retary of Transportation shall designate Federal tax incre-
ment financing districts to help State and local govern-
ment finance the cost for certain improvements and in-
vestment in public transportation, affordable housing, and 
other community development activities in an eligible area. 
(b) NUMBER OF DESIGNATIONS.—The Secretary of 
Transportation may annually designate nominated areas 
as a Federal value capture tax increment financing district 
under this section. 
(c) PERIOD FOR WHICH DESIGNATION IS IN EF-
FECT.— 
(1) IN GENERAL.—Any designation under this 
section shall remain in effect during the period be-
ginning on the date of the designation and ending 
on the earliest of— 
(A) December 31, 2030; 
(B) the termination date designated by the 
State and local governments as provided for in 
a nomination; or 
(C) the date on which the Secretary re-
vokes the designation. 
(2) REVOCATION OF DESIGNATION.—If appro-
priate, the Secretary may revoke the designation 
under this section of an area if such Secretary deter-
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mines that the local government or the State in 
which it is located— 
(A) has modified the boundaries of the 
area; or 
(B) is not complying substantially with, or 
fails to make progress in achieving the bench-
marks set forth in section 4. 
(d) LIMITATIONS ON DESIGNATIONS.—No area may 
be designated under this section unless— 
(1) the area is nominated by 1 or more local 
governments and the State or States in which it is 
located for designation under this section; 
(2) such State or States and the local govern-
ments have the authority— 
(A) to nominate the area for designation 
under this section; and 
(B) meet the Federal requirements de-
scribed in this title; 
(3) such State or States and the local govern-
ments meet the Federal value capture policy stand-
ards as described in section 4; 
(4) the Secretary determines that any informa-
tion furnished is reasonably accurate; and 
(5) such State or States and local governments 
certify that no portion of the area nominated is al-
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ready included in a Federal tax increment financing 
district, an infrastructure value capture zone, or in 
an area otherwise nominated to be designated under 
this section. 
(e) APPLICATION.—An eligible applicant shall submit 
to the Secretary an application that at minimum con-
tains— 
(1) a tax increment financing district strategic 
plan, including— 
(A) the boundaries of the tax increment 
district by legal description; 
(B) a list of the tax identification numbers 
for all lots or parcels within the tax increment 
district; 
(C) a description of the present condition 
and uses of all land and buildings within the 
tax increment district; 
(D) a description of the public facilities, 
improvements or programs within the tax incre-
ment district anticipated to be added and fi-
nanced in whole or in part; 
(E) a description of the industrial, com-
mercial, residential, mixed-use or retail im-
provements, downtown development or transit- 
oriented development within the tax increment 
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district anticipated to be financed in whole or in 
part; 
(F) a financial plan in accordance with 
subsection (c) of this section; 
(G) a plan for the proposed maintenance 
and operation of the tax increment district after 
the planned capital improvements are com-
pleted; and 
(H) the maximum duration of the tax in-
crement district, which may not exceed a total 
of thirty tax years beginning with the tax year 
in which the tax increment district is estab-
lished; and 
(2) a financial plan for a tax increment financ-
ing strategic plan, including— 
(A) cost estimates for the public improve-
ments and developments anticipated in the dis-
trict strategic plan; 
(B) the maximum amount of indebtedness 
to be incurred to implement the district stra-
tegic plan; 
(C) sources of anticipated revenues; 
(D) a description of the terms and condi-
tions of any agreements, including any antici-
pated assessment agreements, contracts or 
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other obligations related to the district strategic 
plan; 
(E) estimates of increased assessed values 
of the tax increment district; and 
(F) the portion of the increased assessed 
values to be applied to the district strategic 
plan as captured assessed values and resulting 
tax increments in each year of the plan. 
SEC. 6. ELIGIBILITY CRITERIA. 
