,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #hgj  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,febru>y #bg1 #bjac   
,mr4 ,cony]s 7= himself1 ,ms4 ,*u1 ,mr4 
,clay1 ,mr4 ,mc,dermott1 ,mr4 ,danny ,k4
 ,davis ( ,ill9ois1 ,mr4 ,ellison1 ,ms4 
,br[n ( ,florida1 ,mr4 ,cumm+s1 ,ms4    
,edw>ds1 ,ms4 ,eddie ,b]nice ,johnson ( 
,texas1 ,ms4 ,lee ( ,cali=nia1 ,mr4     
,grijalva1 ,mr4 ,ha/+s ( ,florida1 ,mr4 
,holt1 ,mr4 ,coh51 & ,ms4 ,fudge7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,education & !         
,work=ce1 & 9 addition to ! ,committee  
on ,ways & ,means1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to e/abli% !       
,national ,full ,employm5t ,tru/ ,fund  
to create employm5t opportunities = !   
unemploy$4  #a4 ,%ort title ,?is ,act   
%all be cit$ z ! ,humphrey-,hawk9s #ba/ 
,c5tury ,full ,employm5t & ,tra9+ ,act (
 #bjac4  #b4 ,def9itions ,9 ?is ,act !  

foll[+ def9itions apply3  7#a7 ,indian  
tribe ,! t]m ,indian tribe has ! mean+  
giv5 su* t]m 9 section #ajb7ag7 ( !     
,h\s+ & ,community ,developm5t ,act 7#db
 ,u4,s4,c4 #ecjb7ag774  7#b7 ,secret>y  
,! t]m ,secret>y means ! ,secret>y (    
,labor4  7#c7 ,small bus9ess ,! t]m     
small bus9ess has ! mean+ giv5 ! t]m    
small bus9ess conc]n "u section #c ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcb74  7#d7 ,/ate ,! t]m ,/ate has !   
mean+ giv5 su* t]m 9 section #ajb7b7 ( !
 ,h\s+ & ,community ,developm5t ,act    
7#db ,u4,s4,c4 #ecjb7b774  7#e7 ,tru/   
fund ,! t]m ,tru/ ,fund ref]s to ! ,full
 ,employm5t ,tru/ ,fund e/abli%$ "u     
section #c4  7#f7 ,unit ( g5]al local   
gov]nm5t ,! t]m unit ( g5]al local      
gov]nm5t has ! mean+ giv5 su* t]m 9     
section #ajb7a7 ( ! ,h\s+ & ,community  
,developm5t ,act 7#db ,u4,s4,c4         
#ecjb7a774  7#g7 ,urban c\nty ,! t]m    
urban c\nty has ! mean+ giv5 su* t]m 9  
section #ajb7f7 ( ! ,h\s+ & ,community  
,developm5t ,act 7#db ,u4,s4,c4         

#ecjb7f774  #c4 ,e/abli%m5t ,( ,full    
,employm5t ,national ,tru/ ,fund  7a7 ,9
 g5]al ,! ,secret>y %all e/abli% a ,full
 ,employm5t ,national ,tru/ ,fund 79 ?is
 ,act ref]r$ to z ! ,tru/ ,fund7 = !    
purposes (--  7#a7 provid+ fund+ = !    
,employm5t ,opportunity ,grants e/abli%$
 9 section #d2 &  7#b7 issu+ funds to ! 
,secret>y to fund ! ,work=ce ,inve/m5t  
,act ( #aiih 7#bi ,u4,s4,c4 #bhja et    
seq474  7b7 ,f9anc+ ! ,tru/ ,fund       
,subject to ! availability (            
appropriations = ?is purpose1 !         
,secret>y ( ! ,treasury %all annually   
make available to ! ,secret>y ( ,labor =
 deposit into ! ,tru/ ,fund an am\nt    
equal to ! am\nt collect$ = t ye> ?r\gh 
! tax describ$ 9 section #ddge ( !      
,int]nal ,rev5ue ,code ( #aihf1 z add$  
by section #g4  7c7 ,sep>ate ,tru/ ,fund
 ,acc\nts ,! ,tru/ ,fund %all consi/ (  
#b sep>ate acc\nts z foll[s3  7#a7 ,"o  
acc\nt %all consi/ ( #fg p]c5t ( ! funds
 made available = deposit "u subsection 
7b7 & %all be = ! ,employm5t            

