(1) GRANTS FOR INDIAN TRIBES AND DEPOSITS 
INTO DISCRETIONARY FUND.—Not more than 5 per-
cent of the funds appropriated to carry out this Act 
for any fiscal year shall be reserved for grants to In-
dian tribes and for deposit into a discretionary fund 
established by the Secretary for national demonstra-
tion projects and multi-jurisdictional projects. 
(2) GRANTS TO STATES.—Not more than 30 
percent of funds appropriated to carry out this Act 
for any fiscal year shall be allocated to States to dis-
tribute to units of general local government that do 
not qualify for funds under paragraph (3). 
(3) GRANTS
TO
UNITS
OF
GENERAL
LOCAL 
GOVERNMENT.—Grant funds that are not reserved 
under paragraphs (1) and (2) shall be allocated to 
metropolitan cities and urban counties using the for-
mula under section 106(b) of the Housing and Com-
munity Development Act of 1974 (42 U.S.C. 
5306(b)). 
(j) REPORTS.— 
(1) REPORTS
BY
GRANT
RECIPIENTS.—Not 
later than 90 days after the last day of each fiscal 
year in which assistance under this section is fur-
nished, a recipient of a grant under this section shall 
VerDate Mar 15 2010 
03:53 May 05, 2010
Jkt 089200
PO 00000
Frm 00016
Fmt 6652
Sfmt 6201
E:\BILLS\H5204.IH
H5204
rfrederick on DSKD9S0YB1PROD with BILLS
submit to the Secretary a report containing the fol-
lowing: 
(A) A description of the progress made in 
accomplishing the objectives of this chapter. 
(B) A summary of the use of the grant 
during the preceding fiscal year. 
(C) For units of general local government, 
a listing of each entity receiving funds and the 
amount of such grants, as well as a brief sum-
mary of the projects funded for each such unit, 
the extent of financial participation by other 
public or private entities, and the impact on 
employment and economic activity of such 
projects during the previous fiscal year. 
(D) For States, a listing of each unit of 
general local government receiving funds and 
the amount of such grants, as well as a brief 
summary of the projects funded for each such 
unit, the extent of financial participation by 
other public or private entities, and the impact 
on employment and economic activity of such 
projects during the previous fiscal year. 
(E) The amount of money received and ex-
pended during the fiscal year. 
VerDate Mar 15 2010 
03:53 May 05, 2010
Jkt 089200
PO 00000
Frm 00017
Fmt 6652
Sfmt 6201
E:\BILLS\H5204.IH
H5204
rfrederick on DSKD9S0YB1PROD with BILLS
(F) The number of individuals assisted 
under the grant whose household income is low- 
income, very low-income, or extremely low-in-
come (as such terms are used for purposes of 
the Housing Act of 1937 and the regulations 
there under (42 U.S.C. 1437 et seq.)). 
(G) The amount expended on administra-
tive costs during the fiscal year. 
(2) REPORT
TO
CONGRESS.—At least once 
every 6 months, the Secretary shall submit to Con-
gress a report on the use of grants awarded under 
this section and any progress in job creation. 
SEC. 5. NATIONAL EMPLOYMENT CONFERENCE. 
(a) IN GENERAL.—The Secretary shall convene a na-
tional employment conference not later than 1 year after 
the date of enactment of this Act, to bring together leaders 
of small and larger business, labor, government, and all 
other interested parties. 
(b) SUBJECT.—The subject of the conference shall be 
employment, with particular attention to structural unem-
ployment and the plight of disadvantaged youth. The con-
ference shall also focus on issues such as adequate and 
effective incentives for employers to hire the long-term un-
employed. 
Æ 
VerDate Mar 15 2010 
03:53 May 05, 2010
Jkt 089200
PO 00000
Frm 00018
Fmt 6652
Sfmt 6301
E:\BILLS\H5204.IH
H5204
rfrederick on DSKD9S0YB1PROD with BILLS