WPA Act
- Last Action
- 2/25/2021
Actions
- 2021-02-25Referred to the Subcommittee on Worker and Family Support.
- 2021-02-25Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.
- 2021-02-25Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.
- 2021-02-25Introduced in House
- 2021-02-25Introduced in House
CRS Summary
As of 2021-02-25 (00)
Workforce Promotion and Access Act or the WPA Act
This bill requires the Department of Labor to establish a program to provide grants for job guarantee programs. Specifically, such grants are awarded on a competitive basis to political subdivisions of states, tribal entities, and outlying areas with a high unemployment rate to establish a program to ensure employment to residents. A job guarantee program qualifies under this bill if the jobs provided under the program pay a certain wage, are included in an established bargaining unit, provide health insurance, and comply with certain leave requirements.
The bill also imposes a trading excise tax, with certain exemptions, on certain transactions occurring on a qualified board or exchange in the United States or with respect to a derivative. The rate of such tax is 0.1% on purchases of stocks, bonds, and derivatives.
The tax applies to transactions by a controlled foreign corporation and must be paid by its U.S. shareholders.
Cosponsors (8)
- Ilhan Omar (D-MN)
- ELEANOR NORTON (D-DC)
- Rashida Tlaib (D-MI)
- Mondaire Jones (D-NY)
- Jesus Garcia (D-IL)
- ALCEE HASTINGS (D-FL)
- Mark DeSaulnier (D-CA)
- Donald Payne (D-NJ)
Subjects
- Accounting and auditing
- Adult day care
- Air quality
- Alternative and renewable resources
- Appropriations
- Cardiovascular and respiratory health
- Child care and development
- Child health
- Climate change and greenhouse gases
- Correctional facilities and imprisonment
- Department of Labor
- Disability assistance
- Economic development
- Elementary and secondary education
- Emergency medical services and trauma care
- Employee benefits and pensions
- Employee hiring
- Employee leave
- Employment and training programs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.