,i #aacth ,,congress #ast ,session ,h4 ,r4 #ajjj ,,in ,,the ,,house ,,of ,,representatives ,march #f1 #bjac ,mr4 ,conyers introduced the following bill2 which was referred to the ,committee on ,education and the ,workforce1 and in addition to the ,committee on ,ways and ,means1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to establish the ,national ,full ,employment ,trust ,fund to create employment opportunities for the unemployed4 #a4 ,short title ,this ,act shall be cited as the ,humphrey-,hawkins ,full ,employment and ,training ,act4 #b4 ,findings and ,purpose 7a7 ,findings ,the ,congress finds the following3 7#a7 ,the ,full ,employment and ,balanced ,growth ,act of #aigh established an interim #e-year target of #c percent unemployment for individuals #bj years of age and older1 and #d percent for individuals age #af and over within #e years1 with full employment to be achieved as soon as practicable thereafter4 7#b7 ,the ,federal ,government has previously established full employment as a national goal in national legislation1 including the ,employment ,act of #aidf and the ,full ,employment and ,balanced ,growth ,act of #aigh4 7#c7 ,pursuant to these ,acts1 the ,congress declared it is 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 them1 including the self-employed4 ,pursuant to these ,acts1 the ,congress 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 able1 willing1 and seeking to work4 7#d7 ,the ,nation has suffered substantial unemployment and underemployment1 and idleness of productive resources over prolonged periods of time1 imposing numerous economic and social costs on the ,nation4 7#e7 ,the ,nation has been deprived of the full supply of goods and services1 the full utilization of labor and capital resources1 and the related increases in economic well-being that would occur under conditions of genuine full employment4 7#f7 ,the current output of goods and services is insufficient to meet pressing national priorities for infrastructure1 transportation1 energy1 education1 health care1 child and elder care1 and many other necessary public and human services4 7#g7 ,unemployment and underemployment expose many workers and families to significant1 social1 psychological and physiological costs1 including disruption of family life1 the loss of individual dignity and self-respect1 and the aggravation of physical and psychological illnesses4 7#h7 ,persisting unemployment and underemployment have devastating financial consequences1 resulting in the loss of income and spending power for families1 and interfering with their ability to save and accumulate assets for a secure family life and retirement4 ,high levels of unemployment and inadequate consumer demand also contribute to poor conditions for retail businesses1 manufacturers and many other firms to grow and prosper4 ,in the real estate sector1 the ,congress finds that continuing high levels of unemployment contribute to foreclosures1 evictions1 and commercial vacancies1 undermining the quality of neighborhood and community life1 and hampering prospects for economic recovery and national prosperity4 7#i7 ,the historic promise of this earlier legislation has not been fully realized1 and we re-declare and reaffirm our support for achieving a national goal of jobs for all at living wages4 7#aj7 ,the ,united ,states has a duty under ,articles #ee and #ef of the ,united ,nations ,charter to promote 8full employment0 and the 8universal respect for1 and observance of1 human rights and fundamental freedoms for all without distinction as to race1 sex1 language1 or religion04 ,the human rights the ,united ,states has a duty to promote pursuant to this obligation are set forth in the ,universal ,declaration of ,human ,rights4 ,article #bc of the ,universal ,declaration states that 8,everyone has the right to work0 and to 8just and favorable remuneration0 that insures for his or her family 8an existence worthy of human dignity1 and supplemented1 if necessary1 by other means of social protection04 7#aa7 ,the ,congress has a strong interest in seeking the progressive reduction and elimination of job disparities among groups of workers who experience chronically higher rates of unemployment and underemployment4 7#ab7 ,even at the top of the business cycle1 when national unemployment rates drop to the #d percent to #e percent range1 job vacancy surveys show that the economy does not provide enough jobs to employ everyone who wants to work4 ,reliance on direct job creation to close the economy's job gap is especially important at such times1 because it provides a means of creating additional jobs without adding significantly to inflationary pressures1 a