,opportunity ,grants e/abli%$ 9 section 
#d4  7#b7 ,! o!r acc\nt %all consi/ (   
#cc p]c5t ( ! funds made available =    
deposit "u subsection 7b7 & %all be     
available to ! ,secret>y to fund        
programs "u ! ,work=ce ,inve/m5t ,act ( 
#aiih 7#bi ,u4,s4,c4 #bhja et seq474    
7d7 ,web ,site ,! ,secret>y %all e/abli%
 an ,int]net ,web site to s]ve z an     
in=mation cle>+h\se = job tra9+ &       
employm5t opportunities fund$ by ! ,tru/
 ,fund4  7e7 ,tra9+ /ip5d ,! ,secret>y  
%all promulgate regulations to enc\rage 
entities t receive funds "u programs "u 
! ,work=ce ,inve/m5t ,act ( #aiih 7#bj  
,u4,s4,c4 #bhja et seq47 t are fund$ by 
! acc\nt describ$ 9 subsection 7c77#b7  
to1 :5ev] possible1 e/abli% a tra9+     
/ip5d = individuals :o p>ticipate 9 su* 
programs4  #d4 ,employm5t opportunity   
grants to ,/ates1 local gov]nm5t1 &     
,indian tribes  7a7 ,employm5t grants   
cont+5t on level ( unemploym5t ,subject 
to ! availability ( funds 9 ! ,tru/     
,fund = activities "u ?is section1 if1  

at ! beg9n+ ( a fiscal ye>1 ! economy is
 n at a level ( full employm5t1 z       
det]m9$ by ! ,*airman ( ! ,f$]al ,res]ve
 ,bo>d1 ! ,secret>y %all make grants =  
su* fiscal ye>1 9 am\nts total+ #ij     
p]c5t ( su* funds available1 to ,/ates1 
units ( g5]al local gov]nm5t1 & ,indian 
tribes to c>ry out activities 9         
accordance ) ?is section4  7b7 ,purpose 
,grants made "u ?is section %all be =   
creat+ employm5t opportunities =        
unemploy$ & und]employ$ resid5ts (      
di/ress$ communities 9 activities       
design$ to address community ne$s &     
r$uce disp>ities 9 heal?1 h\s+1         
education1 job read9ess1 & public       
infra/ructure t h imp$$ ^! communities f
 realiz+ _! full economic pot5tial4  7c7
 ,use ( funds ,a recipi5t ( a grant "u  
?is section %all use ! grant = ! foll[+ 
purposes3  7#a7 ,dur+ ! initial #i-mon? 
p]iod 9 :i* grants are made "u ?is      
section1 ea* grant %all be us$ only to  
fund ! foll[+ types ( fa/-track job     
placem5ts3  7,a7 ,! pa9t+ & repair (    

s*ools1 community c5t]s1 & libr>ies4    
7,b7 ,! re/oration & revitalization (   
ab&on$ & vacant prop]ties to alleviate  
blight 9 di/ress$ & =eclosure-affect$   
areas ( a unit ( g5]al local gov]nm5t4  
7,c7 ,! expansion ( em]g5cy food        
programs to r$uce hung] & promote family
 /ability4  7,d7 ,! augm5tation ( /aff+ 
9 ,head ,/>t1 *ild c>e1 & o!r e>ly      
*ildhood education programs to promote  
s*ool read9ess & e>ly lit]acy4  7,e7 ,! 
r5ovation & enhancem5t ( ma9t5ance (    
p>ks1 playgr\nds1 & o!r public spaces4  
7#b7 ,foll[+ ! #i-mon? p]iod describ$ 9 
p>agraph 7#a71 a recipi5t ( a grant may 
use ! rema9+ am\nt ( ! grant to assi/   
public entities1 nonpr(it community-bas$
 organizations1 public-private          
p>tn]%ips1 or small bus9esses to create 
opportunities = employm5t 9 ! foll[+    
areas3  7,a7 ,con/ruction1              
re-con/ruction1 rehabilitation1 & site  
improvem5ts ( resid5ces or public       
facilities1 includ+ improvem5ts 9 !     
en]gy effici5cy or environm5tal quality 

