Title: Private-Public Partnership to Preserve Jobs in the Aviation Manufacturing Industry Act of 2020
Policy area: Transportation and Public Works

Summary:
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.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3705 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 3705

   To establish a private-public partnership to preserve jobs in the 
        aviation manufacturing industry, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 13, 2020

 Mr. Moran (for himself and Mr. Warner) introduced the following bill; 
    which was read twice and referred to the Committee on Commerce, 
                      Science, and Transportation

_______________________________________________________________________

                                 A BILL


 
   To establish a private-public partnership to preserve jobs in the 
        aviation manufacturing industry, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Private-Public Partnership to 
Preserve Jobs in the Aviation Manufacturing Industry Act of 2020''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) At-risk employee group.--The term ``at-risk employee 
        group'' means the portion of an employer's United States 
        workforce (hourly or exempt), that--
                    (A) does not exceed 25 percent of the employer's 
                total United States workforce; and
                    (B) is currently at risk of a permanent reduction 
                in force or furlough, but for the relief provided for 
                in this Act.
            (2) Aviation manufacturing company.--The term ``aviation 
        manufacturing company'' means those businesses that hold a 
        Federal Aviation Administration Production or Repair Station 
        Certificate or other similar authorization from the Federal 
        Aviation Administration, and as the Secretary may determine, 
        may include suppliers of such businesses.
            (3) COVID-19 public health emergency.--The term ``COVID-19 
        public health emergency'' means the public health emergency 
        with respect to the 2019 Novel Coronavirus.
            (4) Employee.--Except where the context otherwise requires, 
        the term ``employee'' means any individual employed by an 
        employer.
            (5) Employer.--Except where the context otherwise requires, 
        the term ``employer'' means an aviation manufacturing company.
            (6) Private partner contribution.--The term ``private 
        partner contribution'' means the contribution funded by the 
        employer under this Act to maintain a minimum of 50 percent of 
        the at-risk employee group's total compensation level, and 
        combined with the public partner contribution, is sufficient to 
        maintain the total compensation level for the at-risk employee 
        group as of April 1, 2020.
            (7) Public partner contribution.--The term ``public partner 
        contribution'' means the contribution funded by the Federal 
        Government under this Act to provide not more than 50 percent 
        of the at-risk employees group's total compensation level, and 
        combined with the private partner contribution, is sufficient 
        to maintain the total compensation level for those in the at-
        risk employee group as of April 1, 2020.
            (8) Secretary.--The term ``Secretary'' means the Secretary 
        of the Treasury, or the designee of the Secretary of the 
        Treasury.
            (9) Total compensation level.--The term ``total 
        compensation level'' means the level of total base compensation 
        and benefits of an employee, excluding overtime and premium 
        pay, as of April 1, 2020.

SEC. 3. PRIVATE-PUBLIC PARTNERSHIP.

    (a) In General.--Notwithstanding any other provision of law, to 
help ensure the continued retention of employees in the aviation 
manufacturing industry impacted by the COVID-19 public health 
emergency, the Secretary is authorized to partner with employers to 
supplement compensation of employees financially impacted by the COVID-
19 public health emergency and to facilitate the effective economic 
recovery of the aviation manufacturing industry.
    (b) Procedures.--As soon as practicable, but in no case not later 
than 10 days after the date of enactment of this Act, the Secretary 
shall publish procedures for application and minimum eligibility 
requirements for participation in the private-public partnership 
program authorized under this Act. Nothing in the preceding sentence 
shall be construed as prohibiting the Secretary from publishing such 
supplements to the initially published procedures as the Secretary 
determines necessary.
    (c) Terms and Conditions.--Upon application and certification, the 
Secretary 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 1 year, if the Secretary determines that--
            (1) the employer establishes that economic conditions as of 
        the date of the application would make necessary a permanent 
        reduction or furlough of a portion of its workforce devoted to 
        aviation manufacturing;
            (2) there is an identifiable at-risk employee group;
            (3) the employer agrees to fund the private partner 
        contribution for as long as it is accepting the public partner 
        contribution (and, in the event circumstances dictate that the 
        employer cease its participation in this program early, the 
        employer agrees and shall notify the Secretary that there shall 
        be no further obligation of the Secretary to fund the public 
        partner contribution);
            (4) participation in the private-public partnership will 
        reduce the likelihood of a permanent reduction in force or 
        furlough of the at-risk employee group;
            (5) the employer commits to refrain from any permanent 
        reduction in force or furlough of employees in the at-risk 
        employee group for as long as it accepts public partner 
        contributions for that group, subject to the employer's right 
        to discipline or terminate an employee in accordance with 
        employer policy;
            (6) the employer shall use the public partner contribution 
        solely for the purpose of providing compensation and benefits 
        of the at-risk employee group and for no other purpose; and
            (7) the public partner contribution shall be utilized 
        solely for compensation of United States-based employees.
    (d) Authority for Public Partner Contributions.--The Secretary is 
hereby authorized to enter into agreements and to provide public 
partner contributions as envisioned under this Act. Such public partner 
contributions combined together with the private partner contribution 
shall be in an amount sufficient to maintain the total compensation 
level for the at-risk employee group as of April 1, 2020, for a term to 
be agreed, but for a duration lasting no more than 1 year.
    (e) No Limit on Number Agreements With an Employer.--An employer 
may seek and be granted public partner contributions under this Act on 
multiple occasions.
    (f) Coordination With Secretary of Transportation.--In implementing 
this section, the Secretary shall coordinate with the Secretary of 
Transportation.
    (g) Termination.--The authority established by this Act, and any 
agreement entered into by the Secretary under this Act, shall end on 
April 30, 2021.

SEC. 4. AUTHORIZATION OF APPROPRIATIONS.

    There is authorized to be appropriated, such sums as may be 
necessary to carry out this Act.
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