very difficult goal to achieve at the top of the business cycle via macroeconomic policy interventions4 7#ac7 ,the ,congress intends to maximize the creation of private1 public and nonprofit sector jobs through improved use of general economic and structural policies1 including measures to encourage private sector investment and capital formation2 an increased public investment in research and development1 infrastructure1 energy1 education1 public services and the environment1 and other essential goods and services4 7b7 ,purpose ,it is the purpose of the ,humphrey ,hawkins #bast ,century ,full ,employment and ,training ,act to expedite progress to fulfill the right to useful work at living wages for all persons seeking employment1 as promptly as possible and at the earliest practicable date by establishing a ,full ,employment ,trust ,fund to fund and operate a national program of public service employment and to provide additional labor market opportunities to complement those offered by the existing private1 public1 and nonprofit sectors4 #c4 ,definitions ,in this ,act the following definitions apply3 7#a7 ,indian tribe ,the term ,indian tribe has the meaning given such term in section #ajb7ag7 of the ,housing and ,community ,development ,act 7#db ,u4,s4,c4 #ecjb7ag774 7#b7 ,secretary ,the term ,secretary means the ,secretary of ,labor4 7#c7 ,small business ,the term small business has the meaning given the term small business concern under section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 7#d7 ,state ,the term ,state has the meaning given such term in section #ajb7b7 of the ,housing and ,community ,development ,act 7#db ,u4,s4,c4 #ecjb7b774 7#e7 ,trust fund ,the term ,trust ,fund refers to the ,full ,employment ,trust ,fund established under section #d4 7#f7 ,unit of general local government ,the term unit of general local government has the meaning given such term in section #ajb7a7 of the ,housing and ,community ,development ,act 7#db ,u4,s4,c4 #ecjb7a774 7#g7 ,urban county ,the term urban county has the meaning given such term in section #ajb7f7 of the ,housing and ,community ,development ,act 7#db ,u4,s4,c4 #ecjb7f774 #d4 ,establishment ,of ,full ,employment ,national ,trust ,fund 7a7 ,in general ,the ,secretary shall establish a ,full ,employment ,national ,trust ,fund 7in this ,act referred to as the ,trust ,fund7 for the purposes of-- 7#a7 providing funding for the ,employment ,opportunity ,grants established in section #e2 and 7#b7 issuing funds to the ,secretary to fund programs under the ,workforce ,investment ,act of #aiih 7#bi ,u4,s4,c4 #bhja et seq474 7b7 ,financing the ,trust ,fund ,subject to the availability of appropriations for this purpose1 the ,secretary of the ,treasury shall annually make available to the ,secretary of ,labor for deposit into the ,trust ,fund an amount equal to the amount collected for that year through the tax described in section #ddge of the ,internal ,revenue ,code of #aihf1 as added by section #h4 7c7 ,loans from the ,federal ,reserve ,system 7#a7 ,in general ,if the amount available in the ,trust ,fund for allocation under section #e is insufficient to prevent the national unemployment rate from rising more than one full percentage during a fiscal year in which the national unemployment rate is increasing1 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 section #e as are necessary to restore the national unemployment rate to its allowable #a percent range of upward variation4 7#b7 ,repayment ,amounts lent to the ,trust ,fund by the ,board of ,governors of the ,federal ,reserve ,system under paragraph 7#a7 shall be repaid by the ,trust ,fund over #aj years1 with interest payable at the same average rate the ,federal ,government contracts to pay on #aj-year bonds sold during the period beginning #de days prior to the date the loans were made to the ,trust ,fund and ending #de days following such date4 7d7 ,separate ,trust ,fund ,accounts ,the ,trust ,fund shall consist of #b separate accounts as follows3 7#a7 ,one account shall consist of #fg percent of the funds made available for deposit under subsection 7b7 and shall be for the ,employment ,opportunity ,grants established in section #e4 7#b7 ,the other account shall consist of #cc percent of the funds made available for deposit under subsection 7b7 and shall be available to the ,secretary to fund programs under the ,workforce ,investment ,act of #aiih 7#bi ,u4,s4,c4 #bhja et seq474 7e7 ,web ,site ,the ,secretary shall establish an ,internet ,web site to serve as an information clearinghouse for job training and employment opportunities funded by the ,trust ,fund4 7f7 ,training stipend ,the ,secretary shall