A nominated area shall be eligible for designation 
under section 5 only if the appropriate State or local gov-
ernment or agency— 
(1) designates a contiguous area within its ju-
risdiction as a transit-oriented development or tran-
sit-serve corridor; and 
(2) has created a tax increment financing dis-
trict or other value capture that meet the value cap-
ture standards as described in section 4. 
SEC. 7. VALUE CAPTURE TAX INCREMENT FINANCING DIS-
TRICTS; SPECIAL RULE FOR CAPITAL GAINS. 
(a) IN GENERAL.—The Secretary of the Treasury (or 
the Secretary’s delegate), after consultation with the Sec-
retary of Transportation, shall, with respect to designated 
Federal value capture tax increment financing districts as 
described in section 5— 
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(1) establish a procedure to certify the original 
assessed value of the Federal capital gain taxes 
within the boundaries of a Federal value capture tax 
increment financing district, 
(2) in each year after the establishment of a 
Federal value capture tax increment financing dis-
trict, certify with respect to such district the amount 
of— 
(A) the assessed value of capital gains col-
lected, 
(B) the amount by which the current as-
sessed value has increased or decreased from 
the original assessed value, subject to any as-
sessment agreements, and 
(C) the amount of the captured assessed 
value, and 
(3) conduct such analysis as is necessary to de-
termine the maximum amount available of Federal 
guarantees of qualified transit-oriented development 
bonds, but not to exceed an annual amount to be de-
termined by the Secretary. 
(b) FEDERAL VALUE CAPTURE TAX INCREMENT FI-
NANCING DISTRICT.—For purposes of this section, the 
term ‘‘Federal value capture tax increment financing dis-
trict’’ means a targeted redevelopment area within a mu-
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nicipality, county, or other government entity, from which 
all or a portion of projected future property tax revenue 
increases is temporarily dedicated to finance infrastruc-
ture improvements (or other investments) with the objec-
tive of stimulating economic development. 
(c) RULEMAKING
AND REGULATIONS.—Not later 
than 1 year after the date of enactment of this Act, the 
Secretary of the Treasury shall issue such rules or regula-
tions as may be necessary or appropriate to carry out the 
purposes of this section. 
(d) NOTIFICATION TO CONGRESS.—At least 30 days 
before issuing a letter of intent for establishment of a Fed-
eral value capture tax increment district, the Secretary of 
the Treasury shall notify in writing the Committee on 
Banking, Housing, and Urban Affairs, the Committee on 
Finance, Committee on Environment and Public Works 
and the Committee on Appropriations of the Senate and 
the Committee on Transportation and Infrastructure, 
Committee on Ways and Means, and the Committee on 
Appropriations of the House of Representatives of the des-
ignated Federal value capture tax increment districts. The 
Secretary shall include with the notification a copy of the 
nomination application and designation as well as the eval-
uations and ratings for each designation. 
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(e) ASSESSMENT AGREEMENT.—For purposes of this 
section, the term ‘‘assessment agreement’’ means an 
agreement that establishes, with respect to a Federal value 
capture tax increment financing district— 
(1) the tax base, 
(2) the amount of increased tax collections to 
be dedicated to such district, 
(3) procedures for collecting funds, and 
(4) approved uses for funds. 
SEC. 8. EXPANSION OF LONG-TERM LOCAL FUNDING FOR 
PUBLIC INFRASTRUCTURE AND AFFORDABLE 
TRANSIT-ORIENTED DEVELOPMENT. 
(a) IN GENERAL.—Subpart A of part IV of sub-
chapter B of chapter 1 of the Internal Revenue Code of 
1986 is amended by adding at the end the following new 
section: 
‘‘SEC. 147A. QUALIFIED TRANSIT-ORIENTED DEVELOPMENT 
BONDS. 
‘‘(a) IN GENERAL.—In this section, the term ‘quali-
fied transit-oriented development bond’ means any private 
activity bond issued as part of an issue for the purposes 
of the acquisition, construction, reconstruction, or im-
provement of land or property that is within one half-mile 
of an existing or planned major public transportation facil-
ity including fixed-guideway transit stations (rail and bus 
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rapid transit), designated High Speed Rail or existing 
intercity rail stations, or an intermodal transportation sta-
tion. 
