Title: Aviation Manufacturing Jobs Protection Act of 2020
Policy area: Labor and Employment

Summary:
Aviation Manufacturing Jobs Protection Act of 2020  This bill makes available payroll assistance to eligible aviation employers impacted by the COVID-19 (i.e., coronavirus disease 2019) public health emergency. Specifically, aviation employers demonstrating that economic conditions require a permanent reduction or furlough of a portion of their employees may enter into an agreement with the Secretary of the Treasury to receive up to 50% of the amount of base compensation and benefits for the 25% of its employees most at risk of such reduction or furlough, excluding senior executive employees.  Assistance under this program is available through April 30, 2022, and Treasury must establish an application process and minimum eligibility requirements for participation in the program not later than 10 days after the enactment of this bill.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8002 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 8002

 To establish a program to preserve jobs in the aviation manufacturing 
                   industry, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            August 11, 2020

  Mr. Estes (for himself, Mr. Larsen of Washington, Mr. Marshall, Mr. 
    Cole, Mr. Connolly, Ms. Davids of Kansas, Ms. Schrier, and Mr. 
  Carbajal) introduced the following bill; which was referred to the 
 Committee on Financial Services, and in addition to the Committee on 
   Ways and Means, for a period to be subsequently determined by the 
  Speaker, in each case for consideration of such provisions as fall 
           within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
 To establish a program 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 ``Aviation Manufacturing Jobs 
Protection Act of 2020''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) At-risk employee group.--The term ``at-risk employee 
        group'' means--
                    (A) the 25 percent of an employer's United States 
                workforce that is most at risk of a permanent reduction 
                in force or furlough due to the COVID-19 public health 
                emergency; but
                    (B) does not include senior executive employees.
            (2) Aviation employer.--The term ``aviation employer'' 
        means an aviation manufacturing company.
            (3) Aviation manufacturing company.--The term ``aviation 
        manufacturing company'' means a corporation, firm, or other 
        business entity that--
                    (A) holds a type or production certificate or 
                similar authorization issued under section 44704 of 
                title 49, United States Code;
                    (B) holds a certificate issued under part 145 of 
                title 14, Code of Federal Regulations, for maintenance, 
                repair, and overhaul of aircraft, aircraft engines, 
                components, or propellers; or
                    (C) under contract or subcontract, produces 
                components, parts, or systems of aircraft, aircraft 
                engines, or appliances for inclusion in an aircraft, 
                aircraft engine, or appliance.
            (4) COVID-19 public health emergency.--The term ``COVID-19 
        public health emergency'' means the public health emergency 
        with respect to the 2019 Novel Coronavirus.
            (5) Senior executive employee.--The term ``senior executive 
        employee'' means a chief executive officer, chief operating 
        officer, or chief financial officer.
            (6) 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. PAYROLL SUPPORT EXTENSION PROGRAM.

    (a) In General.--The Secretary of the Treasury, in coordination 
with the Secretary of Transportation, shall establish a payroll support 
extension program to enter into agreements with aviation employers to 
provide up to a 50 percent share for the compensation of employees 
financially impacted by the COVID-19 public health emergency.
    (b) Procedures.--Not later than 10 days after the date of enactment 
of this Act, the Secretary shall establish, and make available to the 
public, procedures for application and minimum eligibility requirements 
for participation 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 
up to a 50 percent contribution to ensure the total compensation level 
of the at-risk employee group of an aviation employer for any period 
beginning on or after April 1, 2020, and ending not later than April 
30, 2022.
    (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 establishes that economic 
        conditions as of the date of the application for assistance 
        under this section make necessary a permanent reduction or 
        furlough of a portion of the workforce of such employer that is 
        devoted to aviation manufacturing;
            (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 section; and
            (4) receipt of assistance under this section will reduce 
        the likelihood of a permanent reduction in force or furlough of 
        the at-risk employee group of the aviation employer.
    (e) Requirements.--An agreement entered into under this section 
shall require that--
            (1) the aviation employer may not carry out any permanent 
        reduction in force or furlough of employees in the at-risk 
        employee group for the duration of the agreement, subject to 
        the aviation employer'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 dividends;
            (3) assistance provided under this section shall be used 
        solely for the purpose of providing compensation and benefits 
        of the at-risk employee group;
            (4) the aviation employer may not--
                    (A) circumvent or abrogate a collective bargaining 
                agreement at a partner company; or
                    (B) move jobs assisted by this program out of the 
                United States; and
            (5) the aviation employer may only provide compensation to 
        United States-based employees.
    (f) Duration of Agreement.--An agreement entered 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 assistance 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 agreement 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 implementation and allocation of funds 
provided pursuant to this section.
    (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 received by any employee shall be included in the 
gross income 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, 2022.
            (2) Agreement duration.--No agreement may be entered into 
        under this section that provides for assistance after April 30, 
        2022.
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