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/11" id="HE831E990735E4438B26F462301F0F5E4" class="indent1"><num value="11">(11) </num><content>The enhancement of emergency preparedness for natural and other community disasters and of post-emergency assistance for the victims of disasters.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/12" id="H92C5BA5901CD4BB09A9A0ABFEF02313A" class="indent1"><num value="12">(12) </num><content>The expansion of work-study opportunities for secondary and post-secondary students, and the creation of “bridge employment” opportunities for recent graduates who have been unable to find work in the occupations for which they have trained.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/13" id="HA6A68FE4DBCA400E8BCF534527F2169B" class="indent1"><num value="13">(13) </num><content>Programs that emulate the Federal art, music, theater, and writers projects of the Works Projects Administration by providing work for unemployed writers, musicians, artists, dancers and actors on projects that are consistent with the public service and equality-enhancing objectives of this Act.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/14" id="H2740BAF4A0F04C6BA817429A67A35BB1" class="indent1"><num value="14">(14) </num><content>The provision of job training to better equip Program employees to perform their program-funded jobs or to allow unemployed and underemployed individuals to obtain employment for which they otherwise would not qualify.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s303/15" id="H4014ABCA383648A3BC1F96E6BAF6A607" class="indent1"><num value="15">(15) </num><content>Other activities analogous to those described in paragraphs (1) through (14) that address public needs and can be implemented quickly.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s304" id="HCA22F6B58819459396423D40F21D43A4"><num value="304">SEC. 304. </num><heading>GRANT CONDITIONS.</heading>
<chapeau class="indent0">As a condition for receiving a grant under this title, a grant applicant must—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/1" id="H8F5FCFAFB60B4AB18667DD233D513334" class="indent1"><num value="1">(1) </num><chapeau>show that it has, to the extent reasonably possible, consulted with community-based organizations, local government officials, and other interested parties concerning—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/1/A" id="H71BB63AAA66B42A6B859B6CD9F9409D4" class="indent2"><num value="A">(A) </num><content>the needs of the community to be served by the project(s) for which it is seeking funding;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/1/B" id="HF98AD13A416A41BD9D3AB7B27F91AA7F" class="indent2"><num value="B">(B) </num><content>the ways in which its proposed project would serve those needs;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/1/C" id="HFFC89B30000E41A7951354CEA23B6888" class="indent2"><num value="C">(C) </num><content>how it will coordinate its activities with other providers of related services in the community; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/1/D" id="H9AC0E962FAD24CB6B7ACA2203A3E15E6" class="indent2"><num value="D">(D) </num><content>how it will engage with local residents, community-based organizations, government officials, and other interested parties on an ongoing basis during the course of the project(s);</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/2" id="H937064CA6210479D864D945D10FE32EE" class="indent1"><num value="2">(2) </num><content>agree to comply with the nondiscrimination policy set forth under section 109 of the Housing and Community Development Act of 1974 (<ref href="/us/usc/t42/s5309">42 U.S.C. 5309</ref>);</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/3" id="HC51AF99BB9B2470E8EE067BF09C783D5" class="indent1"><num value="3">(3) </num><chapeau>with respect to the funds allocated for each project funded under the grant—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/3/A" id="H4E9E2535E656430EB01DC9EAEBBF448C" class="indent2"><num value="A">(A) </num><content>allocate not less than 75 percent for wages, benefits, and support services such as childcare for Program employees and the limited number of personnel who are permitted to be paid from Program funds under the terms of the grant even though they are not eligible for Program employment; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/3/B" id="HEA2DAC5092774B53BDBE11F1DE0F51E2" class="indent2"><num value="B">(B) </num><content>allocate the remaining funds to defray the nonlabor costs of the project, including necessary capital goods, supplies, materials, rental payments, transportation costs, and other similar expenses;</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/4" id="H8FF873D4079E4A2EB3BDC7A4390234A8" class="indent1"><num value="4">(4) </num><chapeau>use revenue generated by a project funded under the grant (whether in the form of fees paid for services provided by the project, reimbursements for expenses incurred by the project, or income from the sale of goods or services produced by the project) to—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/4/A" id="H9DBF818821F94293BD1E7CF63665D2A3" class="indent2"><num value="A">(A) </num><content>supplement the grant-funded project’s budget; or</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s304/4/B" id="HA006026403E548B5ACACC6727A9FA21C" class="indent2"><num value="B">(B) </num><content>support other projects funded by the grant in conformity with the same rules and requirements that apply to the use of grant funds;</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/5" id="H3DEB4037C64A478E862D0A92F2FCD538" class="indent1"><num value="5">(5) </num><content>agree to return to the Trust Fund any unutilized grant monies and any unutilized income received from the sale of goods and services produced by a grant-funded project;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/6" id="HD8800613B09B44F88C470118CACCF633" class="indent1"><num value="6">(6) </num><content>ensure that any employment funded under the grant complies with sections 305, 306, and 307;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/7" id="H1057B370EB114D64BB5920E88A96A58B" class="indent1"><num value="7">(7) </num><content>institute an outreach program with community organizations and service providers in low-income communities to provide information about employment opportunities funded under the grant;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/8" id="HFFDF25E0F8CD461AB590CFF50A6D6E3E" class="indent1"><num value="8">(8) </num><content>ensure that not less than 35 percent of individuals employed under the grant qualify as disadvantaged, unless there are insufficient numbers of such individuals referable to the project by the local one-stop center, in which case the percentage of such individuals employed under the grant shall be as great as is reasonably possible;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/9" id="HE941A04EC99C4D22AB02F4CCC98F81A8" class="indent1"><num value="9">(9) </num><content>ensure that all grant-funded projects provide adequate job training, either in-house by the Program employer or by not-for-profit training programs under contract with the Program employer, to ensure that the Program employees they hire are able to perform their jobs in a professionally competent manner;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/10" id="H53EA92B60CBB41FBBA0D57D75AE9C6E8" class="indent1"><num value="10">(10) </num><content>agree to carry out all grant-funded projects in a manner that is as ecologically sustainable as is reasonably possible;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/11" id="H8C5BE1C1FE1A48358F97B107FCA30FAA" class="indent1"><num value="11">(11) </num><content>agree to cooperate with the efforts of the Office of Assisted Placement in providing Program employment or grant-funded training for individuals eligible for assisted placement under section 308; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s304/12" id="H832C661453B84C2A89F0A44C7894622E" class="indent1"><num value="12">(12) </num><content>agree to cooperate with the procedures established by the Office of Dispute Resolution in resolving disputes in accord with the provisions of section 313.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s305" id="H72F77E1A0E8448398C0A002968A65A43"><num value="305">SEC. 305. </num><heading>PROGRAM EMPLOYMENT DESCRIBED.</heading>