promulgate regulations to encourage entities that receive funds under programs under the ,workforce ,investment ,act of #aiih 7#bj ,u4,s4,c4 #bhja et seq47 that are funded by the account described in subsection 7c77#b7 to1 whenever possible1 establish a training stipend for individuals who participate in such programs4 #e4 ,employment opportunity grants to ,states1 local governments1 and ,indian tribes 7a7 ,employment grants contingent on level of unemployment 7#a7 ,first year ,subject to the availability of funds in the ,trust ,fund for activities under this section1 if1 at the beginning of a month in the first fiscal year for which funds are available in the ,trust ,fund for activities under this section1 the ,united ,states has unemployment according to the most recent monthly publications of the ,bureau of ,labor ,statistics of the ,department of ,labor1 the ,secretary shall make grants for such month to ,states1 unit of general local governments1 or ,indian tribes to carry out activities in accordance with this section4 ,the total amount awarded under this paragraph for such fiscal year shall not exceed #ij percent of the funds available in the ,trust ,fund for such fiscal year4 7#b7 ,succeeding years ,subject to the availability of funds in the ,trust ,fund for activities under this section1 if1 at the beginning of a fiscal year subsequent to the fiscal year described in paragraph 7#a71 the ,united ,states has unemployment according to the most recent monthly publications of the ,bureau of ,labor ,statistics of the ,department of ,labor1 the ,secretary shall make grants for such fiscal year to ,states1 units of general local government1 ,indian tribes1 or community-based organizations to carry out activities in accordance with this section4 ,the total amount awarded under this paragraph for a fiscal year shall not exceed #ij percent of the funds available in the ,trust ,fund for such fiscal year4 7b7 ,purpose ,grants made under this section shall be for creating employment opportunities for unemployed and underemployed individuals in activities designed to address community needs and reduce disparities in health1 housing1 education1 job readiness1 and public infrastructure that have impeded these communities from realizing their full economic potential4 7c7 ,use of funds ,a recipient of a grant under this section shall use the grant for the following purposes3 7#a7 ,construction1 re-construction1 rehabilitation1 and site improvements of residences or public facilities1 including improvements in the energy efficiency or environmental quality of such public facilities or residences4 7#b7 ,provision of human services1 including child care services1 health care services1 education1 or recreational programs4 7#c7 ,the remediation and demolition of vacant and abandoned properties to eliminate blight4 7#d7 ,programs that provide disadvantaged youth with opportunities for employment1 education1 leadership development1 entrepreneurial skills development1 and training4 7#e7 ,the painting and repair of schools1 community centers1 and libraries4 7#f7 ,the restoration and revitalization of abandoned and vacant properties to alleviate blight in distressed and foreclosure-affected areas of a unit of general local government4 7#g7 ,the expansion of emergency food programs to reduce hunger and promote family stability4 7#h7 ,the augmentation of staffing in ,head ,start1 child care1 and other early childhood education programs to promote school readiness and early literacy4 7#i7 ,the renovation and enhancement of maintenance of parks1 playgrounds1 and other public spaces4 7#aj7 ,supplemental labor for existing federally or ,state-funded infrastructure projects4 7#aa7 ,supplemental labor for existing federally or ,state-funded projects aimed at expanding access to broadband or wireless ,internet service4 7#ab7 ,other activities that address public needs and which can be implemented as quickly as the activities described in paragraphs 7#a7 through 7#aa74 7d7 ,consultation required ,each grant recipient shall consult with community leaders1 including labor organizations1 nonprofit community-based organizations1 local government officials1 and local residents to-- 7#a7 assess the needs of the community served by the grant recipient2 7#b7 determine sectors of the local economy that are in need of employees2 7#c7 make recommendations for new employment opportunities in the areas described in subsection 7c72 and 7#d7 assess the effectiveness of job placements made under this ,act4 7e7 ,conditions ,as a condition of receiving a grant under this section1 a grant recipient shall-- 7#a7 agree to comply with the nondiscrimination policy