,i #aafth ,,congress #b;d ,session ,h4 ,r4 #hjjb ,,in ,,the ,,house ,,of ,,representatives ,august #aa1 #bjbj,mr4 ,estes 7for himself1 ,mr4 ,larsen of ,washington1 ,mr4 ,marshall1 ,mr4 ,cole1 ,mr4 ,connolly1 ,ms4 ,davids of ,kansas1 ,ms4 ,schrier1 and ,mr4 ,carbajal7 introduced the following bill2 which was referred to the ,committee on ,financial ,services1 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 a program to preserve jobs in the aviation manufacturing industry1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,aviation ,manufacturing ,jobs ,protection ,act of #bjbj4 #b4 ,definitions ,in this ,act3 7#a7 ,at-risk employee group ,the term at-risk employee group means-- 7,a7 the #be percent of an employer's ,united ,states workforce that is most at risk of a permanent reduction in force or furlough due to the ,,covid-#ai public health emergency2 but 7,b7 does not include senior executive employees4 7#b7 ,aviation employer ,the term aviation employer means an aviation manufacturing company4 7#c7 ,aviation manufacturing company ,the term aviation manufacturing company means a corporation1 firm1 or other business entity that-- 7,a7 holds a type or production certificate or similar authorization issued under section #ddgjd of title #di1 ,united ,states ,code2 7,b7 holds a certificate issued under part #ade of title #ad1 ,code of ,federal ,regulations1 for maintenance1 repair1 and overhaul of aircraft1 aircraft engines1 components1 or propellers2 or 7,c7 under contract or subcontract1 produces components1 parts1 or systems of aircraft1 aircraft engines1 or appliances for inclusion in an aircraft1 aircraft engine1 or appliance4 7#d7 ,,covid-#ai public health emergency ,the term ,,covid-#ai public health emergency means the public health emergency with respect to the #bjai ,novel ,coronavirus4 7#e7 ,senior executive employee ,the term senior executive employee means a chief executive officer1 chief operating officer1 or chief financial officer4 7#f7 ,total compensation level ,the term total compensation level means the level of total base compensation and benefits of an employee1 excluding overtime and premium pay1 as of ,april #a1 #bjbj4 #c4 ,payroll support extension program 7a7 ,in general ,the ,secretary of the ,treasury1 in coordination with the ,secretary of ,transportation1 shall establish a payroll support extension program to enter into agreements with aviation employers to provide up to a #ej percent share for the compensation of employees financially impacted by the ,,covid-#ai public health emergency4 7b7 ,procedures ,not later than #aj days after the date of enactment of this ,act1 the ,secretary shall establish1 and make available to the public1 procedures for application and minimum eligibility requirements for participation in the program established under subsection 7a74 7c7 ,compensation contributions ,under the program established under this section1 the ,secretary may enter into agreements to provide up to a #ej percent contribution to ensure the total compensation level of the at-risk employee group of an aviation employer for any period beginning on or after ,april #a1 #bjbj1 and ending not later than ,april #cj1 #bjbb4 7d7 ,eligibility ,the ,secretary may enter into an agreement with an aviation employer under this section if the ,secretary determines that-- 7#a7 the aviation employer establishes that economic conditions as of the date of the application for assistance under this section make necessary a permanent reduction or furlough of a portion of the workforce of such employer that is devoted to aviation manufacturing2 7#b7 the aviation employer has an identifiable at-risk employee group2 7#c7 the aviation employer agrees to provide the non-,federal share of the agreement under this section2 and 7#d7 receipt of assistance under this section will reduce the likelihood of a permanent reduction in force or furlough of the at-risk employee group of the aviation employer4 7e7 ,requirements ,an agreement entered into under this section shall require that-- 7#a7 the aviation employer may not carry out any permanent reduction in force or furlough of employees in the at-risk employee group for the duration of the agreement1 subject to the aviation employer's right to discipline or terminate an employee in accordance with policies of the aviation employer2 7#b7 assistance provided under this section may not be used for stock buybacks or to pay out dividends2 7#c7 assistance provided under this section shall be used solely for the purpose of providing compensation and benefits of the at-risk employee group2 7#d7 the aviation employer may not-- 7,a7 circumvent or abrogate a collective bargaining agreement at a partner company2 or 7,b7 move jobs assisted by this program out of the ,united ,states2 and 7#e7 the aviation employer may only provide compensation to ,united ,states-based employees4 7f7 ,duration of agreement ,an agreement entered into under this section shall be for a period not to exceed #f months1 and may be renewed for a period of #b years1 at the discretion of the ,secretary1 so long as the ,secretary recertifies such agreement every #f months4 7g7 ,federal share ,the ,federal share of assistance provided to an aviation employer under an agreement entered into pursuant to this section shall not exceed #ej percent4 7h7 ,multiple agreements ,the ,secretary may enter into multiple agreements with an aviation employer under this section1 except that the total assistance shall not exceed beyond the applicable at-risk employee group4 7i7 ,coordination with employee retention credit ,the ,secretary shall not enter into any agreement under this section with an employer who was allowed a credit under section #bcja of the ,,cares ,act for any calendar quarter ending before such agreement is entered into and such section #bcja shall not apply to any employer who enters into any agreement under this section4 7j7 ,report ,an aviation employer entering into an agreement under this section shall submit to ,congress1 after submission to the ,secretary for review1 on the implementation and allocation of funds provided pursuant to this section4 7k7 ,tax treatment ,for purposes of the ,internal ,revenue ,code of #aihf1 any public partner contribution provided by the ,secretary under this section which is received by any employee shall be included in the gross income of such employee and no deduction shall be allowed under such ,code to the employer with respect to any such contribution4 7l7 ,termination 7#a7 ,sunset ,the authority established by this ,act shall end on ,april #cj1 #bjbb4 7#b7 ,agreement duration ,no agreement may be entered into under this section that provides for assistance after ,april #cj1 #bjbb4