,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #hjjb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #aa1 #bjbj,mr4 ,e/es 7= himself1 ,mr4 ,l>s5 ( ,wa%+ton1 ,mr4 ,m>%all1 ,mr4 ,cole1 ,mr4 ,connolly1 ,ms4 ,davids ( ,kansas1 ,ms4 ,s*ri]1 & ,mr4 ,c>bajal7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 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% a program to pres]ve jobs 9 ! aviation manufactur+ indu/ry1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,aviation ,manufactur+ ,jobs ,protection ,act ( #bjbj4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,at-risk employee gr\p ,! t]m at-risk employee gr\p means-- 7,a7 ! #be p]c5t ( an employ]'s ,unit$ ,/ates work=ce t is mo/ at risk ( a p]man5t r$uction 9 =ce or furl\gh due to ! ,,covid-#ai public heal? em]g5cy2 b 7,b7 does n include s5ior executive employees4 7#b7 ,aviation employ] ,! t]m aviation employ] means an aviation manufactur+ company4 7#c7 ,aviation manufactur+ company ,! t]m aviation manufactur+ company means a corporation1 firm1 or o!r bus9ess entity t-- 7,a7 holds a type or production c]tificate or simil> au?orization issu$ "u section #ddgjd ( title #di1 ,unit$ ,/ates ,code2 7,b7 holds a c]tificate issu$ "u "p #ade ( title #ad1 ,code ( ,f$]al ,regulations1 = ma9t5ance1 repair1 & ov]haul ( aircraft1 aircraft eng9es1 compon5ts1 or propell]s2 or 7,c7 "u contract or subcontract1 produces compon5ts1 p>ts1 or sy/ems ( aircraft1 aircraft eng9es1 or appliances = inclusion 9 an aircraft1 aircraft eng9e1 or appliance4 7#d7 ,,covid-#ai public heal? em]g5cy ,! t]m ,,covid-#ai public heal? em]g5cy means ! public heal? em]g5cy ) respect to ! #bjai ,novel ,coronavirus4 7#e7 ,s5ior executive employee ,! t]m s5ior executive employee means a *ief executive (fic]1 *ief op]at+ (fic]1 or *ief f9ancial (fic]4 7#f7 ,total comp5sation level ,! t]m total comp5sation level means ! level ( total base comp5sation & b5efits ( an employee1 exclud+ ov]time & premium pay1 z ( ,april #a1 #bjbj4 #c4 ,payroll support ext5sion program 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 9 coord9ation ) ! ,secret>y ( ,transportation1 %all e/abli% a payroll support ext5sion program to ent] into agreem5ts ) aviation employ]s to provide up to a #ej p]c5t %>e = ! comp5sation ( employees f9ancially impact$ by ! ,,covid-#ai public heal? em]g5cy4 7b7 ,proc$ures ,n lat] ?an #aj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli%1 & make available to ! public1 proc$ures = application & m9imum eligibility requirem5ts = p>ticipation 9 ! program e/abli%$ "u subsection 7a74 7c7 ,comp5sation contributions ,"u ! program e/abli%$ "u ?is section1 ! ,secret>y may ent] into agreem5ts to provide up to a #ej p]c5t contribution to ensure ! total comp5sation level ( ! at-risk employee gr\p ( an aviation employ] = any p]iod beg9n+ on or aft] ,april #a1 #bjbj1 & end+ n lat] ?an ,april #cj1 #bjbb4 7d7 ,eligibility ,! ,secret>y may ent] into an agreem5t ) an aviation employ] "u ?is section if ! ,secret>y det]m9es t-- 7#a7 ! aviation employ] e/abli%es t economic conditions z ( ! date ( ! application = assi/ance "u ?is section make necess>y a p]man5t r$uction or furl\gh ( a portion ( ! work=ce ( su* employ] t is devot$ to aviation manufactur+2 7#b7 ! aviation employ] has an id5tifiable at-risk employee gr\p2 7#c7 ! aviation employ] agrees to provide ! non-,f$]al %>e ( ! agreem5t "u ?is section2 & 7#d7 receipt ( assi/ance "u ?is section w r$uce ! likelihood ( a p]man5t r$uction 9 =ce or furl\gh ( ! at-risk employee gr\p ( ! aviation employ]4 7e7 ,requirem5ts ,an agreem5t ent]$ into "u ?is section %all require t-- 7#a7 ! aviation employ] may n c>ry out any p]man5t r$uction 9 =ce or furl\gh ( employees 9 ! at-risk employee gr\p = ! duration ( ! agreem5t1 subject to ! aviation employ]'s "r to discipl9e or t]m9ate an employee 9 accordance ) policies ( ! aviation employ]2 7#b7 assi/ance provid$ "u ?is section may n be us$ = /ock buybacks or to pay out divid5ds2 7#c7 assi/ance provid$ "u ?is section %all be us$ solely = ! purpose ( provid+ comp5sation & b5efits ( ! at-risk employee gr\p2 7#d7 ! aviation employ] may n-- 7,a7 circumv5t or abrogate a collective b>ga9+ agreem5t at a p>tn] company2 or 7,b7 move jobs assi/$ by ?is program out ( ! ,unit$ ,/ates2 & 7#e7 ! aviation employ] may only provide comp5sation to ,unit$ ,/ates-bas$ employees4 7f7 ,duration ( agreem5t ,an agreem5t ent]$ into "u ?is section %all be = a p]iod n to exce$ #f mon?s1 & may be r5ew$ = a p]iod ( #b ye>s1 at ! discretion ( ! ,secret>y1 s long z ! ,secret>y rec]tifies su* agreem5t e #f mon?s4 7g7 ,f$]al %>e ,! ,f$]al %>e ( assi/ance provid$ to an aviation employ] "u an agreem5t ent]$ into pursuant to ?is section %all n exce$ #ej p]c5t4 7h7 ,multiple agreem5ts ,! ,secret>y may ent] into multiple agreem5ts ) an aviation employ] "u ?is section1 except t ! total assi/ance %all n exce$ beyond ! applicable at-risk employee gr\p4 7i7 ,coord9ation ) employee ret5tion cr$it ,! ,secret>y %all n ent] into any agreem5t "u ?is section ) an employ] :o 0 all[$ a cr$it "u section #bcja ( ! ,,c>es ,act = any cal5d> qu>t] end+ be=e su* agreem5t is ent]$ into & su* section #bcja %all n apply to any employ] :o ent]s into any agreem5t "u ?is section4 7j7 ,report ,an aviation employ] ent]+ into an agreem5t "u ?is section %all submit to ,congress1 aft] submission to ! ,secret>y = review1 on ! implem5tation & allocation ( funds provid$ pursuant to ?is section4 7k7 ,tax treatm5t ,= purposes ( ! ,int]nal ,rev5ue ,code ( #aihf1 any public p>tn] contribution provid$ by ! ,secret>y "u ?is section :i* is receiv$ by any employee %all be includ$ 9 ! gross income ( su* employee & no d$uction %all be all[$ "u su* ,code to ! employ] ) respect to any su* contribution4 7l7 ,t]m9ation 7#a7 ,sunset ,! au?ority e/abli%$ by ?is ,act %all end on ,april #cj1 #bjbb4 7#b7 ,agreem5t duration ,no agreem5t may be ent]$ into "u ?is section t provides = assi/ance aft] ,april #cj1 #bjbb4