,,ii ,cal5d> ,no4 #efc #aaf? ,,congress #b;d ,session ,s4 #dggd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #cj 7legislative day1 ,septemb] #bi71 #bjbj,mr4 ,wick] 7= himself & ,ms4 ,coll9s7 introduc$ ! foll[+ bill2 :i* 0 read ! fir/ "t ,octob] #a1 #bjbj,read ! second "t & plac$ on ! cal5d> ,a ,,bill ,to provide support = air c>ri] work]s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,air ,c>ri] ,work] ,support ,ext5sion ,act ( #bjbj4 #b4 ,def9itions ,unless o!rwise specifi$1 ! t]ms 9 section #djajb7;a7 ( title #di1 ,unit$ ,/ates ,code1 %all apply to ?is ,act1 except t-- 7#a7 ! t]m airl9e cat]+ employee means an employee :o p]=ms airl9e cat]+ s]vices2 7#b7 ! t]m airl9e cat]+ s]vices means prep>ation1 assembly1 or bo?1 ( food1 bev]ages1 provisions & relat$ supplies = deliv]y1 & ! deliv]y ( su* items1 directly to aircraft or to a location on or ne> airport prop]ty = subsequ5t deliv]y to aircraft2 7#c7 ! t]m contractor means-- 7,a7 a p]son t p]=ms1 "u contract ) a pass5g] air c>ri] conduct+ op]ations "u "p #aba ( title #ad1 ,code ( ,f$]al ,regulations-- 7i7 cat]+ functions2 or 7ii7 functions on ! prop]ty ( an airport t are directly relat$ to ! air transportation ( p]sons1 prop]ty1 or mail1 includ+ b n limit$ to ! load+ & unload+ ( prop]ty on aircraft2 assi/ance to pass5g]s "u "p #chb ( title #ad1 ,code ( ,f$]al ,regulations2 security2 airport ticket+ & *eck-9 functions2 gr\nd-h&l+ ( aircraft2 or aircraft clean+ & sanitization functions & wa/e removal2 or 7,b7 a subcontractor t p]=ms su* functions2 7#d7 ! t]m employee means an individual1 o!r ?an a corporate (fic]1 :o is employ$ by an air c>ri] or a contractor2 & 7#e7 ! t]m ,secret>y means ! ,secret>y ( ! ,treasury4 #c4 ,p&emic relief = aviation work]s 7a7 ,f9ancial assi/ance = employee wages1 sal>ies1 & b5efits ,not)/&+ any o!r provision ( law1 to pres]ve aviation jobs & comp5sate air c>ri] indu/ry work]s1 ! ,secret>y %all provide f9ancial assi/ance t %all exclusively be us$ = ! cont9uation ( paym5t ( employee wages1 sal>ies1 & b5efits to-- 7#a7 pass5g] air c>ri]s1 9 an aggregate am\nt up to #be1ejj1jjj1jjj2 7#b7 c>go air c>ri]s1 9 ! aggregate am\nt up to #cjj1jjj1jjj2 & 7#c7 contractors1 9 an aggregate am\nt up to #c1jjj1jjj1jjj4 7b7 ,adm9i/rative exp5ses ,not)/&+ any o!r provision ( law1 ! ,secret>y1 may use #ajj1jjj1jjj ( ! funds made available "u section #aa7;a7 = co/s & adm9i/rative exp5ses associat$ ) provid+ f9ancial assi/ance "u ?is ,act4 #d4 ,proc$ures = provid+ payroll support 7a7 ,aw>dable am\nts ,! ,secret>y %all provide f9ancial assi/ance "u ?is ,act-- 7#a7 to an air c>ri] requir$ to file reports pursuant to "p #bda ( title #ad1 ,code ( ,f$]al ,regulations1 z ( ,m>* #bg1 #bjbj1 9 an am\nt equal to-- 7,a7 ! am\nt su* air c>ri] receiv$ "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc72 or 7,b7 at ! reque/ ( su* air c>ri]1 ! am\nt ( ! sal>ies & b5efits report$ by ! air c>ri] to ! ,dep>tm5t ( ,transportation pursuant to su* "p #bda1 = ! p]iod f ,octob] #a1 #bjai1 ?r\gh ,m>* #ca1 #bjbj2 7#b7 to an air c>ri] t did n transmit reports "u su* "p #bda1 z ( ,m>* #bg1 #bjbj1 9 an am\nt equal to-- 7,a7 ! am\nt su* air c>ri] receiv$ "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc71 plus an additional #ae p]c5t ( su* am\nt2 or 7,b7 at ! reque/ ( su* c>ri]1 ! sum (-- 7i7 ! am\nt t su* air c>ri] c]tifies1 us+ sworn f9ancial /atem5ts or o!r appropriate data1 z ! am\nt ( total sal>ies & relat$ fr+e b5efits t su* air c>ri] incurr$ & w\ld be requir$ to be report$ to ! ,dep>tm5t ( ,transportation pursuant to su* "p #bda1 if ! c>ri] 7 requir$ to transmit su* in=mation dur+ ! p]iod f ,april #a1 #bjai1 ?r\gh ,septemb] #cj1 #bjai2 & 7ii7 an additional am\nt equal to ! diff]5ce betwe5 ! am\nt c]tifi$ "u clause 7i7 & ! am\nt ! air c>ri] receiv$ "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc72 & 7#c7 to a contractor 9 an am\nt equal to ! am\nt su* contractor receiv$ "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc74 7b7 ,additional aw>dable am\nts ,! ,secret>y %all provide f9ancial assi/ance "u ?is ,act to an air c>ri] t did n receive assi/ance "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc7 & does n transmit reports "u su* "p #bda 9 an am\nt t su* an air c>ri] c]tifies1 us+ sworn f9ancial /atem5ts or o!r appropriate data1 z ! am\nt ( total sal>ies & relat$ fr+e b5efits t su* air c>ri] incurr$ & w\ld be requir$ to be report$ to ! ,dep>tm5t ( ,transportation pursuant to su* "p #bda1 if ! c>ri] 7 requir$ to transmit su* in=mation dur+ ! p]iod f ,april #a1 #bjai1 ?r\gh ,septemb] #cj1 #bjai4 7c7 ,deadl9es & proc$ures 7#a7 ,9 g5]al 7,a7 ,=ms2 t]ms & conditions ,f9ancial assi/ance provid$ to an air c>ri] or contractor "u ?is ,act %all be 9 su* =m1 on su* t]ms & conditions 7includ+ requirem5ts = audits & ! clawback ( any f9ancial assi/ance provid$ ^u failure by a pass5g] air c>ri]1 c>go air c>ri]1 or contractor to honor ! assurances specifi$ 9 section #e71 z agre$ to by ! ,secret>y & ! recipi5t = assi/ance receiv$ "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc71 except :]e inconsi/5t ) ?is ,act4 7,b7 ,proc$ures ,! ,secret>y %all publi% /reaml9$ & exp$it$ proc$ures n lat] ?an #e days aft] ! date ( enactm5t ( ?is ,act = air c>ri]s & contractors to submit reque/s = f9ancial assi/ance "u ?is ,act4 7#b7 ,deadl9e = imm$iate payroll assi/ance ,n lat] ?an #aj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all make initial paym5ts to air c>ri]s & contractors t submit reque/s = f9ancial assi/ance approv$ by to ! ,secret>y4 7#c7 ,subsequ5t paym5ts ,! ,secret>y %all det]m9e an appropriate me?od = timely di/ribution ( paym5ts to air c>ri]s & contractors ) approv$ reque/s = f9ancial assi/ance f any funds rema9+ available aft] provid+ initial f9ancial assi/ance paym5ts "u p>agraph 7#b74 7d7 ,pro rata r$uctions ,! am\nts "u subsections 7a77#a77;,b71 7a77#b77;,b77i71 & 7b7 %all1 to ! maximum ext5t practicable1 be subject to ! same pro rata r$uction appli$ by ! ,secret>y to pass5g] or c>go air c>ri]s1 z applicable1 t receiv$ assi/ance "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc74 7e7 ,audits ,! ,inspector ,g5]al ( ! ,dep>tm5t ( ! ,treasury %all audit c]tifications made "u subsection 7a7 or 7b74 #e4 ,requir$ assurances 7a7 ,9 g5]al ,to be eligible = f9ancial assi/ance "u ?is ,act1 an air c>ri] or contractor %all ent] into an agreem5t ) ! ,secret>y1 or o!rwise c]tify 9 su* =m & mann] z ! ,secret>y %all prescribe1 t ! air c>ri] or contractor %all-- 7#a7 refra9 f conduct+ involunt>y furl\ghs or r$uc+ pay rates & b5efits until ,m>* #ca1 #bjba2 7#b7 ?r\gh ,m>* #ca1 #bjbb1 ensure t nei!r ! air c>ri] or contractor nor any affiliate ( ! air c>ri] or contractor may1 9 any transaction1 pur*ase an equity security ( ! air c>ri] or contractor or ! p>5t company ( ! air c>ri] or contractor t is li/$ on a national securities ex*ange2 7#c7 ?r\gh ,m>* #ca1 #bjbb1 ensure t ! air c>ri] or contractor %all n pay divid5ds1 or make o!r capital di/ributions1 ) respect to ! common /ock 7or equival5t int]e/7 ( ! air c>ri] or contractor2 & 7#d7 meet ! requirem5ts ( sections #f & #g4 7b7 ,dep>tm5t ( transportation au?ority to condition assi/ance on cont9uation ( s]vice 7#a7 ,9 g5]al ,! ,secret>y ( ,transportation is au?oriz$ to require1 to ! ext5t reasonable & practicable1 an air c>ri] provid$ f9ancial assi/ance "u ?is ,act to ma9ta9 s*$ul$ air transportation s]vice1 z ! ,secret>y ( ,transportation deems necess>y1 to ensure s]vices to any po9t s]v$ by t c>ri] be=e ,m>* #a1 #bjbj4 7#b7 ,requir$ consid]ations ,:5 consid]+ :e!r to ex]cise ! au?ority provid$ by ?is subsection1 ! ,secret>y ( ,transportation %all take into consid]ation ! air transportation ne$s ( small & remote communities & ! ne$ to ma9ta9 well-function+ heal? c>e supply *a9s1 includ+ m$ical devices & supplies1 & ph>maceutical supply *a9s4 7#c7 ,sunset ,! au?ority provid$ "u ?is subsection %all t]m9ate on ,april #a1 #bjbb1 & any requirem5ts issu$ by ! ,secret>y ( ,transportation "u ?is subsection %all cease to apply aft] t date4 #f4 ,protection ( collective b>ga9+ agreem5t 7a7 ,9 g5]al ,nei!r ! ,secret>y1 nor any o!r actor1 dep>tm5t1 or ag5cy ( ! ,f$]al ,gov]nm5t1 %all condition ! issuance ( f9ancial assi/ance "u ?is ,act on an air c>ri]'s or contractor's implem5tation ( measures to ent] into negotiations ) ! c]tifi$ b>ga9+ repres5tative ( a craft or class ( employees ( ! air c>ri] or contractor "u ! ,railway ,labor ,act 7#de ,u4,s4,c4 #aea et seq47 or ! ,national ,labor ,relations ,act 7#bi ,u4,s4,c4 #aea et seq471 reg>d+ pay or o!r t]ms & conditions ( employm5t4 7b7 ,p]iod ( effect ,) respect to an air c>ri] or contractor to :i* f9ancial assi/ance is provid$ "u ?is ,act1 ?is section %all be 9 effect ) respect to ! air c>ri] or contractor beg9n+ on ! date on :i* ! air c>ri] or contractor is fir/ issu$ su* f9ancial assi/ance & end+ on ,m>* #ca1 #bjba4 #g4 ,limitation on c]ta9 employee comp5sation 7a7 ,9 g5]al ,! ,secret>y may only provide f9ancial assi/ance "u ?is ,act to an air c>ri] or contractor aft] su* c>ri] or contractor ent]s into an agreem5t ) ! ,secret>y :i* provides t1 dur+ ! #b-ye> p]iod beg9n+ ,m>* #bd1 #bjbj1 & end+ ,m>* #bd1 #bjbb1 no (fic] or employee ( ! air c>ri] or contractor ^: total comp5sation exce$$ #dbe1jjj 9 cal5d> ye> #bjai 7o!r ?an an employee ^: comp5sation is det]m9$ ?r\gh an exi/+ collective b>ga9+ agreem5t ent]$ into prior to enactm5t ( ?is ,act7-- 7#a7 w receive f ! air c>ri] or contractor total comp5sation :i* exce$s1 dur+ any #ab consecutive mon?s ( su* #b-ye> p]iod1 ! total comp5sation receiv$ by ! (fic] or employee f ! air c>ri] or contractor 9 cal5d> ye> #bjai2 7#b7 w receive f ! air c>ri] or contractor sev]ance pay or o!r b5efits ^u t]m9ation ( employm5t ) ! air c>ri] or contractor :i* exce$s twice ! maximum total comp5sation receiv$ by ! (fic] or employee f ! air c>ri] or contractor 9 cal5d> ye> #bjai2 & 7#c7 no (fic] or employee ( ! eligible bus9ess ^: total comp5sation exce$$ #c1jjj1jjj 9 cal5d> ye> #bjai may receive dur+ any #ab consecutive mon?s ( su* p]iod total comp5sation 9 excess ( ! sum (-- 7,a7 #c1jjj1jjj2 & 7,b7 #ej p]c5t ( ! excess ov] #c1jjj1jjj ( ! total comp5sation receiv$ by ! (fic] or employee f ! eligible bus9ess 9 cal5d> ye> #bjai4 7b7 ,total comp5sation def9$ ,9 ?is section1 ! t]m total comp5sation includes sal>y1 bonuses1 aw>ds ( /ock1 & o!r f9ancial b5efits provid$ by an air c>ri] or contractor to an (fic] or employee ( ! air c>ri] or contractor4 #h4 ,tax pay] protection 7a7 ,,c>es ,act assi/ance recipi5ts ,) respect to a recipi5t ( assi/ance "u section #daac ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgc7 t receives assi/ance "u ?is ,act1 ! ,secret>y may receive w>rants1 options1 pref]r$ /ock1 debt securities1 notes1 or o!r f9ancial in/rum5ts issu$ by su* recipi5t 9 ! same =m & am\nt1 & "u ! same t]ms & conditions1 z agre$ to by ! ,secret>y & ! recipi5t = assi/ance receiv$ "u su* section #daac to provide appropriate comp5sation to ! ,f$]al ,gov]nm5t = ! provision ( ! f9ancial assi/ance "u ?is ,act4 7b7 ,o!r applicants ,) respect to an applicant t did n receive assi/ance "u su* section #daac1 ! ,secret>y may receive w>rants1 options1 pref]r$ /ock1 debt securities1 notes1 or o!r f9ancial in/rum5ts issu$ by an applicant t receives assi/ance "u ?is ,act 9 a =m & am\nt t are1 to ! maximum ext5t practicable1 ! same z ! t]ms & conditions z agre$ to by ! ,secret>y & simil>ly situat$ recipi5ts ( assi/ance "u su* section #daac to provide appropriate comp5sation to ! ,f$]al ,gov]nm5t = ! provision ( ! f9ancial assi/ance "u ?is ,act4 #i4 ,reports 7a7 ,report ,n lat] ?an ,may #a1 #bjba1 ! ,secret>y %all submit to ! ,committee on ,transportation & ,infra/ructure & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate a report on ! f9ancial assi/ance provid$ to air c>ri]s & contractors "u ?is ,act1 includ+ a description ( any f9ancial assi/ance provid$4 7b7 ,update ,n lat] ?an ! la/ day ( ! #a-ye> p]iod foll[+ ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all update & submit to ! ,committee on ,transportation & ,infra/ructure & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate ! report describ$ 9 subsection 7a74 #aj4 ,coord9ation ,9 implem5t+ ?is ,act1 ! ,secret>y %all coord9ate ) ! ,secret>y ( ,transportation4 #aa4 ,fund+ 7a7 ,direct appropriation ,not)/&+ any o!r provision ( law1 !re is appropriat$1 out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 #aa1djj1jjj1jjj to c>ry out ?is ,act4 7b7 ,transf] ( unobligat$ ,,c>es ,act funds ,9 addition to ! am\nt appropriat$ "u subsection 7a7 to c>ry out ?is ,act1 ! am\nts made available "u ! foll[+ provisions ( law are h]eby transf]r$ & made available to ! ,secret>y to c>ry out ?is ,act3 7#a7 #c1ajj1jjj1jjj f subsection 7b77#b7 ( section #djjc ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijdb74 7#b7 #aa1ajj1jjj1jjj f subsection 7b77#c7 ( section #djjc ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijdb74 7#c7 #c1bjj1jjj1jjj f subsection 7a77#b7 ( section #daab ( ! ,,c>es ,act 7#ae ,u4,s4,c4 #ijgb74 #ab4 ,effective ,date ,?is ,act %all take effect "o day aft] enactm5t4 ,octob] #a1 #bjbj,read ! second "t & plac$ on ! cal5d>