set forth under section #aji of the ,housing and ,community ,development ,act of #aigd 7#db ,u4,s4,c4 #ecji72 7#b7 with respect to the funds allocated for each project funded under the grant-- 7,a7 allocate not less than #hj percent for wages1 benefits1 and support services1 including child care services1 for individuals1 including supervisory and management personnel1 employed on such project2 and 7,b7 allocate the remaining funds to defray the nonlabor costs of the project1 including necessary capital goods1 supplies1 materials1 rental payments1 transportation costs1 and other similar expenses2 7#c7 use revenue generated by a project funded under the grant 7whether in the form of fees paid for services provided by the project1 reimbursements for expenses incurred in undertaking the project1 or income from the sale of goods or services produced by the project7 in excess of the costs of the project to-- 7,a7 supplement the project budget2 or 7,b7 support other projects funded by the grant in conformity with the purposes of this ,act and subject to the same rules and requirements that apply to other such projects2 7#d7 ensure that employment on any project funded under the grant is carried out in accordance with subsection 7c72 7#e7 institute an outreach program with community organizations and service providers in low-income communities to provide information about placements funded under the grant to individuals suited to perform community infrastructure work2 and 7#f7 ensure that not less than #ce percent of individuals employed under the grant are individuals described in paragraph 7#d77;,b7 of subsection 7f74 7f7 ,employment described ,employment funded under this section shall meet the following specifications3 7#a7 ,any employer that employs an individual whose employment is funded under the grant shall-- 7,a7 continue to employ such individual for not less than #ab months1 subject to the individual's satisfactory performance of the reasonable requirements of the individual's employment2 7,b7 if such an individual desires full-time employment1 employ such individual for not less than #ce hours per week and not more than #dj hours1 and if such an individual desires part-time work1 employ such individual for a mutually agreed number of hours per week that is less than #ce hours per week2 7,c7 comply with responsible contractor standards1 as determined by the relevant official in the unit of local general government2 7,d7 provide compensation to such individual on a per hour basis equal to the compensation provided to public sector employees who perform similar work in the community where such individual is employed or1 if no public sector employees perform such similar work1 provide compensation to such individual that is comparable to the compensation provided to private-sector employees who perform similar work in the community where such individual is employed2 7,e7 if such employment is in construction1 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 subchapter ,,iv of chapter #ca of title #dj1 ,united ,states ,code2 and 7,f7 offer assistance to such individual in applying for social benefits for which such individual or the members of such individual's family may be eligible4 7#b7 ,no individual whose employment is funded under the grant may work for an employer at which a collective bargaining agreement is in effect covering the same or similar work1 unless-- 7,a7 the consent of the union at such employer is obtained2 and 7,b7 negotiations have taken place between such union and the employer as to the terms and conditions of such employment4 7#c7 7,a7 7i7 ,an employer may not employ an individual for a position funded under this ,act1 if-- 7,i7 employing such individual will result in the layoff or partial displacement 7such as a reduction in hours1 wages1 or employee benefits7 of an existing employee of the employer2 or 7,,ii7 such individual will perform the same or substantially similar work that had previously been performed by an employee of the employer-- 7aa7 has been laid off or partially displaced 7as such term is described in subclause 7,i772 and 7bb7 has not been offered by the employer1 to be restored to the position the employee had immediately prior to being laid off or partially displaced4 7ii7 ,for the purposes of this paragraph1 a position shall be considered to have been eliminated by an employer if the position has remained unfilled and the unit or organization has not sought to fill such position for at least a period of one month4 7iii7 ,an individual may not be hired for a position funded under this ,act in a manner that infringes upon the promotional opportunities of an existing