<chapeau class="indent0">Employment funded under this section shall meet the following specifications:</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/1" id="H8C2A1981982D4DB4AD4CB11ABDB9F0FD" class="indent1"><num value="1">(1) </num><chapeau>Any employer that employs an individual whose employment is funded under the grant shall—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/A" id="HA9A47886445241F083FD4884502496DA" class="indent2"><num value="A">(A) </num><content>continue to employ such individual absent good cause for the termination of the individual’s employment for as long as the project has need of the services provided by the individual or until the individual resigns, whichever comes first;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/B" id="H6C10C82A30CB4F919B19603C45D45454" class="indent2"><num value="B">(B) </num><content>employ such individual for between 35 and 40 hours per week if the individual desires full-time employment, and for a mutually agreed number of hours per week less than 35 if the individual desires part-time employment, except that this requirement shall not apply if a grant recipient’s Employment Opportunity Grant provides otherwise for good cause shown during the application process;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/C" id="H2ADAD767AFCD4B2EA1974C30C23F2124" class="indent2"><num value="C">(C) </num><content>comply with the responsible contractor standards of the Federal Acquisition Regulation (48 C.F.R. 1 et seq.);</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/D" id="H0FBE49DB991A43D7A3907CD37980A7B2" class="indent2"><num value="D">(D) </num><content>pursuant to guidelines established by the Secretary, provide compensation to such individual that is comparable in value to the compensation provided public sector employees who perform similar work in the community where such individual is employed or, if no public sector employees perform such similar work, provide compensation that is of comparable value to the compensation provided public sector employees hired to perform work of comparable worth in the community where such individual is employed;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/E" id="HD45EB80E20E14FCFB4917C3104DDB490" class="indent2"><num value="E">(E) </num><content>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 in accordance with <ref href="/us/usc/t40/ch31/schIV">subchapter IV of chapter 31 of title 40, United States Code</ref>; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/1/F" id="HD6F53868C03F405AA46C31452B0ABE87" class="indent2"><num value="F">(F) </num><chapeau>offer affirmative assistance to such individual in—</chapeau>
<clause identifier="/us/bill/116/hr/1000/tIII/s305/1/F/i" id="H903C8BD7CD5C4708AB656038400D9752" class="indent3"><num value="i">(i) </num><content>applying for social benefits for which such individual or the members of such individual’s family may be eligible; and</content></clause>
<clause identifier="/us/bill/116/hr/1000/tIII/s305/1/F/ii" id="H251AA0E396BA416A834015CCAB2C1ED0" class="indent3"><num value="ii">(ii) </num><content>satisfying continuing reporting obligations required to maintain eligibility for social benefits such individual or the members of such individual’s family are receiving.</content></clause></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/2" id="H3AB8D2DE4EF14D43B4D9107AFE7DC74C" class="indent1"><num value="2">(2) </num><chapeau>Any grant recipient that operates a training Program funded under this title shall—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/2/A" id="HFD120BAD0A654FAEAFF5894AF693E2B2" class="indent2"><num value="A">(A) </num><content>provide Program trainees a cost-of-living stipend set pursuant to standards established by the Secretary and made payable to the Program trainee as long as the Program trainee maintains satisfactory attendance, participation, and progress in the training Program; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/2/B" id="H0BD22F7980AB406A91AEA1D69DFD7FAA" class="indent2"><num value="B">(B) </num><chapeau>offer affirmative assistance to individuals enrolled in the training program in—</chapeau>
<clause identifier="/us/bill/116/hr/1000/tIII/s305/2/B/i" id="H6017FF05D367430E8EE5348DCC48FFC9" class="indent3"><num value="i">(i) </num><content>applying for social benefits for which they or the members of their family may be eligible; and</content></clause>
<clause identifier="/us/bill/116/hr/1000/tIII/s305/2/B/ii" id="H922CECDE28FC48F0949B7323C6E32BFB" class="indent3"><num value="ii">(ii) </num><content>satisfying continuing reporting obligations required to maintain eligibility for social benefits they or members of their family are receiving.</content></clause></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/3" id="H2B9FB5471A0C4074B03608AF58B1D160" class="indent1"><num value="3">(3) </num><chapeau>No individual whose employment is funded under this Act may work for an employer at which a collective bargaining agreement is in effect covering the same or similar work, unless—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/3/A" id="HA675F92C1C6F45ED8B7BFE7195735E5E" class="indent2"><num value="A">(A) </num><content>the consent of the union at such employer is obtained; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/3/B" id="H5856CED233B340E99C07928BBBCC7E1C" class="indent2"><num value="B">(B) </num><content>negotiations have taken place between such union and the employer as to the terms and conditions of such employment.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/4" id="H745D501D7F0F4EA5A065CCA9C2E2DA6A" class="indent1"><num value="4">(4) </num><content>No individual may be hired by a not-for-profit organization in a position funded under this Act to perform functions or services that are customarily performed, either exclusively or almost exclusive by a Unit of General Local Government unless the Unit of General Local Government in question refuses to apply for Program funding to expand or improve its own performance of the functions or services in question.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/5" id="HB087984D092646849E8ACF5D75827A92" class="indent1"><num value="5">(5) </num><chapeau>No individual whose employment is funded under this Act may be employed in a position if—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/5/A" id="H8084F495A3814FF2AFBB6B30C69F2C3C" class="indent2"><num value="A">(A) </num><content>employing such individual will result in the layoff or partial displacement (such as a reduction in hours, wages, or employee benefits) of an existing employee of the employer; or</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s305/5/B" id="HFD4F44B5DF0041D2AC7EA9E340E34958" class="indent2"><num value="B">(B) </num><content>such individual will perform the same or substantially similar work that had previously been performed by an employee of the employer who has been laid off within the preceding 12 months or has been partially displaced as that term is described in subparagraph (A) unless the employee has declined an offer of reinstatement to the position the employee occupied immediately prior to being laid off or partially displaced.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/6" id="H0C6F70F811324F7C829D82A671C19DCD" class="indent1"><num value="6">(6) </num><content>No individual may be hired for a position funded under this Act in a manner that infringes upon the promotional opportunities of an existing employee of the Program employer.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s305/7" id="H7D8379DA77F1448EBE686FE495C4F2AC" class="indent1"><num value="7">(7) </num><content>Program employees shall qualify as public sector employees for purposes of all otherwise applicable Federal, State, and local laws.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s306" id="HF5303E1B3E4244F9A2004533E7A900B6"><num value="306">SEC. 306. </num><heading>ELIGIBILITY FOR PROGRAM EMPLOYMENT.</heading>