( su* public facilities or resid5ces4   
7,b7 ,provision ( human s]vices1 includ+
 *ild c>e s]vices1 heal? c>e s]vices1   
education1 or recreational programs4    
7,c7 ,! rem$iation & demolition ( vacant
 & ab&on$ prop]ties to elim9ate blight4 
7,d7 ,programs t provide disadvantag$   
y\? ) opportunities = employm5t1        
education1 lead]%ip developm5t1         
entrepr5eurial skills developm5t1 &     
tra9+4  7#c7 ,provid+ supplem5tal labor 
= exi/+ f$]ally or ,/ate-fund$          
infra/ructure projects4  7#d7 ,provid+  
supplem5tal labor = exi/+ f$]ally or    
,/ate-fund$ projects aim$ at exp&+      
access to broadb& or wireless ,int]net  
s]vice4  7d7 ,consultation requir$ ,ea* 
grant recipi5t %all consult ) community 
lead]s1 includ+ labor organizations1    
nonpr(it community-bas$ organizations1  
local gov]nm5t (ficials1 & local        
resid5ts to--  7#a7 assess ! ne$s ( !   
community s]v$ by ! grant recipi5t2     
7#b7 det]m9e sectors ( ! local economy t
 are 9 ne$ ( employees2  7#c7 make      

recomm5dations = new employm5t          
opportunities 9 ! areas describ$ 9      
p>agraph 7#c72 &  7#d7 assess !         
effectiv5ess ( job placem5ts made "u    
p>agraph 7#a74  7e7 ,conditions ,z a    
condition ( receiv+ a grant "u ?is      
section1 a grant recipi5t %all--  7#a7  
agree to comply ) ! nondiscrim9ation    
policy set =? "u section #aji ( ! ,h\s+ 
& ,community ,developm5t ,act ( #aigd   
7#db ,u4,s4,c4 #ecji72  7#b7 allocate n 
less ?an #hj p]c5t ( ! fund+ allocat$ to
 ea* project fund$ "u ! grant to wages1 
b5efits1 & support s]vices1 includ+ *ild
 c>e s]vices1 = individuals employ$ on  
su* project2  7#c7 ensure t employm5t on
 any project fund$ "u ! grant is c>ri$  
out 9 accordance ) subsection 7c72  7#d7
 in/itute an outrea* program ) community
 organizations & s]vice provid]s 9      
l[-income communities to provide        
in=mation ab\t placem5ts fund$ "u !     
grant to individuals suit$ to p]=m      
community infra/ructure "w2 &  7#e7     
ensure t n less ?an #ce p]c5t (         

individuals employ$ "u ! grant are      
individuals describ$ 9 p>agraph         
7#d77;,b7 ( subsection 7f74  7f7        
,employm5t describ$ ,employm5t fund$ "u 
?is section %all meet ! foll[+          
specifications3  7#a7 ,any employ] t    
employs an individual ^: employm5t is   
fund$ "u ! grant %all--  7,a7 employ su*
 individual = n less ?an #ab mon?s2     
7,b7 employ su* individual = n less ?an 
#cj h\rs p] week2  7,c7 comply )        
responsible contractor /&>ds1 z det]m9$ 
by ! relevant (ficial 9 ! unit ( local  
g5]al gov]nm5t2  7,d7 provide           
comp5sation to su* individual equal to t
 :i* is paid to employees :o h be5      
employ$ to p]=m simil> "w prior to !    
date su* individual 0 hir$2 &  7,e7 if  
su* employm5t is 9 con/ruction1 provide 
comp5sation to any labor] or me*anic    
employ$ "u ! grant at rates n less ?an  
^? prevail+ on simil> con/ruction 9 !   
locality z det]m9$ by ! ,secret>y (     
,labor 9 accordance ) sub*apt] ,,iv (   
*apt] #ca ( title #dj1 ,unit$ ,/ates    