employee 7as of the date of such hiring7 of an employer receiving funds under this ,act4 7,b7 ,a community-based organization receiving funds under this ,act may not use such funds to provide services or functions that are customarily provided by a unit of general local government where such services or functions are provided by the organization4 7#d7 ,an individual hired to fill a job funded under this ,act shall register with and be certified by the appropriate ,state employment service as eligible for such employment and shall satisfy at least one of the following conditions as of the date the individual is so hired3 7,a7 ,the individual is receiving unemployment insurance benefits4 7,b7 ,the individual is unemployed1 a member of a targeted group as defined by section #ea7;d7 of the ,internal ,revenue ,code of #aihf1 and has been seeking employment1 with the assistance of the ,state employment service1 for not less than #cj days prior to the date on which the individual is so hired4 7,c7 ,the individual is unemployed and seeking employment1 with the assistance of the ,state employment service1 for not less than #fj days prior to the date the individual is so hired4 7,d7 ,the individual has been employed part-time while seeking full-time employment with the assistance of the ,state employment service for not less than #ac weeks prior to the date the individual is so hired4 7#e7 ,an individual employed in a job funded under this ,act shall-- 7,a7 notwithstanding the individual's employment in a job funded under this ,act1 be registered with the appropriate ,state employment service as available for and seeking work2 7,b7 respond appropriately1 as a person available for and seeking employment1 to referrals by the ,state employment service concerning available jobs2 7,c7 apply for suitable jobs for which the individual has been referred by the ,state employment service2 and 7,d7 accept a suitable job if such job is offered to the individual4 ,for purposes of subparagraphs 7,c7 and 7,d71 the term suitable job means a job that a newly unemployed individual receiving unemployment insurance benefits would be required to accept in order to avoid forfeiting the individual's eligibility for continued receipt of unemployment insurance benefits under the laws of the ,state in which the individual is employed in a job funded under this ,act4 7#f7 ,an individual employed in a job funded under this ,act who terminates that employment in order to accept other employment1 and who subsequently is terminated from that other employment without fault on the individual's part1 shall be eligible for immediate reemployment in a job funded under this ,act4 7#g7 ,in hiring individuals for positions funded under this ,act1 or using funds under this ,act to continue to provide employee compensation for existing employees1 an employer shall comply with all applicable ,federal1 ,state1 and local laws1 personnel policies and regulations1 and collective bargaining agreements1 as if such individual was hired1 or such employee compensation were provided1 without assistance under this ,act4 7#h7 ,an individual hired for a position funded under this ,act shall-- 7,a7 be considered an employee of the employer1 by which such individual was hired2 and 7,b7 receive the same employee compensation1 have the same rights and responsibilities and job classifications1 and be subject to the same job standards1 employer policies1 and collective bargaining agreements as if such individual were hired without assistance under this ,act4 7g7 ,award of ,grants 7#a7 ,selection criteria ,in selecting a project to receive funding for employing the individuals described in subsection 7f77#d71 a grant recipient shall consider-- 7,a7 the input of all participants in a proposed project1 including labor organizations1 community organizations1 and employers2 7,b7 the needs of the community intended to benefit from such project2 7,c7 the long-term goals and short-term objectives to address such needs2 and 7,d7 any recommendations for programs and activities developed to meet such needs4 7#b7 ,priority given to certain projects ,a grant recipient under this section shall give priority to projects that-- 7,a7 serve areas with the greatest level of economic need1 determined for each such area by-- 7i7 the unemployment rate2 7ii7 the rate of poverty2 7iii7 the number of census tracts with concentrated poverty2 7iv7 the lowest median income2 7v7 the percentage of vacant and abandoned properties2 7vi7 the percentage of home foreclosures2 and 7vii7 the indicators of poor resident health1 including high rates of chronic disease1 infant mortality1 and life expectancy2 7,b7 integrate