<subsection identifier="/us/bill/116/hr/1000/tIII/s306/a" id="HB392E5A153A149868E2D1D7D92CD843C" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Certification by One-Stop Center</inline>.—</heading><content>An individual seeking Program employment shall have his or her eligibility for such employment certified by a one-stop center serving the area where the Program employment is located.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s306/b" id="H7EB989E2603F4C8280E99AA6A82C7208" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Requirements for Certification</inline>.—</heading><chapeau>To be certified as eligible for such employment, the individual must satisfy at least one of the following conditions as of the date the individual is hired to fill a job funded under this Act:</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/b/1" id="H054C0DA9D9C54EF09CD6D3D6F62CCBDC" class="indent1"><num value="1">(1) </num><content>The individual has been unemployed for less than 30 days and is eligible to receive Unemployment Insurance benefits.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/b/2" id="H83A18F62B3C446B39B1CF44E2BA003B2" class="indent1"><num value="2">(2) </num><content>The individual is unemployed and has been registered at and seeking employment with the assistance of a one-stop center for not less than 30 days prior to the date on which the individual is so hired.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/b/3" id="H852D5FC7A8C2455F9BCE48FFAE542C7A" class="indent1"><num value="3">(3) </num><content>The individual has been employed part-time while registered at and seeking full-time employment with the assistance of a one-stop center for not less than 30 days prior to the date the individual is so hired.</content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s306/c" id="H8DC48EEB5B4E415AB2C15A819FB1C91D" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Availability for Non-Program Employment</inline>.—</heading>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/c/1" id="H45F822153BDF4DD3A401847D02AE96A5" class="indent1"><num value="1">(1) </num><content>All Program employees shall be automatically registered with the one-stop center serving the area where the individual resides as available for and seeking work.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/c/2" id="H90D775D668724CAC840736D86024E642" class="indent1"><num value="2">(2) </num><content>The one-stop center serving the area where a Program employee resides shall screen inquiries from employers concerning available jobs and forward those that seem suitable to qualified Program employees.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/tIII/s306/c/3" id="H8C0AC89E6C584FD1BF2105BA067F3FE0" class="indent1"><num value="3">(3) </num><chapeau>For purposes of paragraph (2), the term “<term>suitable</term>”, used with respect to a job, means an offer of employment that—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s306/c/3/A" id="HF2FF609F881E44EA8A3AE6F0F354C5C0" class="indent2"><num value="A">(A) </num><content>a newly unemployed individual who has just begun receiving Unemployment Insurance benefits would be required to accept in order to avoid forfeiting their eligibility for continued receipt of such benefits under the laws of the State in which the Program employee is employed; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s306/c/3/B" id="H2EAAA2FF89DC4C2BA0A9F9752E08A5F4" class="indent2"><num value="B">(B) </num><content>is reasonably expected to last at least 6 months.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/c/4" id="H07F17563FC344EC6A98FF5FB8142A7F4" class="indent1"><num value="4">(4) </num><content>Program employees shall be provided time off with pay to respond to inquiries regarding suitable non-Program job openings.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/c/5" id="H8F65C48D74CC412B9EB7C84FA044B941" class="indent1"><num value="5">(5) </num><chapeau>A Program employee who refuses a suitable job offer resulting from such an inquiry without good cause shall—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s306/c/5/A" id="HFD18B63570C340B7AB0528508A42A521" class="indent2"><num value="A">(A) </num><content>forfeit their eligibility for Program employment for a period of 30 days, subject to the same procedures and right of appeal that applies to recipients of Unemployment Insurance who refuse suitable employment; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s306/c/5/B" id="HF96B6885D1C54F3B990423D61D0BEF32" class="indent2"><num value="B">(B) </num><content>maintain their eligibility for Program employment until such proceedings are completed.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/c/6" id="H66700A47380B4410816D30767C43291A" class="indent1"><num value="6">(6) </num><content>A Program employee who terminates their Program employment in order to accept other employment, and who subsequently is terminated from that other employment without fault on the individual’s part, or who terminates that employment voluntarily for good cause, shall be eligible for immediate reemployment in a job funded under this Act.</content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s306/d" id="HF045AC6F84944E37A29781B367986CCD" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Involuntary Termination of Program Employment</inline>.—</heading>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/d/1" id="H2D2977E8064542D3AD679AD85FC540EB" class="indent1"><num value="1">(1) </num><content>A Program employee who is involuntarily terminated from their Program Job for inadequate performance of job responsibilities shall not lose their eligibility for employment in another Program-funded job.</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s306/d/2" id="H39218BE41898468D8E916964E34AA64D" class="indent1"><num value="2">(2) </num><content>A Program employee who is involuntarily terminated for misconduct shall lose their eligibility for Program employment for 30 days.</content></paragraph></subsection></section>
<section identifier="/us/bill/116/hr/1000/tIII/s307" id="HC2D33993BC434E9CB7F56705358B92EF"><num value="307">SEC. 307. </num><heading>COMPENSATION.</heading>
<chapeau class="indent0">For purposes of section 305(1)(D)—</chapeau>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/tIII/s307/1" id="HBF8A09B22045413895ECC110649A4D1F" class="indent1"><num value="1">(1) </num><content>The term “<term>compensation</term>” shall mean hourly wage rates, paid and unpaid leave time, retiree benefits, group life insurance, disability insurance, and health benefits.</content></paragraph>
<paragraph role="definitions" identifier="/us/bill/116/hr/1000/tIII/s307/2" id="HF000EA4C2E9A46DFB6D0AE4FC1D76BA1" class="indent1"><num value="2">(2) </num><chapeau>The term “<term>comparable in value</term>” shall mean—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/2/A" id="HB304B6EF72144CD08AAD94F6E78B12F5" class="indent2"><num value="A">(A) </num><content>as regards hourly wage rates, the same hourly wage rate;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/2/B" id="H25AF93BE075E4BC1B54FBF9E3D314DAA" class="indent2"><num value="B">(B) </num><content>as regards paid and unpaid leave time, the same paid and unpaid leave time;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/2/C" id="H7D87A93473584B758934CEB9B47A6E55" class="indent2"><num value="C">(C) </num><content>as regards retiree benefits, a defined contribution benefit of comparable actuarial value provided in a plan established and administered by the Secretary;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/2/D" id="HB09F6BAE980E43779E98FCF778399D3F" class="indent2"><num value="D">(D) </num><content>as regards group life and disability insurance benefits, an actuarially equivalent benefit provided in a plan established and administered by the Secretary; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/2/E" id="H75301F89640549C5BE475DAFFFB46E2A" class="indent2"><num value="E">(E) </num><content>as regards health benefits, access to health insurance that provides approximately the same level of benefits for approximately the same employee contribution under the provisions of paragraph (3).</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s307/3" id="HD48989B23BC942D48824F1BB944AE4BA" class="indent1"><num value="3">(3) </num><chapeau>Unless a Program Grant provides otherwise for good cause shown by the grant applicant, a Program employer shall satisfy the requirements of this section relating to the provision of health benefits by providing affirmative assistance to each of its Program employees in obtaining health benefits through a State Health Exchange, as permitted by the following exceptions to the ACA that apply only to Program employees as hereby enacted:</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/3/A" id="HDBB042B59D0C4207A9A0172A53B49477" class="indent2"><num value="A">(A) </num><content>The acquisition by a Program employee of such benefits through a Health Exchange shall not trigger tax penalties that would otherwise apply to the employee or the employee’s employer under the ACA.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/3/B" id="H16BF269093ED49EBB7D1026DE99C7A1B" class="indent2"><num value="B">(B) </num><content>Program employees who apply for health benefits under this paragraph shall be eligible for the same State Health Subsidy Programs as employed individuals who do not have access to an “eligible employer-sponsored plan” as that term is defined in <ref href="/us/usc/t26/s5000A/f/2">section 5000A(f)(2) of title 26, United States Code</ref>.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/3/C" id="HF208F22517E54998805B389F35EC4C95" class="indent2"><num value="C">(C) </num><content>Any premiums a Program employee is required to pay for a health plan obtained under this subparagraph shall be paid by the employee’s Program employer via payroll deductions.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/3/D" id="H7B909D912A3843B78E149EBCEF82659F" class="indent2"><num value="D">(D) </num><content>A Program employee’s wages shall be adjusted on an individual basis to the extent necessary to satisfy the comparable-value requirement of section 305(1)(D) taking into consideration the tax treatment accorded any additions or subtractions from the employee’s wages required to satisfy that comparable-value requirement.