US HB4277 | 2011-2012 | 112th Congress


Status

September 26 2012 - Referred to the Subcommittee on Higher Education and Workforce Training.
Pending: House Subcommittee on Higher Education and Workforce Training Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Humphrey-Hawkins 21st Century Full Employment and Training Act of 2012 - Directs the Secretary of Labor to establish a Full Employment National Trust Fund with two separate accounts for: (1) Employment Opportunity Grants to states, local governments, and Indian tribes for job-creating activities in communities whose economy is not at a level of full employment; and (2) Workforce Investment programs. Establishes arbitration procedures for resolution of disputes for grant recipients. Requires the Secretary of Labor to post a whistleblower hotline on the Department of Labor's website for the public to report noncompliance with the Act's requirements. Directs the Secretary to convene a national employment conference to bring together leaders of small, medium, and large businesses, labor, government, and other parties to discuss employment, with particular attention to structural unemployment and the plight of disadvantaged youth. Amends the Workforce Investment Act of 1998 to revise member composition requirements for state and local workforce investment boards to include at least 25% of the chief executive officers of minority-serving, community-based organizations. Amends the Internal Revenue Code to impose a tax on certain covered securities transactions, payable by trading facilities or purchasers that deal in such transactions. Requires a transferor with respect to any outbound securities transaction to deduct and withhold a tax equal to the tax imposed on covered securities transactions.

Tracking Information

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Title

Humphrey-Hawkins 21st Century Full Employment and Training Act of 2012

Sponsors


History

DateChamberAction
2012-09-26HouseReferred to the Subcommittee on Higher Education and Workforce Training.
2012-03-28HouseReferred to House Ways and Means
2012-03-28HouseReferred to House Education and the Workforce
2012-03-28HouseReferred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Same As/Similar To

HB870 (Related) 2011-03-21 - Referred to the Subcommittee on Higher Education and Workforce Training.
HB2368 (Related) 2011-09-08 - Referred to the Subcommittee on Higher Education and Workforce Training.

Subjects


US Congress State Sources


Bill Comments

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