education and job skills training1 including basic skills instruction and secondary education services2 7,c7 coordinate to the maximum extent feasible with pre-apprenticeship and apprenticeship programs2 and 7,d7 provide jobs in sectors where job growth is most likely1 as determined by the ,secretary1 and in which career advancement opportunities exist to maximize long-term1 sustainable employment for individuals after employment funded under this ,act ends4 7h7 ,allocation of ,grants 7#a7 ,grants for ,indian tribes and deposits into discretionary fund ,not more than #e percent of the funds available in the ,trust ,fund for activities under this section for any fiscal year shall be reserved for grants to ,indian tribes and for deposit into a discretionary fund established by the ,secretary for national demonstration projects and multi-jurisdictional projects4 7#b7 ,grants to states ,not more than #cj percent of the funds available in the ,trust ,fund for activities under this section for any fiscal year shall be allocated to ,states to distribute to units of general local government that do not qualify for funds under paragraph 7#c74 7#c7 ,grants to units of general local government ,grant funds that are not reserved under paragraphs 7#a7 and 7#b7 shall be allocated to metropolitan cities and urban counties using the formula under section #ajf7;b7 of the ,housing and ,community ,development ,act of #aigd 7#db ,u4,s4,c4 #ecjf7;b774 7i7 ,reports 7#a7 ,reports by grant recipients ,not later than #ij days after the last day of each fiscal year in which assistance under this section is furnished1 a recipient of a grant under this section shall submit to the ,secretary a report containing the following3 7,a7 ,a description of the progress made in accomplishing the objectives of this chapter4 7,b7 ,a summary of the use of the grant during the preceding fiscal year4 7,c7 ,for units of general local government1 a listing of each entity receiving funds and the amount of such grants1 as well as a brief summary of the projects funded for each such unit1 the extent of financial participation by other public or private entities1 and the impact on employment and economic activity of such projects during the previous fiscal year4 7,d7 ,for ,states1 a listing of each unit of general local government receiving funds and the amount of such grants1 as well as a brief summary of the projects funded for each such unit1 the extent of financial participation by other public or private entities1 and the impact on employment and economic activity of such projects during the previous fiscal year4 7,e7 ,the amount of money received and expended during the fiscal year4 7,f7 ,the number of individuals assisted under the grant whose household income is low-income1 very low-income1 or extremely low-income 7as such terms are used for purposes of the ,housing ,act of #aicg and the regulations thereunder 7#db ,u4,s4,c4 #adcg et seq4774 7,g7 ,the amount expended on administrative costs during the fiscal year4 7#b7 ,report to ,congress ,at least once every #f months1 the ,secretary shall submit to ,congress a report on the use of grants awarded under this section and any progress in job creation4 7j7 ,establishment of arbitration procedure 7#a7 ,in general ,each grant recipient under this section shall agree to the arbitration procedure described in this subsection to resolve disputes described in subsections 7k7 and 7l74 7#b7 ,written grievances 7,a7 ,in general ,if an employee 7or an employee representative7 wishes to use the arbitration procedure described in this subsection1 such party shall file a written grievance within the time period required under subsection 7k7 or 7l71 as applicable1 simultaneously with the chief executive officer of a unit or ,state involved in the dispute and the ,secretary4 7,b7 ,in-person meeting ,not later than #aj days after the date of the filing of the grievance1 the chief executive officer 7or the designee of the chief executive officer7 shall have an in-person meeting with the party to resolve the grievance4 7#c7 ,arbitration 7,a7 ,submission ,if the grievance is not resolved within the time period described in paragraph 7#b77;,b71 a party1 by written notice to the other party involved1 may submit such grievance to binding arbitration before a qualified arbitrator who is jointly selected and independent of the parties4 7,b7 ,appointment by ,secretary ,if the parties cannot agree on an arbitrator within #e days of submitting the grievance to binding arbitration under subparagraph 7,a71 one of the parties may submit a request to the ,secretary to appoint a qualified and independent arbitrator4 ,the ,secretary shall