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/3/E" id="H9522FCDB59BE42CFB0F59A403BEB6BB4" class="indent2"><num value="E">(E) </num><content>Program employers shall not be subject to the penalty set forth in <ref href="/us/usc/t26/s4980D">section 4980D of title 26, United States Code</ref>, based on wage adjustments that comply with this paragraph.</content></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s307/4" id="H1D07B4B777DB4B69B26964AE0B5E463E" class="indent1"><num value="4">(4) </num><content>In consideration for the savings the Program established under this Act will generate in health care spending by all levels of government, the subsidy costs borne by the Federal Government or by State and local governments in providing health benefits to Program employees under paragraph (3) shall not be chargeable to or reimbursed from the Program’s budget.</content></paragraph>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tIII/s307/5" id="HC0D81797351E40C5B34D56CA94A84B9E" class="indent1"><num value="5">(5) </num><chapeau>Chapter 43 of the Internal Revenue Code of 1986 <amendingAction type="amend">is amended</amendingAction> by—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/5/A" id="H0B4A405FE737448CAE8F8C3D0A6630D1" class="indent2"><num value="A">(A) </num><content>renumbering section 4980D(c)(4) as section 4980D(c)(5); and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s307/5/B" id="H2B0D5C97B981469E9D7B87B18F9E59C1" class="indent2"><num value="B">(B) </num><content><amendingAction type="insert">inserting</amendingAction> the following new section 4980D(c)(4):
<quotedContent id="H87BA9788B64F45EE8032B7A4E6C2981C" styleType="OLC">
<paragraph id="HA8EDF12EB4574E92B1A05E172A96F84C" class="indent1"><num value="4">“(4) </num><heading><inline class="smallCaps">Tax not to apply to certain premium reimbursements</inline>.—</heading><content>No tax shall be imposed by subsection (a) on payments or reimbursements of health insurance premiums made pursuant to section 307(3)(C) or (D) of the Jobs for All Act.”</content></paragraph></quotedContent><inline role="after-quoted-block">.</inline></content></subparagraph></paragraph>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tIII/s307/6" id="H77EA902006D744119B00C13DB5E868FF" class="indent1"><num value="6">(6) </num><content>Chapter 1 of the Internal Revenue Code of 1986 <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after section 106(g) the following new subsection (h):
<quotedContent id="HB8FF0A30419D4D2DA1FB8C35B19E897A" styleType="OLC">
<subsection id="HBF02917BB56D42F4AAF2C50C9A946A39" class="indent0"><num value="h">“(h) </num><heading><inline class="smallCaps">Reimbursements of Certain Health Insurance Premiums</inline>.—</heading><content>For purposes of this section, payments or reimbursements of health insurance premiums made pursuant to section 307(3)(C) or (D) of the Jobs for All Act shall not be included in the gross income of the employee.”</content></subsection></quotedContent><inline role="after-quoted-block">.</inline></content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s308" id="H4D5EC7FD589F4CEDB3BF1A1CEF6D41A2"><num value="308">SEC. 308. </num><heading>ASSISTED PLACEMENT.</heading>
<subsection identifier="/us/bill/116/hr/1000/tIII/s308/a" id="HD001F9DDD5164CC7A8DD6B2AFD1CFF84" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Individuals Eligible for Assisted Placement</inline>.—</heading><chapeau>Individuals eligible for assisted placement shall include—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/a/1" id="H0A0CF147096449379E6C15EA61FBB804" class="indent1"><num value="1">(1) </num><content>individuals who have been unable to find Program employment within 30 days following the certification of their eligibility for such employment;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/a/2" id="H474713C41C2548F7BA3AC7310413C1BE" class="indent1"><num value="2">(2) </num><content>individuals who are certified as eligible for assisted placement by a one-stop center because of special circumstances that make it unlikely the individual will be able to find employment within a reasonable period of time without assisted placement services; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/a/3" id="HB8515631A4B54162980ACD4F0B0E5E0C" class="indent1"><num value="3">(3) </num><chapeau>individuals whose qualifications and work experience are such that they need additional training to qualify for a job that pays enough to meet their own and their dependent’s reasonable needs.</chapeau>
<subparagraph role="definitions" identifier="/us/bill/116/hr/1000/tIII/s308/a/3/A" id="H7F0EA11427644AE49405DA0FBF17E40D" class="indent2"><num value="A">(A) </num><content>For purposes of this paragraph and subsection (c) of this section, the term “<term>dependents</term>” shall mean persons claimable as dependents on the individual’s Federal income tax return.</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s308/a/3/B" id="H654E01B181DD4AF2A936B3E01B1005E0" class="indent2"><num value="B">(B) </num><content>The Secretary shall engage in notice-and-comment rulemaking to establish a methodology for developing reasonable-needs standards for use in implementing this paragraph.</content></subparagraph></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s308/b" id="HD7BA400436F54E038BD7510BA4660B33" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Assisted Placement Services</inline>.—</heading><chapeau>Upon the registration of an eligible individual for assisted placement services, the Assisted Placement Office shall—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/1" id="H7D603E9891BD494086B89785B176EB8F" class="indent1"><num value="1">(1) </num><content>assess the individual’s qualifications for employment and his or her interests in particular kinds of employment or training;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/2" id="H58C28847B7954A3681ADF77EB319F6C2" class="indent1"><num value="2">(2) </num><content>identify opportunities for Program employment that appear to be suitable for the individual in light of the individual’s qualifications and interests, along with any training opportunities that also may be of interest to the individual;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/3" id="H7F93EDB2E7C74F78B4D3C867A28A11E8" class="indent1"><num value="3">(3) </num><content>discuss these opportunities for Program employment and training with the individual;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/4" id="HCD3EF8DF812B4254A443183DC498D85D" class="indent1"><num value="4">(4) </num><content>for those opportunities the individual expresses an interest in pursuing, contact the grant recipient offering the opportunity, remind the grant recipient of its obligation to cooperate with the Assisted Placement Office in placing individuals in Program employment or desired training, and arrange an interview for the individual to explore whether a mutually acceptable placement is possible with the grant recipient;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/5" id="HA088C632FABA4991BA505F7368F73810" class="indent1"><num value="5">(5) </num><content>follow up with both the individual and grant recipients to whom the individual has been referred to ascertain whether a placement has been achieved, and if not why;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/6" id="HFEBC302472124407A7AFDD156C8D5707" class="indent1"><num value="6">(6) </num><content>provide individual counseling and support services for individuals eligible for assisted placement as needed to achieve a successful placement;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/7" id="H789BA91B8EF2427EBEAF57286FEA8A62" class="indent1"><num value="7">(7) </num><content>provide support services and additional funding to grant recipients, as needed, to accommodate the special needs of individuals who need such accommodation to find and succeed in Program employment or training; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/b/8" id="HF2E82EF4FE734FC9904A17FFBA47F0E1" class="indent1"><num value="8">(8) </num><content>continue to work with the individual until a successful placement in Program employment or grant-funded training has been achieved, or until the Assisted Placement Office concludes, supported by adequate documentation, that the individual is unable or unwilling to provide the level of cooperation required to obtain and succeed in Program employment or grant-funded training, in which case the Assisted Placement Office shall offer assistance to the individual in arranging appropriate services to address the problems that are interfering with the individual’s ability to find and succeed in Program employment or training.