H.R. 8002, A Bill To Preserve Jobs in the Aviation Manufacturing Industry
Summary
H.R. 8002 is a bill of the 116th Congress, 2d Session, introduced in the House of Representatives on August 11, 2020 by Estes, Larsen of Washington and others, and referred to Financial Services and in addition to Ways and Means. Its stated purpose is to establish a program to preserve jobs in the aviation manufacturing industry. Section 3 directs the Secretary of the Treasury, in coordination with the Secretary of Transportation, to set up a payroll support extension program under which agreements provide up to a 50 percent share of compensation for an at-risk employee group, defined as 25 percent of an employer's United States workforce. Assistance may not be used for stock buybacks or dividends, and the authority ends April 30, 2022.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Bills 116Hr8002Ih 01C89C2Ae211
- Case
- Bills 116Hr8002Ih 01C89C2Ae211
Cite this document
“H.R. 8002, A Bill To Preserve Jobs in the Aviation Manufacturing Industry.”
Original at docs.house.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-116hr8002ih-01c89c2ae211/
, SHA-256 01c89c2ae211e6f98744a3666994bad363f53526bd681d912929e14c913e3dee.Full text
I
116TH CONGRESS
2D SESSION
H. R. 8002
To establish a program to preserve jobs in the aviation manufacturing
industry, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
AUGUST 11, 2020
Mr. ESTES (for himself, Mr. LARSEN of Washington, Mr. MARSHALL, Mr.
COLE, Mr. CONNOLLY, Ms. DAVIDS of Kansas, Ms. SCHRIER, and Mr.
CARBAJAL) introduced the following bill; which was referred to the Com-
mittee on Financial Services, 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 juris-
diction of the committee concerned
A BILL
To establish a program to preserve jobs in the aviation
manufacturing industry, and for other purposes.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Aviation Manufac-
5 turing Jobs Protection Act of 2020’’.
6 SEC. 2. DEFINITIONS.
pamtmann on DSKBC07HB2PROD with BILLS
7 In this Act:
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
2
1 (1) AT-RISK EMPLOYEE GROUP.—The term ‘‘at-
2 risk employee group’’ means—
3 (A) the 25 percent of an employer’s United
4 States workforce that is most at risk of a per-
5 manent reduction in force or furlough due to
6 the COVID–19 public health emergency; but
7 (B) does not include senior executive em-
8 ployees.
9 (2) AVIATION EMPLOYER.—The term ‘‘aviation
10 employer’’ means an aviation manufacturing com-
11 pany.
12 (3) AVIATION MANUFACTURING COMPANY.—
13 The term ‘‘aviation manufacturing company’’ means
14 a corporation, firm, or other business entity that—
15 (A) holds a type or production certificate
16 or similar authorization issued under section
17 44704 of title 49, United States Code;
18 (B) holds a certificate issued under part
19 145 of title 14, Code of Federal Regulations,
20 for maintenance, repair, and overhaul of air-
21 craft, aircraft engines, components, or propel-
22 lers; or
23 (C) under contract or subcontract, pro-
pamtmann on DSKBC07HB2PROD with BILLS
24 duces components, parts, or systems of aircraft,
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
3
1 aircraft engines, or appliances for inclusion in
2 an aircraft, aircraft engine, or appliance.
3 (4) COVID–19 PUBLIC HEALTH EMERGENCY.—
4 The term ‘‘COVID–19 public health emergency’’
5 means the public health emergency with respect to
6 the 2019 Novel Coronavirus.
7 (5) SENIOR EXECUTIVE EMPLOYEE.—The term
8 ‘‘senior executive employee’’ means a chief executive
9 officer, chief operating officer, or chief financial offi-
10 cer.
11 (6) TOTAL COMPENSATION LEVEL.—The term
12 ‘‘total compensation level’’ means the level of total
13 base compensation and benefits of an employee, ex-
14 cluding overtime and premium pay, as of April 1,
15 2020.
16 SEC. 3. PAYROLL SUPPORT EXTENSION PROGRAM.
17 (a) IN GENERAL.—The Secretary of the Treasury, in
18 coordination with the Secretary of Transportation, shall
19 establish a payroll support extension program to enter into
20 agreements with aviation employers to provide up to a 50
21 percent share for the compensation of employees finan-
22 cially impacted by the COVID–19 public health emer-
23 gency.
pamtmann on DSKBC07HB2PROD with BILLS
24 (b) PROCEDURES.—Not later than 10 days after the
25 date of enactment of this Act, the Secretary shall estab-
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
4
1 lish, and make available to the public, procedures for ap-
2 plication and minimum eligibility requirements for partici-
3 pation in the program established under subsection (a).