appoint a qualified and independent arbitrator within #ae days after receiving the request4 7,c7 ,hearing ,unless the parties mutually agree otherwise1 the arbitrator shall conduct a hearing on the grievance and issue a decision not later than #cj days after the date such arbitrator is selected or appointed4 7,d7 ,costs 7i7 ,in general ,except as provided in clause 7ii71 the cost of an arbitration proceeding shall be divided evenly between the parties to the arbitration4 7ii7 ,exception ,if a grievant prevails under an arbitration proceeding1 the recipient of a grant under this section shall pay the cost of such proceeding1 including attorneys' fees4 7k7 ,disputes concerning the allotment of funds ,in a case where a unit of general local government that is an entitlement community or a ,state has improperly requested funds for services or functions to be provided by a community-based organization that are customarily provided by the unit or1 in the case of a ,state1 by a unit located in the nonentitlement area of the ,state where services or functions will be provided by the organization1 an employee or employee representative of the unit or ,state may file a grievance under subsection 7j7 not later than #ae days after public notice of an intent to submit an application under this section is published4 ,upon receiving a copy of the grievance1 the ,secretary shall withhold the funds subject to such grievance1 unless and until the grievance is resolved under subsection 7j71 by the parties or an arbitrator in favor of providing such funding4 7l7 ,all other disputes 7#a7 ,in general ,in the case of a dispute not covered under subsection 7k7 concerning compliance with the requirements of this section by a recipient of a grant under this section1 an employee or employee representative of the unit or ,state may file a grievance under subsection 7k7 not later than #ij days after the dispute arises4 ,in such cases1 an arbitrator may award such remedies as are necessary to make the grievant whole1 including the reinstatement of a displaced employee or the payment of back wages1 and may submit recommendations to the ,secretary to ensure further compliance with the requirements of this title1 including recommendations to suspend or terminate funding1 or to require the repayment of funds received under this title during any period of noncompliance4 7#b7 ,existing grievance procedures ,a party to a dispute described in paragraph 7#a7 may use the existing grievance procedure of a recipient of a grant under this section1 or the arbitration procedure described in this subsection1 to resolve such dispute4 7m7 ,party defined ,for purposes of subsections 7j71 7k71 and 7l71 the term party means the employee and the recipient of a grant under this section1 involved in a dispute described in subsection 7k7 or 7l74 7n7 ,whistleblower ,hotline2 ,enforcement by the ,secretary 7#a7 ,whistleblower hotline ,the ,secretary shall post on a publicly accessible ,internet ,web site of the ,department of ,labor the contact information for reporting noncompliance with this title by a ,state1 unit of general local government1 community-based organization1 or individual receiving funding under this title4 7#b7 ,enforcement by the ,secretary 7,a7 ,in general ,if the ,secretary receives a complaint alleging noncompliance with this title1 the ,secretary may conduct an investigation and after notice and an opportunity for a hearing1 may order such remedies as the ,secretary determines appropriate1 including-- 7i7 withholding further funds under this title to a noncompliant entity2 7ii7 requiring the entity to make an injured party whole2 or 7iii7 requiring the entity to repay to the ,secretary any funds received under this title during any period of noncompliance4 7,b7 ,recommendation by an arbitrator ,a remedy described in subparagraph 7,a7 may also be ordered by the ,secretary upon recommendation by an arbitrator appointed or selected under this section4 #f4 ,national ,employment ,conference 7a7 ,in general ,the ,secretary shall convene a national employment conference not later than #a year after the date of enactment of this ,act1 to bring together leaders of small1 medium1 and large businesses1 labor1 government1 and all other interested parties4 7b7 ,subject ,the subject of the conference shall be employment1 with particular attention to structural unemployment and the plight of disadvantaged youth4 ,the conference shall also focus on issues such as adequate and effective incentives for employers to hire the long-term unemployed4 #g4 ,inclusion of minority-serving1 community-based organizations in ,,wia ,state and local workforce investment ,boards 7a7 ,state ,boards ,section #aaa7;b77#a77;,c77v7 of the ,workforce ,investment ,act of #aiih 7#bi ,u4,s4,c4 #bhba7;b77#a77;,c77v77 is amended by inserting before the semicolon 7including not less than #be percent of the chief executive officers of minority-serving1 community-based organizations74 7b7 ,local ,boards ,section #aag7;b77#b77;,a77iv7 of such ,act 7#bi ,u4,s4,c4 #bhcb7;b77#b77;,a77iv77 is amended by inserting 1 and not less than #be percent of the chief executive officers of minority-serving1 community-based organizations after present4 #h4 ,tax on securities transactions 7a7 ,in general ,chapter #cf of the ,internal ,revenue ,code of #aihf is amended by inserting after subchapter ,b the following new subchapter3 ,c ,tax on ,securities ,transactions ,sec4 #ddge4 ,tax on securities transactions4 #ddge4 ,tax on securities transactions 7a7 ,imposition of tax 7#a7 ,stocks ,there is hereby imposed a tax on each covered transaction in a stock contract of #j4be percent of the value of the instruments involved in such transaction4 7#b7 ,futures ,there is hereby imposed a tax on each covered transaction in a futures contract of #j4jb percent of the value of the instruments involved in such transaction4 7#c7 ,swaps ,there is hereby imposed a tax on each covered transaction in a swaps contract of #j4jb percent of the value of the instruments involved in such transaction4 7#d7 ,credit default swaps ,there is hereby imposed a tax on each covered transaction in a credit default swaps contract of #j4jb percent of the value of the instruments involved in such transaction4 7#e7 ,options ,there is hereby imposed a tax on each covered transaction in an options contract with respect to a transaction described in paragraph 7#a71 7#b71 7#c71 or 7#d7 of-- 7,a7 the rate imposed with respect to such underlying transaction under paragraph 7#a71 7#b71 7#c71 or 7#d7 7as the case may be71 multiplied by 7,b7 the premium paid on such option4 7b7 ,exception for retirement accounts1 etc ,no tax shall be imposed under subsection 7a7 with respect to any stock contract1 futures contract1 swaps contract1 credit default swap1 or options contract which is held in any plan1 account1 or arrangement described in section #bbj1 #bbc1 #dja7;a71 #djc7;a71 #djc7;b71 #djh1 #djh;,a1 #ebi1 or #ecj4 7c7 ,exception for interests in mutual funds ,no tax shall be imposed under subsection 7a7 with respect to the purchase or sale of any interest in a regulated investment company 7as defined in section #hea7 or of any derivative of such an interest4 7d7 ,by whom paid 7#a7 ,in general ,the tax imposed by this section shall be paid by-- 7,a7 in the case of a transaction which occurs on a trading facility located in the ,united ,states1 such trading facility1 or 7,b7 in any other case1 the purchaser with respect to the transaction4 7#b7 ,withholding if buyer is not a ,united ,states person ,see section #addg for withholding by seller if buyer is a foreign person4 7e7 ,covered transaction ,the term covered transaction means any purchase or sale if-- 7#a7 such purchase or sale occurs on a trading facility located in the ,united ,states1 or 7#b7 the purchaser or seller is a ,united ,states person4 7f7 ,administration ,the ,secretary shall carry out this section in consultation with the ,securities and ,exchange ,commission and the ,commodity ,futures ,trading ,commission4 4 7b7 ,withholding ,subchapter ,a of chapter #c of such ,code is amended by adding at the end the following new section3 #addg4 ,withholding on securities transactions 7a7 ,in general ,in the case of any outbound securities transaction1 the transferor shall deduct and withhold a tax equal to the tax imposed under section #ddge with respect to such transaction4 7b7 ,outbound securities transaction ,for purposes of this section1 the term outbound securities transaction means any covered transaction to which section #ddge7;a7 applies if-- 7#a7 such transaction does not occur on a trading facility located in the ,united ,states1 and 7#b7 the purchaser with respect to such transaction is not a ,united ,states person4 4 7c7 ,clerical amendments 7#a7 ,the table of subchapters for chapter #cf of the ,internal ,revenue ,code of #aihf is amended by inserting after the item relating to subchapter ,b the following new item3 ,subchapter ,c4 ,tax on ,securities ,transactions 4 7#b7 ,the table of sections for subchapter ,a of chapter #c of such ,code is amended by adding at the end the following new item3 ,sec4 #addg4 ,withholding on securities transactions4 4 7d7 ,effective date ,the amendments made by this section shall apply to transactions occurring more than #ahj days after the date of the enactment of this ,act4