</content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s308/c" id="H7F02C89D999D41B699D67E9356A6CD90" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Additional Assistance Available</inline>.—</heading><chapeau>To the extent necessary to ensure that individuals who qualify for assisted placement under this section are able to earn enough to meet their own reasonable needs and those of their dependents, the Assisted Placement Office shall have the authority—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/c/1" id="H2C3223EA3A5A4BFEB183F779B4A9F117" class="indent1"><num value="1">(1) </num><content>to arrange preferential placement for such individuals in grant-funded training programs, and following the completion of their training, provide assisted placement services to such individuals to ensure that they secure employment inside or outside the Program in a job that utilizes their newly acquired skills;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/c/2" id="HFB4B06FFF55746C1A33C1B8FD65BE767" class="indent1"><num value="2">(2) </num><content>to the extent necessary, to meet their reasonable needs, provide such individuals with preferential access to goods and services produced by the Program, such as affordable housing and childcare services;</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/c/3" id="HA9CA1DCF42674CA7A856918DFF223136" class="indent1"><num value="3">(3) </num><content>to supplement the income of such individuals with the equivalent of a voucher for housing assistance under section 8(o) of the United States Housing Act of 1937, if such a voucher is not otherwise available; and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s308/c/4" id="H4E72FF7CF737422384674D8233AF10F8" class="indent1"><num value="4">(4) </num><content>to furnish such individuals with other income supplements that expand eligibility for or add value to the Earned Income Tax Credit (<ref href="/us/usc/t26/s32">26 U.S.C. 32</ref>), the Child Tax Credit (<ref href="/us/usc/t26/s24">26 U.S.C. 24</ref>), or the Low Income Home Energy Assistance program (<ref href="/us/usc/t42/s8621/etseq">42 U.S.C. 8621 et seq.</ref>).</content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s308/d" id="H8413E5D5E11A477A91E319BD7A90C824" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Grant Recipient’s Obligation To Cooperate</inline>.—</heading><content>Grant recipients shall cooperate with efforts to provide assisted placement to individuals eligible for assisted placement under subsection (a). This duty shall mean, among other things, that a grant recipients must have good cause to refuse Program employment to a person referred to it for assisted placement.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tIII/s309" id="HD20CA500E9604702988077AC7B79759A"><num value="309">SEC. 309. </num><heading>PRIORITY GIVEN TO CERTAIN PROJECTS.</heading>
<chapeau class="indent0">Priority in the award of Employment Opportunity Grants shall be accorded to projects that—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s309/1" id="H0DF3D27C41FF409FA4E393FC29044BCD" class="indent1"><num value="1">(1) </num><content>provide goods and services, such as childcare, transportation, affordable housing, job training, and peer support, that make it easier for individuals who want to work to do so; or</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s309/2" id="HF3669560DF4D41ED82A83E9712AE8A93" class="indent1"><num value="2">(2) </num><chapeau>serve areas with the greatest level of economic need, determined for each such area by factors such as—</chapeau>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/A" id="H73FE6777BAC946BEBA8CBCF9CF85F2B0" class="indent2"><num value="A">(A) </num><content>the unemployment rate;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/B" id="H69CBEDBA08C74EB28A3385FBC5507779" class="indent2"><num value="B">(B) </num><content>the rate of poverty;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/C" id="HDB0319718C694D0EB208DDD287E368A4" class="indent2"><num value="C">(C) </num><content>the number of census tracts in the area with concentrated poverty;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/D" id="HBFA11B3E798A427792E2B8993E840D9E" class="indent2"><num value="D">(D) </num><content>the level of median income in the area;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/E" id="H0CDC48DD1F6149C998EDC01513669AF3" class="indent2"><num value="E">(E) </num><content>the percentage of residential units in the area that appear to have been abandoned;</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/F" id="HD74C1677B89D4BC8A2A2A1387D58546F" class="indent2"><num value="F">(F) </num><content>the percentage of homes in the area that are in foreclosure; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/hr/1000/tIII/s309/2/G" id="H9CC4C2B50B91486DBADCCFA122723EF2" class="indent2"><num value="G">(G) </num><content>indicators of poor resident health, including high rates of chronic disease, infant mortality, and low life expectancy.</content></subparagraph></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s310" id="H410A39708A7A48EB82495041AD0E2A75"><num value="310">SEC. 310. </num><heading>STARTUP PERIOD.</heading>
<chapeau class="indent0">Since it will take time for the Program established by this Act to develop the project-management experience and project-development capacity needed to fully achieve the Act’s goals, the Secretary shall have the authority to establish reasonable priorities in planning and executing the implementation of this Act, provided—</chapeau>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s310/1" id="H172D0C0B2DD5414DA24730A06DFFF393" class="indent1"><num value="1">(1) </num><content>the number of jobs created in each community during the startup period is roughly proportionate to the level of unemployment, involuntary part-time employment, and non-labor force participation by persons who want and are available to accept jobs in each community, and</content></paragraph>
<paragraph identifier="/us/bill/116/hr/1000/tIII/s310/2" id="HE01B66778A644AFB86E3C2534A2AB52C" class="indent1"><num value="2">(2) </num><content>the type of jobs created in each community disproportionately favor those individuals and population groups who enjoy the fewest alternative employment opportunities.</content></paragraph></section>
<section identifier="/us/bill/116/hr/1000/tIII/s311" id="H4B45C7F213F44523811DFF65AC84D855"><num value="311">SEC. 311. </num><heading>SECRETARY’S AUTHORITY TO ADMINISTER PROJECTS DIRECTLY.</heading>
<subsection identifier="/us/bill/116/hr/1000/tIII/s311/a" id="HCB3E2EC459AC4238AB464273AA4425F0" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>The Secretary shall have the authority to use Trust Fund monies to establish and directly administer job creation projects during the startup period provided for in section 310.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s311/b" id="HFC7C559182AB47F8A65D00684B3AC362" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">When the Startup Period Has Ended</inline>.—</heading><content>Once the startup period described in section 125 has ended, the Secretary shall have a continuing obligation to ensure the availability of enough jobs to provide suitable work for everyone who wants it everywhere in the Nation, including by the direct administration of job creation projects to the extent necessary or useful in achieving the purposes of this Act.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tIII/s312" id="H9D79381935094F03A598B40435EB510E"><num value="312">SEC. 312. </num><heading>REPORTS.</heading>