4 (c) COMPENSATION CONTRIBUTIONS.—Under the
5 program established under this section, the Secretary may
6 enter into agreements to provide up to a 50 percent con-
7 tribution to ensure the total compensation level of the at-
8 risk employee group of an aviation employer for any period
9 beginning on or after April 1, 2020, and ending not later
10 than April 30, 2022.
11 (d) ELIGIBILITY.—The Secretary may enter into an
12 agreement with an aviation employer under this section
13 if the Secretary determines that—
14 (1) the aviation employer establishes that eco-
15 nomic conditions as of the date of the application for
16 assistance under this section make necessary a per-
17 manent reduction or furlough of a portion of the
18 workforce of such employer that is devoted to avia-
19 tion manufacturing;
20 (2) the aviation employer has an identifiable at-
21 risk employee group;
22 (3) the aviation employer agrees to provide the
23 non-Federal share of the agreement under this sec-
pamtmann on DSKBC07HB2PROD with BILLS
24 tion; and
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
5
1 (4) receipt of assistance under this section will
2 reduce the likelihood of a permanent reduction in
3 force or furlough of the at-risk employee group of
4 the aviation employer.
5 (e) REQUIREMENTS.—An agreement entered into
6 under this section shall require that—
7 (1) the aviation employer may not carry out
8 any permanent reduction in force or furlough of em-
9 ployees in the at-risk employee group for the dura-
10 tion of the agreement, subject to the aviation em-
11 ployer’s right to discipline or terminate an employee
12 in accordance with policies of the aviation employer;
13 (2) assistance provided under this section may
14 not be used for stock buybacks or to pay out divi-
15 dends;
16 (3) assistance provided under this section shall
17 be used solely for the purpose of providing com-
18 pensation and benefits of the at-risk employee
19 group;
20 (4) the aviation employer may not—
21 (A) circumvent or abrogate a collective
22 bargaining agreement at a partner company; or
23 (B) move jobs assisted by this program out
pamtmann on DSKBC07HB2PROD with BILLS
24 of the United States; and
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
6
1 (5) the aviation employer may only provide
2 compensation to United States-based employees.
3 (f) DURATION OF AGREEMENT.—An agreement en-
4 tered into under this section shall be for a period not to
5 exceed 6 months, and may be renewed for a period of 2
6 years, at the discretion of the Secretary, so long as the
7 Secretary recertifies such agreement every 6 months.
8 (g) FEDERAL SHARE.—The Federal share of assist-
9 ance provided to an aviation employer under an agreement
10 entered into pursuant to this section shall not exceed 50
11 percent.
12 (h) MULTIPLE AGREEMENTS.—The Secretary may
13 enter into multiple agreements with an aviation employer
14 under this section, except that the total assistance shall
15 not exceed beyond the applicable at-risk employee group.
16 (i) COORDINATION WITH EMPLOYEE RETENTION
17 CREDIT.—The Secretary shall not enter into any agree-
18 ment under this section with an employer who was allowed
19 a credit under section 2301 of the CARES Act for any
20 calendar quarter ending before such agreement is entered
21 into and such section 2301 shall not apply to any employer
22 who enters into any agreement under this section.
23 (j) REPORT.—An aviation employer entering into an
pamtmann on DSKBC07HB2PROD with BILLS
24 agreement under this section shall submit to Congress,
25 after submission to the Secretary for review, on the imple-
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\H8002.IH H8002
7
1 mentation and allocation of funds provided pursuant to
2 this section.
3 (k) TAX TREATMENT.—For purposes of the Internal
4 Revenue Code of 1986, any public partner contribution
5 provided by the Secretary under this section which is re-
6 ceived by any employee shall be included in the gross in-
7 come of such employee and no deduction shall be allowed
8 under such Code to the employer with respect to any such
9 contribution.
10 (l) TERMINATION.—
11 (1) SUNSET.—The authority established by this
12 Act shall end on April 30, 2022.
13 (2) AGREEMENT DURATION.—No agreement
14 may be entered into under this section that provides
15 for assistance after April 30, 2022.
Æ
pamtmann on DSKBC07HB2PROD with BILLS
•HR 8002 IH
VerDate Sep 11 2014 02:09 Aug 29, 2020 Jkt 099200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6301 E:\BILLS\H8002.IH H8002
File and source
- File
- bills-116hr8002ih-01c89c2ae211.pdf
- Size
- 307,286 bytes
- SHA-256
- 01c89c2ae211e6f98744a3666994bad363f53526bd681d912929e14c913e3dee
- Original
- docs.house.gov