awards of stock, and other financial benefits of an 
employee, excluding overtime and premium pay, as 
of April 1, 2020. 
SEC. 3. PAYROLL SUPPORT EXTENSION PROGRAM. 
(a) IN GENERAL.—The Secretary of Transportation, 
in coordination with other appropriate Federal depart-
ments or agencies, shall establish a payroll support exten-
sion program to enter into agreements with aviation em-
ployers to provide a 50 percent share for the compensa-
tion, benefits, and training of at-risk employee groups fi-
nancially impacted by the COVID–19 public health emer-
gency. 
(b) PROCEDURES.—Not later than 10 days after the 
date of enactment of this Act, the Secretary shall estab-
lish, and make available to the public, procedures for ap-
plication and minimum eligibility requirements for partici-
pation in the program established under subsection (a). 
(c) COMPENSATION
CONTRIBUTIONS.—Under the 
program established under this section, the Secretary may 
enter into agreements to provide a 50 percent contribution 
to ensure the total compensation level of the at-risk em-
ployee group of an aviation employer for any period begin-
ning on or after April 1, 2020, and ending not later than 
April 30, 2023. 
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(d) ELIGIBILITY.—The Secretary may enter into an 
agreement with an aviation employer under this section 
if the Secretary determines that— 
(1) the aviation employer has experienced at 
least a 15 percent decline in revenues between Octo-
ber 1, 2019, and October 1, 2020; 
(2) the aviation employer has an identifiable at- 
risk employee group; 
(3) the aviation employer agrees to provide the 
non-Federal share of the agreement under this sec-
tion; 
(4) the aviation employer provides a written 
justification for the need for assistance, including 
the size of the at-risk employee group and a descrip-
tion of the economic conditions of the company that 
make Federal assistance necessary under this sec-
tion; and 
(5) receipt of assistance under this section will 
reduce the likelihood of a permanent reduction in 
force or furlough, or facilitate the retention or recall, 
of the at-risk employee group of the aviation em-
ployer. 
(e) REQUIREMENTS.—An agreement entered into 
under this section shall require that— 
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(1) the aviation employer may not carry out 
any permanent reduction in force or furlough of em-
ployees in the at-risk employee group for the dura-
tion of the agreement, subject to the aviation em-
ployer’s right to discipline or terminate an employee 
in accordance with policies of the aviation employer; 
(2) assistance provided under this section may 
not be used for stock buybacks or to pay out divi-
dends; 
(3) assistance provided under this section shall 
be used solely for the purpose of providing com-
pensation, benefits, and training of the at-risk em-
ployee group; 
(4) the aviation employer may not— 
(A) circumvent or abrogate a collective 
bargaining agreement, including any training 
provided for in such agreement; or 
(B) move jobs assisted by this program out 
of the United States; 
(5) the aviation employer may only provide 
compensation, benefits, and training to United 
States-based employees; and 
(6) restore the rights and protections for re-
turning employees as if such employees had not been 
involuntarily furloughed. 
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(f) DURATION OF AGREEMENT.—An agreement en-
tered into under this section shall be for a period not to 
exceed 6 months, and may be renewed for a period of 2 
years, at the discretion of the Secretary, so long as the 
Secretary recertifies such agreement every 6 months. 
(g) FEDERAL SHARE.—The Federal share of assist-
ance provided to an aviation employer under an agreement 
entered into pursuant to this section shall not exceed 50 
percent. 
(h) MULTIPLE AGREEMENTS.—The Secretary may 
enter into multiple agreements with an aviation employer 
under this section, except that the total assistance shall 
not exceed beyond the applicable at-risk employee group. 
(i) COORDINATION WITH EMPLOYEE RETENTION 
CREDIT.—The Secretary shall not enter into any agree-
ment under this section with an employer who was allowed 
a credit under section 2301 of the CARES Act for any 
calendar quarter ending before such agreement is entered 
into and such section 2301 shall not apply to any employer 
who enters into any agreement under this section. 
(j) REPORT.—An aviation employer entering into an 
agreement under this section shall submit to Congress, 
after submission to the Secretary for review, on the imple-
mentation and allocation of funds provided pursuant to 
this section. 
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(k) TAX TREATMENT.—For purposes of the Internal 
Revenue Code of 1986, any public partner contribution 
provided by the Secretary under this section which is re-
ceived by any employee shall be included in the gross in-
come of such employee and no deduction shall be allowed 
under such Code to the employer with respect to any such 
contribution. 
(l) TERMINATION.— 
(1) SUNSET.—The authority established by this 
Act shall end on April 30, 2023. 
(2) AGREEMENT
DURATION.—No agreement 
may be entered into under this section that provides 
for assistance after April 30, 2023. 
(m) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated $15,000,000,000 to carry 
out this Act. 
Æ 
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