,code4  7#b7 ,no individual ^: employm5t
 is fund$ "u ! grant may "w = an employ]
 at :i* a collective b>ga9+ agreem5t is 
9 effect cov]+ ! same or simil> "w1     
unless--  7,a7 ! cons5t ( ! union at su*
 employ] is obta9$2 &  7,b7 negotiations
 h tak5 place betwe5 su* union & !      
employ] z to ! t]ms & conditions ( su*  
employm5t4  7#c7 ,an individual ^:      
employm5t is fund$ "u ?is ,act may n    
displace o!r employees ^: employm5t is n
 fund$ "u ?is ,act4 ,a grant recipi5t "u
 ?is ,act may n hire an employee or     
employees ) funds "u ?is ,act = any     
employm5t :i* ! grant recipi5t w\ld     
o!rwise hire an employee :o has be5     
furl\gh$4  7#d7 ,an individual ^:       
employm5t is fund$ "u ?is ,act %all be--
  7,a7 unemploy$ = n less ?an #bf weeks 
prior to ! receipt ( ! grant1 z v]ifi$  
by ! ,/ate or local dep>tm5t ( labor1   
dep>tm5t ( welf>e1 or simil> (fice *>g$ 
) ma9ta9+ records ( unemploym5t2 or     
7,b7 unemploy$ = n less ?an #cj days    
prior to ! receipt ( ! grant & be a     

l[-income individual :o is a memb] ( a  
t>get$ gr\p 7z def9$ by section #ea7;d7 
( ! ,int]nal ,rev5ue ,code ( #aihf7 z   
v]ifi$ by ! ,/ate or local dep>tm5t (   
labor1 dep>tm5t ( welf>e1 or simil>     
(fice *>g$ ) ma9ta9+ records (          
unemploym5t4  ,= purposes ( subp>agraph 
7,b71 ! hir+ date 7z def9$ 9 section    
#ea7;d77#aa7 ( su* ,code7 %all be ! hir+
 date by an employ] :o receives a grant 
pursuant to ?is section4  7g7 ,aw>d (   
,grants  7#a7 ,selection crit]ia ,9     
select+ a project to receive fund+ =    
employ+ ! individuals describ$ 9        
subsection 7f77#d71 a grant recipi5t    
%all consid]--  7,a7 ! input ( all      
p>ticipants 9 a propos$ project1 includ+
 labor organizations1 community         
organizations1 & employ]s2  7,b7 ! ne$s 
( ! community int5d$ to b5efit f su*    
project2  7,c7 ! long-t]m goals &       
%ort-t]m objectives to address su* ne$s2
 &  7,d7 any recomm5dations = programs &
 activities develop$ to meet su* ne$s4  
7#b7 ,priority giv5 to c]ta9 projects ,a

