Jobs for Employable Dependent Individuals Act

Jobs for Employable Dependent Individuals Act - Amends the Job Training Partnership Act to entitle each State to the payment of a bonus for the successful job placement of certain employable dependent individuals.

Makes an individual who is a head of a household eligible to be counted for an incentive bonus if the individual: (1) has received benefits continuously under part A (Aid to Families with Dependent Children) (AFDC) of title IV of the Social Security Act or under cash and medical assistance to refugees, for at least two years prior to participation in education, training, and support activities designed to provide jobs for such individuals and has no work experience for the year preceding the year for which the eligibility determination is made; or (2) receives benefits at the time the determination of eligibility is made under aid to families with dependent children, or under cash and medical assistance to refugees, and has not attained 22 years of age, has not completed secondary school or its equivalent, and has no work experience for the year preceding the year for which the eligibility determination is made. Requires that such individual: (1) participate in education, training, and support activities designed to provide jobs for such individuals; (2) be placed in nonsubsidized employment for at least one year after such participation; (3) receive from such employment an income equal to or greater than cash benefits under aid to families with dependent children or under cash and medical assistance to refugees; and (4) no longer qualify for such benefits.

Provides that the amount of the incentive bonus paid to each State shall be equal to: (1) 75 percent of the placement bonus base for each successful placement; (2) 50 percent of the placement bonus base for the second continuous year of such employment; and (3) 25 percent of the placement bonus base for the third continuous year of employment. Sets forth formulas for determination of the placement bonus base.

Sets forth State application requirements. Requires adequate verification of placements for approval of applications.

Directs the Governor to reserve an amount equal to the amount the State receives for incentive bonuses. Directs the Governor to set aside up to 15 percent of such amount for distribution to participating State agencies to support the costs of establishing and maintaining systems necessary for the operation of the incentive bonus program. Directs the Governor to distribute the remainder of the reserved amount to participating agencies, private industry councils in service delivery areas, and service providers who contribute to the incentive bonus program for education, training, and support activities designed to provide jobs.

Directs the Secretary of Labor to evaluate the program under this Act and to report to the Congress within three years after enactment of this Act on the costs and savings of such program.

Provides for targeted assistance for employable dependent individuals. Provides for reallocation to States of certain available amounts based on the number of AFDC recipients and on the number of placements of individuals who are heads of households who receive AFDC benefits and job training under programs conducted with Federal financial assistance. Provides that the reallocated amounts shall be targeted to training activities, including outreach activities and preemployment support activities for employable dependent individuals.

Authorizes appropriations for the program of incentive bonus payments for employable dependent individuals.