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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Transportation and Public Works
Aviation and airportsCardiovascular and respiratory healthEconomic performance and conditionsEmergency medical services and trauma careInfectious and parasitic diseasesManufacturingPublic-private cooperationTransportation employeesUnemploymentWages and earnings
Private-Public Partnership to Preserve Jobs in the Aviation Manufacturing Industry Act of 2020
USA116th CongressS-3705| Senate
| Updated: 5/13/2020
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.
Aviation and airportsCardiovascular and respiratory healthEconomic performance and conditionsEmergency medical services and trauma careInfectious and parasitic diseasesManufacturingPublic-private cooperationTransportation employeesUnemploymentWages and earnings