<subsection identifier="/us/bill/116/hr/1000/tIII/s312/a" id="HC6F3C30C0B9C472988C8C4D04786DC2B" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Reports by Grant Recipients</inline>.—</heading><content>Not later than 90 days after the last day of each fiscal year for which grant funding has been provided under this title, grant recipients shall submit to the Secretary a report containing such information as the Secretary requires concerning their use of their grant.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s312/b" id="H8CD5DE1F7EFA46B1AD814B22FB7E2831" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Report to Congress</inline>.—</heading><content>At least once every 6 months, the Secretary shall report to Congress on the Act’s implementation and effects.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tIII/s313" id="H0D2EA4B224664B5DB0215D147A873F32"><num value="313">SEC. 313. </num><heading>DISPUTE RESOLUTION.</heading>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/a" id="H455F47BE649440F787B618224ADA0FFD" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Disputes Concerning the Allocation or Use of Program Funds</inline>.—</heading><content>Alleged improprieties involving the allocation or use of Program funds, including, without limitation, alleged violations of paragraph (3), (4), or (5) of section 304, shall be investigated by the Office of Dispute Resolution pursuant to rules and procedures established by the Secretary. Those rules and procedures shall be designed to ensure a prompt and fair review of the contested matter based on the obligation of all interested parties to full and transparent cooperation with the investigation. A failure to provide such cooperation shall be deemed to support a conclusion that the information being sought would be adverse to the noncooperating party’s interests. Any administrative response ordered by the Office of Dispute Resolution as a result of its investigation shall be designed to further the goals and integrity of the Program.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/b" id="H2F14B9C27E05482A9D855AD94BD5D85D" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Disputes Arising Out of Program Employment and Training</inline>.—</heading><content>Disputes regarding an individual’s eligibility for Program employment or training, the terms and conditions of the individual’s Program employment or training, the imposition of discipline on a Program employee or Program trainee, the involuntary termination of an individual’s Program employment or training, or any other individual right, whether created by this Act or based on otherwise existing law, may be submitted by the adversely affected individual for resolution pursuant to the rules and procedures established for the resolution of such disputes by the Office of Dispute Resolution.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/c" id="H5C7937E1108942A59E055BC9B0CA8C09" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Waiver of Rights</inline>.—</heading><content>For disputes falling within the scope of subsection (b), the election by an individual to pursue a legal remedy other than that provided by the Program’s dispute resolution system shall automatically waive the individual’s right to submit the dispute to the Program’s dispute resolution system unless all parties to the dispute agree to the termination of the other legal proceeding and the submission of the dispute for resolution under subsection (b).</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/d" id="H8C6FEF7B726A43EC862025BE18CB7749" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Breaches of a Collective Bargaining Agreement</inline>.—</heading><content>If a dispute falling within the scope of subsection (a) or (b) includes an alleged breach of a collective bargaining agreement (“CBA”), the jurisdiction of the Program’s Office of Dispute Resolution may not be invoked to decide any issue that depends on the interpretation of the CBA, but it may be invoked under subsection (a) or (b), as appropriate, to decide other aspects of the dispute, either before the contract dispute is resolved if both parties to the CBA agree to the submission, or after the contract dispute has been resolved if issues remain that are suitable for resolution by the Office of Dispute Resolution.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/e" id="H4FFDDCC912CB4A6B89DCF3BBA137B459" class="indent0"><num value="e">(e) </num><heading><inline class="smallCaps">Other Disputes</inline>.—</heading><content>Persons or entities that claim to have suffered a legally cognizable detriment as a result of a violation of this Act that does not fall within the scope of subsection (a) or (b) may have their claim investigated and obtain an appropriate administrative response by filing a complaint with the Office of Dispute Resolution.</content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s313/f" id="HBB66ACFF3A26497D935140657371CA2E" class="indent0"><num value="f">(f) </num><heading><inline class="smallCaps">Whistleblower Hotline</inline>.—</heading><content>In addition to the procedures established by the Secretary to formally invoke the jurisdiction of the Office of Dispute Resolution, information involving alleged violations of this Act may be reported informally to the Office of Dispute Resolution.</content></subsection></section>
<section identifier="/us/bill/116/hr/1000/tIII/s314" id="H0DE42EE8B105445CB6613F774434BA41"><num value="314">SEC. 314. </num><heading>TAX ON SECURITIES TRANSACTIONS.</heading>
<subsection role="instruction" identifier="/us/bill/116/hr/1000/tIII/s314/a" id="H7EED04BD6B5849F5962387A8B768CDB5" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>Chapter 36 of the Internal Revenue Code of 1986 <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after subchapter B the following new subchapter:
<quotedContent id="H9D27B43432C14D24ADDA13D150A19166" styleType="OLC"><subchapter id="H60DF9ED2970B42AEB8B8782ADF7C230D"><num value="C">“Subchapter C—</num><heading>Tax on Securities Transactions</heading>
<section id="H7E40F9F1262C4081919765BFF268FA6A"><num value="4475">“SEC. 4475. </num><heading>TAX ON TRADING TRANSACTIONS.</heading>
<subsection id="H3B143162CD8347EE8C40D4181B5D964A" class="indent0"><num value="a">“(a) </num><heading><inline class="smallCaps">Imposition of Tax</inline>.—</heading><content>There is hereby imposed a tax on the transfer of ownership in each covered transaction with respect to any security.</content></subsection>
<subsection id="H85FCAA316F374AB9B9DA8E12D7DDDDAB" class="indent0"><num value="b">“(b) </num><heading><inline class="smallCaps">Rate of Tax</inline>.—</heading><chapeau>The tax imposed under subsection (a) with respect to any covered transaction shall be the applicable percentage of the specified base amount with respect to such covered transaction. The applicable percentage shall be—</chapeau>
<paragraph id="H50300685EF6549ADB24F1AC025A401D2" class="indent1"><num value="1">“(1) </num><content>0.2 percent in the case of a security described in subparagraph (A) or (B) of subsection (e)(1),</content></paragraph>
<paragraph id="H1E469503B43C4EAABA82F939555CE432" class="indent1"><num value="2">“(2) </num><content>0.06 percent in the case of a security described in subparagraph (C) of subsection (e)(1),</content></paragraph>
<paragraph id="H6004CCA46D184393ADC7543B54331D48" class="indent1"><num value="3">“(3) </num><content>0.2 percent in the case of a security described in subparagraph (D) of subsection (e)(1) if the underlying assets on which the rights and obligations created by the security are based consist of other securities described in subparagraph (A) or (B) of subsection (e)(1),</content></paragraph>
<paragraph id="H43842B24DE3943C5A8779ACD82F9AAA0" class="indent1"><num value="4">“(4) </num><content>0.2 percent in the case of a security described in subparagraph (F) of subsection (e)(1) if the index on which the rights and obligations created by the security are based is an index referencing the values of securities described in subparagraph (A) or (B) of subsection (e)(1)(A), and</content></paragraph>
<paragraph id="HCC5029C602384B9882769111C1F648A0" class="indent1"><num value="5">“(5) </num><content>0.06 percent in the case of any security described in subparagraph (D), (E), or (F) of subsection (e)(1) (other than a security described in paragraph (3) or (4)).</content></paragraph></subsection>
<subsection role="definitions" id="H22B48B183E4440ED868B09DC4834817D" class="indent0"><num value="c">“(c) </num><heading><inline class="smallCaps">Specified Base Amount</inline>.—</heading><chapeau>For purposes of this section, the term ‘<term>specified base amount</term>’ means—</chapeau>
<paragraph id="H5446B7F1779E4D37AC8F53C717E9E473" class="indent1"><num value="1">“(1) </num><content>except as provided in paragraph (2), the fair market value of the security (determined as of the time of the covered transaction), and</content></paragraph>
<paragraph id="H193F3E7AF84244A39E8460464B9CE914" class="indent1"><num value="2">“(2) </num><content>in the case of any payment described in subsection (h), the amount of such payment.</content></paragraph></subsection>
<subsection role="definitions" id="H505E4CD5B9B641D98E28CAF84A081953" class="indent0"><num value="d">“(d) </num><heading><inline class="smallCaps">Covered Transaction</inline>.—</heading><chapeau>For purposes of this section, the term ‘<term>covered transaction</term>’ means—</chapeau>
<paragraph id="HA51BA0021DEA48F18CAD7DEB83549AA0" class="indent1"><num value="1">“(1) </num><chapeau>except as provided in paragraph (2), any purchase if—</chapeau>
<subparagraph id="H61238C4CF6A04E959F357DF0F25AD767" class="indent2"><num value="A">“(A) </num><content>such purchase occurs or is cleared on a facility located in the United States, or</content></subparagraph>
<subparagraph id="HED4887D015C945439BCFD64D8C4A1A30" class="indent2"><num value="B">“(B) </num><content>the purchaser or seller is a United States person, and</content></subparagraph></paragraph>