‘‘(b) A bond shall not be treated as a qualified tran-
sit-oriented development bond unless the issue described 
in subsection (a) is issued pursuant to relevant local gov-
ernment-adopted policies, as determined by the Secretary, 
that— 
‘‘(1) promote long-term affordable housing or 
affordable commercial spaces, 
‘‘(2) promote high-density, mixed-use develop-
ment near public transportation stations, 
‘‘(3) encourage value capture and value sharing 
that promotes greater investment in public transpor-
tation and affordable transit-oriented development, 
including any strategy developed under section 5341, 
‘‘(4) the payment of the principal and interest 
on such issue is primarily secured by taxes of gen-
eral applicability imposed by a general purpose gov-
ernmental unit, 
‘‘(5) a 25 to 50 percent increase, as determined 
by the Secretary, in real property tax revenues (at-
tributable to increases in assessed value) by reason 
of the carrying out of such purposes in such area is 
reserved exclusively for debt service on such issue 
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(and similar issues) to the extent such increase does 
not exceed such debt service, or 
‘‘(6) other value capture mechanisms including 
user fees, sales tax revenues, or other revenue 
sources dedicated to the project by property owners 
and businesses. 
‘‘(c) TRANSIT-ORIENTED DEVELOPMENT VOLUME 
CAP.— 
‘‘(1) IN GENERAL.—The aggregate face amount 
of Transit-oriented development bonds issued pursu-
ant to an issue, when added to the aggregate face 
amount of transit-oriented development bonds pre-
viously issued by the issuing authority during the 
calendar year, shall not exceed such issuing 
authority’s Move America volume cap for such year. 
‘‘(2) ALLOCATION
OF
VOLUME
CAP.—Each 
State may allocate the transit-oriented development 
volume cap of such State among governmental units 
(or other authorities) in such State having authority 
to issue private activity bonds. 
‘‘(d) APPLICATION OF DAVIS-BACON ACT REQUIRE-
MENTS WITH RESPECT TO FEDERAL VALUE CAPTURE 
TAX INCREMENT FINANCING DISTRICTS.—Subchapter IV 
of chapter 31 of the title 40, United States Code, shall 
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apply to projects financed with the proceeds of qualified 
transit-oriented development bonds.’’. 
(b) CONFORMING AMENDMENT.—The table of sec-
tions for subpart A of part IV of subchapter B of chapter 
1 of the Internal Revenue Code of 1986 is amended by 
adding at the end the following new item: 
‘‘Sec. 147A. Qualified transit-oriented development bonds.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the Secretary has determined the procedure described in 
section 8(a)(1). 
TITLE III—PROTECTING WORK-
ERS FOR A CLEAN FUTURE 
ACT 
SEC. 9. FINDINGS. 
Congress finds the following: 
(1) The fossil fuel and fossil fuel-dependent in-
dustries have been major drivers of employment and 
economic growth in regions throughout California. 
Yet, despite the success of these industries, many 
local residents are unemployed or live in poverty. In 
addition, nearby communities often suffer from pol-
lution, poor air and water quality, and other health 
hazards. The goal of community transition grants is 
to develop a vision for a future economy based on 
equity, sustainability, and shared prosperity. A re-
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gional approach requires bringing together a diverse 
set of stakeholders that represent the whole commu-
nity. This coalition must be capable of developing 
and implementing strategies to support workers and 
communities that will be affected by the transition 
away from fossil fuels. To be effective, coalitions 
should work closely with high road employers and in-
dustry leaders to identify in-demand skills and work-
force strategies that promote emerging and expand-
ing sectors of the regional economy. 
(2) These strategies should provide pathways 
for impacted workers to transition to other sustain-
able jobs and careers. They should also include the 
frontline communities who have historically been ex-
cluded from the economic benefits of the fossil fuel 
industry, while bearing the greatest costs of pollu-
tion and ecological damage. 
