US SB2691 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on July 30 2014 - 25% progression, died in committee
Action: 2014-07-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 30 2014 - 25% progression, died in committee
Action: 2014-07-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Pay for Performance Act - Amends title XX (Block Grants to States for Social Services and Elder Justice) of the Social Security Act to add a new part C (Social Impact Pay for Performance Contracts). Requires the Secretary of the Treasury to publish in the Federal Register a request for proposals from states or local governments for social impact pay for performance contract projects which produce measurable, clearly defined outcomes that result in social benefit, such as employment for the unemployed, high school graduation, and reduction of teen and unplanned pregnancies as well as incidences of child abuse and neglect. Requires applications to include a feasibility study, funded under this Act, which contains specified information. Requires the Secretary to decide whether to enter into such a contract within six months after receiving an application. Requires independent evaluation of a state or local government social impact pay for performance contract project. Makes appropriations for 10 years to carry out this Act. Establishes the Federal Interagency Council on Social Impact Pay for Performance Contracts. Authorizes the Comptroller General (GAO) to audit the activities of any state, local government, or nongovernment that receives funds under this Act. Amends the Community Reinvestment Act of 1977 to require the appropriate federal financial supervisory agency to consider, in assessing and taking into account the record of a financial institution in meeting the credit needs of its entire community, its investments in social impact pay for performance contract projects.
Title
Pay for Performance Act
Sponsors
Sen. Michael Bennet [D-CO] | Sen. Orrin Hatch [R-UT] |
History
Date | Chamber | Action |
---|---|---|
2014-07-30 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4885 (Related) 2014-06-18 - Referred to House Financial Services
Subjects
Academic performance and assessments
Adoption and foster care
Advisory bodies
Banking and financial institutions regulation
Cardiovascular and respiratory health
Child care and development
Crime prevention
Digestive and metabolic diseases
Disability and paralysis
Domestic violence and child abuse
Elementary and secondary education
Employment and training programs
Executive agency funding and structure
Government information and archives
Government studies and investigations
Health promotion and preventive care
Intergovernmental relations
Performance measurement
Poverty and welfare assistance
Public contracts and procurement
Public-private cooperation
Sex and reproductive health
Social welfare
State and local government operations
Teenage pregnancy
Unemployment
Wages and earnings
Youth employment and child labor
Adoption and foster care
Advisory bodies
Banking and financial institutions regulation
Cardiovascular and respiratory health
Child care and development
Crime prevention
Digestive and metabolic diseases
Disability and paralysis
Domestic violence and child abuse
Elementary and secondary education
Employment and training programs
Executive agency funding and structure
Government information and archives
Government studies and investigations
Health promotion and preventive care
Intergovernmental relations
Performance measurement
Poverty and welfare assistance
Public contracts and procurement
Public-private cooperation
Sex and reproductive health
Social welfare
State and local government operations
Teenage pregnancy
Unemployment
Wages and earnings
Youth employment and child labor
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2691/all-info |
Text | https://www.congress.gov/113/bills/s2691/BILLS-113s2691is.pdf |