Private-Public Partnership to Preserve Jobs in the Aviation Manufacturing Industry Act of 2020
This bill authorizes the Department of the Treasury, coordinating with the Department of Transportation, to partner with employers to supplement compensation of employees financially impacted by the COVID-19 (i.e., coronavirus disease 2019) public health emergency and to facilitate the effective economic recovery of the aviation manufacturing industry.
Additionally, Treasury may partner with an aviation manufacturing company to provide to the employer a public-partner contribution, that together with the private-partner contribution, shall constitute an amount sufficient to maintain the total compensation level of the at-risk employee group for a period not to exceed one year..
Any authority established by this bill and any agreement entered into by Treasury under this bill shall end on April 30, 2021.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3705 Introduced in Senate (IS)]
<DOC>
116th CONGRESS
2d Session
S. 3705
To establish a private-public partnership to preserve jobs in the
aviation manufacturing industry, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 13, 2020
Mr. Moran (for himself and Mr. Warner) introduced the following bill;
which was read twice and referred to the Committee on Commerce,
Science, and Transportation
_______________________________________________________________________
A BILL
To establish a private-public partnership to preserve jobs in the
aviation manufacturing industry, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Private-Public Partnership to
Preserve Jobs in the Aviation Manufacturing Industry Act of 2020''.
SEC. 2. DEFINITIONS.
In this Act:
(1) At-risk employee group.--The term ``at-risk employee
group'' means the portion of an employer's United States
workforce (hourly or exempt), that--
(A) does not exceed 25 percent of the employer's
total United States workforce; and
(B) is currently at risk of a permanent reduction
in force or furlough, but for the relief provided for
in this Act.
(2) Aviation manufacturing company.--The term ``aviation
manufacturing company'' means those businesses that hold a
Federal Aviation Administration Production or Repair Station
Certificate or other similar authorization from the Federal
Aviation Administration, and as the Secretary may determine,
may include suppliers of such businesses.
(3) COVID-19 public health emergency.--The term ``COVID-19
public health emergency'' means the public health emergency
with respect to the 2019 Novel Coronavirus.
(4) Employee.--Except where the context otherwise requires,
the term ``employee'' means any individual employed by an
employer.
(5) Employer.--Except where the context otherwise requires,
the term ``employer'' means an aviation manufacturing company.
(6) Private partner contribution.--The term ``private
partner contribution'' means the contribution funded by the
employer under this Act to maintain a minimum of 50 percent of
the at-risk employee group's total compensation level, and
combined with the public partner contribution, is sufficient to
maintain the total compensation level for the at-risk employee
group as of April 1, 2020.
(7) Public partner contribution.--The term ``public partner
contribution'' means the contribution funded by the Federal
Government under this Act to provide not more than 50 percent
of the at-risk employees group's total compensation level, and
combined with the private partner contribution, is sufficient
to maintain the total compensation level for those in the at-
risk employee group as of April 1, 2020.
(8) Secretary.--The term ``Secretary'' means the Secretary
of the Treasury, or the designee of the Secretary of the
Treasury.
(9) Total compensation level.--The term ``total
compensation level'' means the level of total base compensation
and benefits of an employee, excluding overtime and premium
pay, as of April 1, 2020.
SEC. 3. PRIVATE-PUBLIC PARTNERSHIP.
(a) In General.--Notwithstanding any other provision of law, to
help ensure the continued retention of employees in the aviation
manufacturing industry impacted by the COVID-19 public health
emergency, the Secretary is authorized to partner with employers to
supplement compensation of employees financially impacted by the COVID-
19 public health emergency and to facilitate the effective economic
recovery of the aviation manufacturing industry.
(b) Procedures.--As soon as practicable, but in no case not later
than 10 days after the date of enactment of this Act, the Secretary
shall publish procedures for application and minimum eligibility
requirements for participation in the private-public partnership
program authorized under this Act. Nothing in the preceding sentence
shall be construed as prohibiting the Secretary from publishing such
supplements to the initially published procedures as the Secretary
determines necessary.
(c) Terms and Conditions.--Upon application and certification, the
Secretary may partner with an aviation manufacturing company to provide
to the employer a public partner contribution, that together with the
private partner contribution, shall constitute an amount sufficient to
maintain the total compensation level of the at-risk employee group,
for a period not to exceed 1 year, if the Secretary determines that--
(1) the employer establishes that economic conditions as of
the date of the application would make necessary a permanent
reduction or furlough of a portion of its workforce devoted to
aviation manufacturing;
(2) there is an identifiable at-risk employee group;
(3) the employer agrees to fund the private partner
contribution for as long as it is accepting the public partner
contribution (and, in the event circumstances dictate that the
employer cease its participation in this program early, the
employer agrees and shall notify the Secretary that there shall
be no further obligation of the Secretary to fund the public
partner contribution);
(4) participation in the private-public partnership will
reduce the likelihood of a permanent reduction in force or
furlough of the at-risk employee group;
(5) the employer commits to refrain from any permanent
reduction in force or furlough of employees in the at-risk
employee group for as long as it accepts public partner
contributions for that group, subject to the employer's right
to discipline or terminate an employee in accordance with
employer policy;
(6) the employer shall use the public partner contribution
solely for the purpose of providing compensation and benefits
of the at-risk employee group and for no other purpose; and
(7) the public partner contribution shall be utilized
solely for compensation of United States-based employees.
(d) Authority for Public Partner Contributions.--The Secretary is
hereby authorized to enter into agreements and to provide public
partner contributions as envisioned under this Act. Such public partner
contributions combined together with the private partner contribution
shall be in an amount sufficient to maintain the total compensation
level for the at-risk employee group as of April 1, 2020, for a term to
be agreed, but for a duration lasting no more than 1 year.
(e) No Limit on Number Agreements With an Employer.--An employer
may seek and be granted public partner contributions under this Act on
multiple occasions.
(f) Coordination With Secretary of Transportation.--In implementing
this section, the Secretary shall coordinate with the Secretary of
Transportation.
(g) Termination.--The authority established by this Act, and any
agreement entered into by the Secretary under this Act, shall end on
April 30, 2021.
SEC. 4. AUTHORIZATION OF APPROPRIATIONS.
There is authorized to be appropriated, such sums as may be
necessary to carry out this Act.
<all>
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
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