<paragraph id="H4B415C72569B4E8DA55569555B7106EC" class="indent1"><num value="2">“(2) </num><chapeau>any transaction with respect to a security described in subparagraph (D), (E), or (F) of subsection (e)(1), if—</chapeau>
<subparagraph id="H12094F8AD3194891B344BB06818BF639" class="indent2"><num value="A">“(A) </num><content>such security is traded or cleared on a facility located in the United States, or</content></subparagraph>
<subparagraph id="H374F99974B1B42B0BF54DEFDF304B768" class="indent2"><num value="B">“(B) </num><content>any party with rights under such security is a United States person.</content></subparagraph></paragraph></subsection>
<subsection id="H8BF6C18238D449E9964E76EBA13F55ED" class="indent0"><num value="e">“(e) </num><heading><inline class="smallCaps">Security and Other Definitions</inline>.—</heading><chapeau>For purposes of this section—</chapeau>
<paragraph role="definitions" id="H1DBB7674F74F4929BBFB17218CC779D9" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">Security</inline>.—</heading><chapeau>The term ‘<term>security</term>’ means—</chapeau>
<subparagraph id="H11DB61621A984D4CB36D6635D6CD51B0" class="indent2"><num value="A">“(A) </num><content>any share of stock in a corporation,</content></subparagraph>
<subparagraph id="H210779587D774B08A84DB08198CF69DE" class="indent2"><num value="B">“(B) </num><content>any partnership or beneficial ownership interest in a partnership or trust,</content></subparagraph>
<subparagraph id="H6AC9E1EEA0224DE9B7F4B7EFC23FA8E3" class="indent2"><num value="C">“(C) </num><content>any note, bond, debenture, or other evidence of indebtedness, other than a State or local bond the interest of which is excluded from gross income under section 103(a),</content></subparagraph>
<subparagraph id="H3A8853990C4D4863ABA961F0B627F399" class="indent2"><num value="D">“(D) </num><content>any evidence of an interest in, or a derivative financial instrument with respect to, any security or securities described in subparagraph (A), (B), or (C),</content></subparagraph>
<subparagraph id="HECB52CC79E82448AAFBFFA2ED92B563C" class="indent2"><num value="E">“(E) </num><content>any derivative financial instrument with respect to any currency or commodity including notional principal contracts, and</content></subparagraph>
<subparagraph id="H082F01EE7605479AB053A0F99D3450D0" class="indent2"><num value="F">“(F) </num><content>any other derivative financial instrument any payment with respect to which is calculated by reference to any specified index.</content></subparagraph></paragraph>
<paragraph role="definitions" id="HE1EB4CAB7A0D45A1B5EB6096A9C63420" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">Derivative financial instrument</inline>.—</heading><content>The term ‘<term>derivative financial instrument</term>’ includes any option, forward contract, futures contract, notional principal contract, or any similar financial instrument.</content></paragraph>
<paragraph role="definitions" id="H94A69B68B2824DDAB65BA946F22CCF0C" class="indent1"><num value="3">“(3) </num><heading><inline class="smallCaps">Specified index</inline>.—</heading><chapeau>The term ‘<term>specified index</term>’ means any one or more of any combination of—</chapeau>
<subparagraph id="H3A0204813C5347D180AAA21AC509B12C" class="indent2"><num value="A">“(A) </num><content>a fixed rate, price, or amount, or</content></subparagraph>
<subparagraph id="HB977428D41AB4142AED912D454ABBB58" class="indent2"><num value="B">“(B) </num><content>a variable rate, price, or amount, which is based on any current objectively determinable information which is not within the control of any of the parties to the contract or instrument and is not unique to any of the parties’ circumstances.</content></subparagraph></paragraph>
<paragraph id="H239AE9151017429798AA1D993B810393" class="indent1"><num value="4">“(4) </num><heading><inline class="smallCaps">Treatment of exchanges</inline>.—</heading>
<subparagraph id="H5C5ED483131547268FB27F193A56254D" class="indent2"><num value="A">“(A) </num><heading><inline class="smallCaps">In general</inline>.—</heading><content>An exchange shall be treated as the sale of the property transferred and a purchase of the property received by each party to the exchange.</content></subparagraph>
<subparagraph id="HC39D42F32B2C4793A3436A959D0BB4B9" class="indent2"><num value="B">“(B) </num><heading><inline class="smallCaps">Certain deemed exchanges</inline>.—</heading><content>In the case of a distribution treated as an exchange for stock under section 302 or 331, the corporation making such distribution shall be treated as having purchased such stock for purposes of this section.</content></subparagraph></paragraph></subsection>
<subsection id="H71E1064B1D0A41808FC7C9BEE6EDC25C" class="indent0"><num value="f">“(f) </num><heading><inline class="smallCaps">Exceptions</inline>.—</heading>
<paragraph id="H8C8ECD8AEBC746A29ABDB5DD9BAD5D69" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">Exception for initial issues</inline>.—</heading><content>No tax shall be imposed under subsection (a) on any covered transaction with respect to the initial issuance of any security described in subparagraph (A), (B), or (C) of subsection (e)(1).</content></paragraph>
<paragraph id="H8E3C762A40984CB9ADAFF83A0254E499" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">Exception for certain traded short-term indebtedness</inline>.—</heading><chapeau>A note, bond, debenture, or other evidence of indebtedness which—</chapeau>
<subparagraph id="HB49B1F52F9CC488089DD0DF2D988E475" class="indent2"><num value="A">“(A) </num><content>is traded on a trading facility located in the United States, and</content></subparagraph>
<subparagraph id="H8D52211F5758485D85FA78D4B7A14C14" class="indent2"><num value="B">“(B) </num><content>has a fixed maturity of not more than 60 days, shall not be treated as described in subsection (e)(1)(C).</content></subparagraph></paragraph>
<paragraph id="H6A9C2C2CDACB455281B1AC58E1C0899B" class="indent1"><num value="3">“(3) </num><heading><inline class="smallCaps">Exception for securities lending arrangements</inline>.—</heading><content>No tax shall be imposed under subsection (a) on any covered transaction with respect to which gain or loss is not recognized by reason of section 1058.</content></paragraph>
<paragraph id="H66B8CDD1B70F4170AE03B3F7778A44CD" class="indent1"><num value="4">“(4) </num><heading><inline class="smallCaps">Exception for interests in mutual funds</inline>.—</heading><content>No tax shall be imposed under subsection (a) with respect to the purchase or sale of any interest in a regulated investment company (as defined in section 851).</content></paragraph></subsection>
<subsection id="H69231FD9A85E429B84F31C3947994BF2" class="indent0"><num value="g">“(g) </num><heading><inline class="smallCaps">By Whom Paid</inline>.—</heading>
<paragraph id="HDD7B396FAEAB465E99B94BAD7FE217CB" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">In general</inline>.—</heading><chapeau>The tax imposed by this section shall be paid by—</chapeau>
<subparagraph id="H16EACC3D8D2F4B26A91E83F5AC6E72E1" class="indent2"><num value="A">“(A) </num><content>in the case of a transaction which occurs or is cleared on a facility located in the United States, such facility, and</content></subparagraph>
<subparagraph id="H9F824B363F2D4D93814388DCC2FDF4B8" class="indent2"><num value="B">“(B) </num><content>in the case of a purchase not described in subparagraph (A) which is executed by a broker (as defined in section 6045(c)(1)), the broker.</content></subparagraph></paragraph>
<paragraph id="HC7328E47E33041D890B260A90EFEA5C7" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">Special rules for direct, etc., transactions</inline>.—</heading><chapeau>In the case of any transaction to which paragraph (1) does not apply, the tax imposed by this section shall be paid by—</chapeau>
<subparagraph id="HE2883E4FE68043E994C549F8458D52A2" class="indent2"><num value="A">“(A) </num><chapeau>in the case of a transaction described in subsection (d)(1)—</chapeau>
<clause id="H6C305387466541C1889433F44D5CC868" class="indent3"><num value="i">“(i) </num><content>the purchaser if the purchaser is a United States person, and</content></clause>
<clause id="H5EA12B9EACF2452E9298C7B6DEA186E2" class="indent3"><num value="ii">“(ii) </num><content>the seller if the purchaser is not a United States person, and</content></clause></subparagraph>
<subparagraph id="HE249C3961583405FAF04D7154755D254" class="indent2"><num value="B">“(B) </num><chapeau>in the case of a transaction described in subsection (d)(2)—</chapeau>
<clause id="HFB558A4F22614D1AA1F8C712DB5BC079" class="indent3"><num value="i">“(i) </num><content>the payor if the payor is a United States person, and</content></clause>
<clause id="H152A17C7CB1D43DE85806CF766FC6CD7" class="indent3"><num value="ii">“(ii) </num><content>the payee if the payor is not a United States person.</content></clause></subparagraph></paragraph></subsection>