 grant recipi5t "u ?is section %all give
 priority to projects t--  7,a7 s]ve    
areas ) ! greate/ level ( economic ne$1 
det]m9$ = ea* su* area by--  7i7 !      
unemploym5t rate2  7ii7 ! rate ( pov]ty2
  7iii7 ! numb] ( c5sus tracts )        
conc5trat$ pov]ty2  7iv7 ! l[e/ m$ian   
income2  7v7 ! p]c5tage ( vacant &      
ab&on$ prop]ties2  7vi7 ! p]c5tage (    
home =eclosures2 &  7vii7 ! indicators (
 poor resid5t heal?1 includ+ high rates 
( *ronic disease1 infant mortality1 &   
life expectancy2  7,b7 integrate        
education & job skills tra9+1 includ+   
basic skills in/ruction & second>y      
education s]vices2  7,c7 coord9ate to ! 
maximum ext5t feasible )                
pre-appr5tice%ip & appr5tice%ip         
programs2 &  7,d7 provide jobs 9 sectors
 :]e job gr[? is mo/ likely1 z det]m9$  
by ! ,secret>y1 & 9 :i* c>e] advancem5t 
opportunities exi/ to maximize long-t]m1
 su/a9able employm5t = individuals aft] 
employm5t fund$ "u ?is ,act ends4  7h7  
,allocation ( ,grants  7#a7 ,grants =   

,indian tribes & deposits into          
discretion>y fund ,n m ?an #e p]c5t ( ! 
funds available 9 ! ,tru/ ,fund =       
activities "u ?is section = any fiscal  
ye> %all be res]v$ = grants to ,indian  
tribes & = deposit into a discretion>y  
fund e/abli%$ by ! ,secret>y = national 
demon/ration projects &                 
multi-jurisdictional projects4  7#b7    
,grants to /ates ,n m ?an #cj p]c5t ( ! 
funds available 9 ! ,tru/ ,fund =       
activities "u ?is section = any fiscal  
ye> %all be allocat$ to ,/ates to       
di/ribute to units ( g5]al local        
gov]nm5t t d n qualify = funds "u       
p>agraph 7#c74  7#c7 ,grants to units ( 
g5]al local gov]nm5t ,grant funds t are 
n res]v$ "u p>agraphs 7#a7 & 7#b7 %all  
be allocat$ to metropolitan cities &    
urban c\nties us+ ! =mula "u section    
#ajf7;b7 ( ! ,h\s+ & ,community         
,developm5t ,act ( #aigd 7#db ,u4,s4,c4 
#ecjf7;b774  7i7 ,reports  7#a7 ,reports
 by grant recipi5ts ,n lat] ?an #ij days
 aft] ! la/ day ( ea* fiscal ye> 9 :i*  

assi/ance "u ?is section is furni%$1 a  
recipi5t ( a grant "u ?is section %all  
submit to ! ,secret>y a report conta9+ !
 foll[+3  7,a7 ,a description ( !       
progress made 9 accompli%+ ! objectives 
( ?is *apt]4  7,b7 ,a summ>y ( ! use ( !
 grant dur+ ! prec$+ fiscal ye>4  7,c7  
,= units ( g5]al local gov]nm5t1 a li/+ 
( ea* entity receiv+ funds & ! am\nt (  
su* grants1 z well z a brief summ>y ( ! 
projects fund$ = ea* su* unit1 ! ext5t (
 f9ancial p>ticipation by o!r public or 
private entities1 & ! impact on         
employm5t & economic activity ( su*     
projects dur+ ! previ\s fiscal ye>4     
7,d7 ,= ,/ates1 a li/+ ( ea* unit (     
g5]al local gov]nm5t receiv+ funds & !  
am\nt ( su* grants1 z well z a brief    
summ>y ( ! projects fund$ = ea* su*     
unit1 ! ext5t ( f9ancial p>ticipation by
 o!r public or private entities1 & !    
impact on employm5t & economic activity 
( su* projects dur+ ! previ\s fiscal    
ye>4  7,e7 ,! am\nt ( money receiv$ &   
exp5d$ dur+ ! fiscal ye>4  7,f7 ,! numb]