(3) Partnerships should include organizations 
representing workers and communities impacted by 
the fossil fuel industry and the transition to a car-
bon-constrained economy. Workers, residents, and 
community leaders have inherent knowledge of re-
gional dynamics, issues, and needs, and should func-
tion at the center of developing regional solutions. 
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(4) In addition, coalitions should be diverse and 
represent a wide range of regional interests and 
stakeholders, including organizations representing 
labor, environmental justice, industry, economic de-
velopment, local tribal and municipal government, 
and educational institutions. 
(5) As the United States and global economies 
shift from fossil fuels to more sustainable sources of 
energy, the fossil fuel workforce cannot be left be-
hind. They must be part of the conversation and 
have a role in shaping the transition. 
SEC. 10. RENEWABLE ENERGY TRANSITION GRANT PRO-
GRAM. 
(a) IN GENERAL.—The Secretary of Labor, in con-
sultation with the Secretary of Energy, shall establish a 
grant program for local governments for the purpose of 
developing a plan to transition workers from employment 
in fossil fuel industries to employment in sustainable in-
dustries. 
(b) ELIGIBILITY.—The Secretary of Labor may 
award grants under subsection (a) to a local or Tribal gov-
ernment that— 
(1) establishes industry or sector partnerships 
(as defined in section 3 of the Workforce Innovation 
and Opportunity Act (29 U.S.C. 3102)); 
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(2) is in a locality that the Secretary of Energy 
determines to have a percentage of traditional en-
ergy sector jobs that is average or above average rel-
ative to the United States; and 
(3) certifies that such local or Tribal govern-
ment will develop the transition plan described in 
subsection (a) in consultation with relevant State 
and other experts, including experts in energy labor, 
green economy policies, and energy policy, and with 
relevant State officials, if applicable. 
(c) DETERMINATION
OF PERCENTAGE
OF TRADI-
TIONAL ENERGY SECTOR JOBS.—In making the deter-
mination under subsection (b)(2), the Secretary of Labor 
shall take into consideration information from the report 
entitled ‘‘U.S. Energy and Employment Report’’ issued by 
the Secretary in January, 2017. 
(d) USE OF FUNDS.—Funds under subsection (a) 
may be used for the following purposes: 
(1) To develop a transition plan described in 
subsection (a). 
(2) To support an existing apprenticeship pro-
gram for apprenticeable occupation or, if in a non- 
traditional industry, to develop an apprenticeship 
program. 
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(3) To train individuals who are new to the 
workforce for jobs in sustainable industries, includ-
ing but not limited to, manufacturing, autonomous 
vehicles, 
electric 
vehicles, 
renewable 
energy, 
CERCLA remediation, and may include a partner-
ship or agreements with employers to provide jobs 
for trainees. 
(e) TRANSITION PLAN REQUIREMENTS.—A transi-
tion plan funded under subsection (a)— 
(1) shall include assistance for accessing all ex-
isting applicable Federal and State aid for displaced 
workers, including unemployment insurance, job 
transition training, and community services for the 
affected community as well as trade adjustment as-
sistance and other programs, if applicable; and 
(2) may also include assistance to supplement 
existing Federal and State aid, including funds for 
bridges to retirement for older workers, wage insur-
ance for workers who find employment in lower wage 
jobs, and funding for significant career change train-
ing for workers who wish to change careers, includ-
ing case management and career path counseling. 
(f) AUTHORIZATION.—There are authorized to be ap-
propriated such sums as necessary to carry out this sec-
tion. 
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SEC. 11. NATIONAL EMPLOYMENT CORPS. 
(a) ESTABLISHMENT.—There is established within 
the Department of Labor a National Employment Corps. 