<subsection id="H5E061BD17B8E45B5953915C79EB02E41" class="indent0"><num value="h">“(h) </num><heading><inline class="smallCaps">Certain Payments Treated as Separate Transactions</inline>.—</heading><chapeau>Except as otherwise provided by the Secretary, any payment with respect to a security described in subparagraph (D), (E), or (F) of subsection (e)(1) shall be treated as a separate transaction for purposes of this section, including—</chapeau>
<paragraph id="HB3F048E220FE4FF0813AA5CC3BCE2049" class="indent1"><num value="1">“(1) </num><content>any net initial payment, net final or terminating payment, or net periodical payment with respect to a notional principal contract (or similar financial instrument),</content></paragraph>
<paragraph id="H53F258E991494D34ADAD79C59CE06EE5" class="indent1"><num value="2">“(2) </num><content>any payment with respect to any forward contract (or similar financial instrument), and</content></paragraph>
<paragraph id="H19312AE058624C8CAB78A5799CE70BA9" class="indent1"><num value="3">“(3) </num><content>any premium paid with respect to any option (or similar financial instrument).</content></paragraph></subsection>
<subsection id="H0226228525C74B85ADE222E21A58E387" class="indent0"><num value="i">“(i) </num><heading><inline class="smallCaps">Administration</inline>.—</heading><content>The Secretary shall carry out this section in consultation with the Securities and Exchange Commission and the Commodity Futures Trading Commission.</content></subsection>
<subsection id="H366188D694554574A005932171C0B80C" class="indent0"><num value="j">“(j) </num><heading><inline class="smallCaps">Guidance; Regulations</inline>.—</heading><chapeau>The Secretary shall—</chapeau>
<paragraph id="HD4BD3FAD1E564D5FA535064A0832D3A2" class="indent1"><num value="1">“(1) </num><content>provide guidance regarding such information reporting concerning covered transactions as the Secretary deems appropriate, including reporting by the payor of the tax in cases where the payor is not the purchaser, and</content></paragraph>
<paragraph id="HBCF8789BCB3B41EFAE5F4A79D1D350DE" class="indent1"><num value="2">“(2) </num><content>prescribe such regulations as are necessary or appropriate to prevent avoidance of the purposes of this section, including the use of non-United States persons in such transactions.</content></paragraph></subsection>
<subsection id="HAD91D0B74EE2462EB0DB2433BC6095E3" class="indent0"><num value="k">“(k) </num><heading><inline class="smallCaps">Whistleblowers</inline>.—</heading><content>See section 7623 for provisions relating to whistleblowers.”</content></subsection></section></subchapter></quotedContent><inline role="after-quoted-block">.</inline></content></subsection>
<subsection role="instruction" identifier="/us/bill/116/hr/1000/tIII/s314/b" id="HD686294D4A574CBB915295EA8EE7AA7D" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Penalty for Failure To Include Covered Transaction Information With Return</inline>.—</heading><content>Part I of subchapter B of chapter 68 of the Internal Revenue Code of 1986 <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after section 6707A the following new section:
<quotedContent id="H81E99AE9BF6B4FA986640C03663FAE6A" styleType="OLC">
<section id="HA5DA918973D34A0FB7606EB33D3CB69D"><num value="6707B">“SEC. 6707B. </num><heading>PENALTY FOR FAILURE TO INCLUDE COVERED TRANSACTION INFORMATION WITH RETURN.</heading>
<subsection id="HA7BAE385BB134CECB0A23F1BE796FB5B" class="indent0"><num value="a">“(a) </num><heading><inline class="smallCaps">Imposition of Penalty</inline>.—</heading><content>Any person who fails to include on any return or statement any information with respect to a covered transaction which is required pursuant to section 4475(j)(1) to be included with such return or statement shall pay a penalty in the amount determined under subsection (b).</content></subsection>
<subsection id="H1D122BC3340D4AA8BE3A35850C7A971C" class="indent0"><num value="b">“(b) </num><heading><inline class="smallCaps">Amount of Penalty</inline>.—</heading><content>Except as otherwise provided in this subsection, the amount of the penalty under subsection (a) with respect to any covered transaction shall be determined by the Secretary.</content></subsection>
<subsection role="definitions" id="H0A1B68FE0C744A26973804B8BDF70CCD" class="indent0"><num value="c">“(c) </num><heading><inline class="smallCaps">Covered Transaction</inline>.—</heading><content>For purposes of this section, the term ‘<term>covered transaction</term>’ has the meaning given such term by section 4475(d).</content></subsection>
<subsection id="HED182B88C009464B9E04A4B312556B56" class="indent0"><num value="d">“(d) </num><heading><inline class="smallCaps">Authority To Rescind Penalty</inline>.—</heading>
<paragraph id="H922476420B304C8D8F3F9574F832996B" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">In general</inline>.—</heading><content>The Commissioner of Internal Revenue may rescind all or any portion of any penalty imposed by this section with respect to any violation if rescinding the penalty would promote compliance with the requirements of this title and effective tax administration.</content></paragraph>
<paragraph id="H41F0A1FB28D948868E3E25298DC6DFB1" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">No judicial appeal</inline>.—</heading><content>Notwithstanding any other provision of law, any determination under this subsection may not be reviewed in any judicial proceeding.</content></paragraph>
<paragraph id="HDA15F012A7E54D6CA3191D748F0DE833" class="indent1"><num value="3">“(3) </num><heading><inline class="smallCaps">Records</inline>.—</heading><chapeau>If a penalty is rescinded under paragraph (1), the Commissioner shall place in the file in the Office of the Commissioner the opinion of the Commissioner with respect to the determination, including—</chapeau>
<subparagraph id="H3AAE4EABC7114A8AB23BAE4CB0460E2A" class="indent2"><num value="A">“(A) </num><content>a statement of the facts and circumstances relating to the violation,</content></subparagraph>
<subparagraph id="H60ACA88CBED849AB8BA51BE8102B65F4" class="indent2"><num value="B">“(B) </num><content>the reasons for the rescission, and</content></subparagraph>
<subparagraph id="H968203BBA3AA4B4F9E35DEEE94E98978" class="indent2"><num value="C">“(C) </num><content>the amount of the penalty rescinded.</content></subparagraph></paragraph></subsection>
<subsection id="H6365691D768642DB8D990FD04E0A56E3" class="indent0"><num value="e">“(e) </num><heading><inline class="smallCaps">Coordination With Other Penalties</inline>.—</heading><content>The penalty imposed by this section shall be in addition to any other penalty imposed by this title.”</content></subsection></section></quotedContent><inline role="after-quoted-block">.</inline></content></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s314/c" id="H29D090097A224EF58EDD059CE601E4A7" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Clerical Amendments</inline>.—</heading>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tIII/s314/c/1" id="HCEA01CE81540414787E7A9254B7C5E4F" class="indent1"><num value="1">(1) </num><content>The table of sections for part I of subchapter B of chapter 68 of such Code <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after the item relating to section 6707A the following new item:
<quotedContent id="H60C573CB9DF141DEAEA019A26C086FED" styleType="OLC">
<toc>
<referenceItem role="section">
<designator>“Sec. 6707B. </designator>
<label>Penalty for failure to include covered transaction information with return.”</label>
</referenceItem></toc></quotedContent><inline role="after-quoted-block">.</inline></content></paragraph>
<paragraph role="instruction" identifier="/us/bill/116/hr/1000/tIII/s314/c/2" id="H1C4A01DF02B5468B91573E5F759A096B" class="indent1"><num value="2">(2) </num><content>The table of subchapters for chapter 36 of the Internal Revenue Code of 1986 <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after the item relating to subchapter B the following new item:
<quotedContent id="H872EB944D9964404804FDBAEF4FC46B3" styleType="OLC">
<toc>
<referenceItem role="subchapter">
<designator>“<inline class="smallCaps">subchapter c—</inline></designator><label><inline class="smallCaps">tax on securities transactions</inline>”</label>
</referenceItem></toc></quotedContent><inline role="after-quoted-block">.</inline></content></paragraph></subsection>
<subsection identifier="/us/bill/116/hr/1000/tIII/s314/d" id="H44177B807E704CCF9755CB0117CA6DB2" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Effective Date</inline>.—</heading><content>The amendments made by this section shall apply to transactions occurring more than 180 days after the date of the enactment of this Act.</content></subsection></section></title></main><endMarker>○</endMarker></bill>