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H.R. 5204 · 111th Congress

21st Century Full Employment and Training Act

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 D

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

21st Century Full Employment and Training Act - Directs the Secretary of Labor to establish a Full Employment National Trust Fund.

What it does: CRS summary · Introduced in House · May 4, 2010

21st Century Full Employment and Training Act - Directs the Secretary of Labor to establish a Full Employment National Trust Fund.

Amends the Internal Revenue Code to impose a tax on certain covered securities transactions, payable by trading facilities that deal in such transactions.

Requires amounts collected to be deposited into the Fund for: (1) Employment Opportunity Grants to states, local governments, and Indian tribes for job creating activities in communities where the rate of unemployment is higher than a specified graduated percentage for a number years; and (2) the Secretary to fund Workforce Investment programs.

Directs the Secretary to convene a national employment conference to bring together leaders of small and larger business, labor, government, and other parties to discuss employment, with particular attention to structural unemployment and the plight of disadvantaged youth.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: 21st Century Full Employment and Training Act

Latest action (May 27, 2010): Referred to the Subcommittee on Workforce Protections.

Policy area: Labor and Employment · Origin: House · Introduced: May 4, 2010

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.