(b) JOB GUARANTEE GRANTS.— 
(1) IN GENERAL.—If local government or Tribe 
described in section 10(b) executes a plan under sec-
tion 10 in good faith, but all workers described in 
section 10(a) are not successfully transitioned, the 
Secretary of Labor, acting through the National 
Employment Corps, shall establish a program (here-
inafter referred to as the ‘‘program’’) to provide 
grants to local and Tribal governments to provide di-
rect employment projects for the purpose of guaran-
teeing a job and job training to any eligible worker 
not successfully transitioned under such plan. 
(2) USE OF FUNDS.—The grants under para-
graph (1) shall cover wage, benefits, and material 
expenses of eligible workers. 
(3) ELIGIBLE
WORKER.—In this section, the 
term ‘‘eligible worker’’ means any individual who 
loses a job or reasonably anticipates losing a job due 
to a transition from traditional energy sources to 
sustainable energy sources. 
(c) COORDINATION
OF FEDERAL EFFORTS.—The 
Corps shall work with Federal agencies to identify areas 
of needed investment in the United States economy, in-
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cluding infrastructure, energy efficiency, retrofitting, elder 
care, child care, job training, education, and health serv-
ices. 
(d) FEDERAL COMPONENT.— 
(1) IN GENERAL.—If projects funded under the 
program under subsection (b) are inadequate to 
maintain full employment in the locality or Tribe, 
the Secretary shall intervene in the locality or Tribe 
to provide adequate employment opportunities to 
guarantee employment to workers described in such 
subsection. 
(2) ADDITIONAL
SERVICES.—The Corps shall 
also offer the following services to eligible workers: 
(A) Supportive services. 
(B) Wrap-around services, including: 
(i) Transportation. 
(ii) Childcare. 
(iii) Job preparation services. 
(iv) Counseling. 
(C) Adult education and literacy activities. 
(D) Activities to assist justice-involved in-
dividuals. 
(3) WEBSITE AND DATABASE.—To assist with 
an individual’s move from the job guarantee to other 
employment opportunities under a National Employ-
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ment Corps, the Secretary shall establish a website 
and database listing individuals employed under the 
program as available for, and seeking, employment. 
Individuals shall be allowed up to one day (8 hours) 
per employed month to seek alternative employment 
and for professional development. 
(e) COORDINATION OF LOCAL EFFORTS.—Any local 
or Tribal government that receives a grant shall develop 
employment proposals in coordination with community 
leaders, labor organizations, and local residents to ensure 
the proposals will serve the needs of the constituents and 
available pool of labor. The employment proposals may not 
be used to employ individuals who will replace or speed 
the displacement of existing employees or individuals who 
would otherwise perform similar work. 
(f) EMPLOYMENT PROTECTIONS.— 
(1) COLLECTIVE BARGAINING UNITS.—Partici-
pants shall be included in an established bargaining 
unit and covered by any applicable collective bar-
gaining agreement upon the establishment of such 
agreement. 
(2) WAGES UNDER THE PROGRAM.—Wage vari-
ation shall be built into the program, as determined 
by the Secretary of Labor, to account for workers’ 
previous experience, education, and region of resi-
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dence, as well as the prospect of promotion within 
the National Employment Corps. 
(3) WEBSITE.—To manage projects past, 
present, and future, the National Employment Corps 
shall create a website where all projects will be list-
ed. 
(4) MINIMUM WAGE.—Any individual employed 
using funds under this section shall be paid wages 
at a rate that is not less than $15.00 per hour and 
that are comparable to wages in the region, plus 
benefits, and indexed for inflation. 
(g) APPRENTICESHIP DEFINED.—In this section, the 
term ‘‘apprenticeship’’ means an apprenticeship program 
registered under the Act of August 16, 1937 (commonly 
known as the ‘‘National Apprenticeship Act’’) (50 Stat. 
664, chapter 663; 29 U.S.C. 50 et seq.), including any 
requirement, standard, or rule promulgated under such 
Act, as such requirement, standard, or rule was in effect 
on December 30, 2019. 
Æ 
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