 ( individuals assi/$ "u ! grant ^:     
h\sehold income is l[-income1 v         
l[-income1 or extremely l[-income 7z su*
 t]ms are us$ = purposes ( ! ,h\s+ ,act 
( #aicg & ! regulations !reund] 7#db    
,u4,s4,c4 #adcg et seq4774  7,g7 ,!     
am\nt exp5d$ on adm9i/rative co/s dur+ !
 fiscal ye>4  7#b7 ,report to ,congress 
,at lea/ once e #f mon?s1 ! ,secret>y   
%all submit to ,congress a report on !  
use ( grants aw>d$ "u ?is section & any 
progress 9 job creation4  #e4 ,national 
,employm5t ,conf]5ce  7a7 ,9 g5]al ,!   
,secret>y %all conv5e a national        
employm5t conf]5ce n lat] ?an #a ye>    
aft] ! date ( enactm5t ( ?is ,act1 to   
br+ toge!r lead]s ( small1 m$ium1 & l>ge
 bus9esses1 labor1 gov]nm5t1 & all o!r  
int]e/$ p>ties4  7b7 ,subject ,! subject
 ( ! conf]5ce %all be employm5t1 )      
p>ticul> att5tion to /ructural          
unemploym5t & ! plight ( disadvantag$   
y\?4 ,! conf]5ce %all also focus on     
issues su* z adequate & effective       
inc5tives = employ]s to hire ! long-t]m 

unemploy$4  #f4 ,inclusion (            
m9ority-s]v+1 community-bas$            
organizations 9 ,,wia ,/ate & local     
work=ce inve/m5t ,bo>ds  7a7 ,/ate      
,bo>ds ,section #aaa7;b77#a77;,c77v7 ( !
 ,work=ce ,inve/m5t ,act ( #aiih 7#bi   
,u4,s4,c4 #bhba7;b77#a77;,c77v77 is     
am5d$ by ins]t+ be=e ! semicolon        
7includ+ n less ?an #be p]c5t ( ! *ief  
executive (fic]s ( m9ority-s]v+1        
community-bas$ organizations74  7b7     
,local ,bo>ds ,section                  
#aag7;b77#b77;,a77iv7 ( su* ,act 7#bi   
,u4,s4,c4 #bhcb7;b77#b77;,a77iv77 is    
am5d$ by ins]t+ 1 & n less ?an #be p]c5t
 ( ! *ief executive (fic]s (            
m9ority-s]v+1 community-bas$            
organizations aft] pres5t4  #g4 ,tax on 
securities transactions  7a7 ,9 g5]al   
,*apt] #cf ( ! ,int]nal ,rev5ue ,code ( 
#aihf is am5d$ by ins]t+ aft] sub*apt]  
,b ! foll[+ new sub*apt]3  ,c ,tax on   
securities transactions  ,sec4 #ddge4   
,tax on securities transactions4  #ddge4
 ,tax on securities transactions  7a7   

,imposition ( tax ,!re is h]eby impos$ a
 tax on ea* cov]$ securities transaction
 an am\nt equal to #j4be p]c5t ( ! value
 ( ! security involv$ 9 su* transaction4
  7b7 ,by :om paid ,! tax impos$ by ?is 
section %all be paid by ! trad+ facility
 on :i* ! transaction occurs4  7c7      
,cov]$ securities transaction ,! t]m    
cov]$ securities transaction means--    
7#a7 any transaction to :i* subsection  
7b71 7c71 or 7d7 ( section #ca ( !      
,securities ,ex*ange ,act ( #aicd       
applies1 &  7#b7 any transaction subject
 to ! exclusive jurisdiction ( !        
,commodity ,futures ,trad+ ,commission4 
7d7 ,adm9i/ration ,! ,secret>y %all c>ry
 out ?is section 9 consultation ) !     
,securities & ,ex*ange ,commission & !  
,commodity ,futures ,trad+ ,commission4 
4  7b7 ,cl]ical am5dm5t ,! table (      
sub*apt]s = *apt] #cf ( su* ,code is    
am5d$ by ins]t+ aft] ! item relat+ to   
sub*apt] ,b ! foll[+ new item3          
,sub*apt] ,c4 ,tax on securities        
transactions4  4  7c7 ,effective date ,!

 am5dm5ts made by ?is subsection %all   
apply to sales occurr+ m ?an #cj days   
aft] ! date ( ! enactm5t ( ?is ,act4