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HR 4277 112th Congress House Labor and Employment Alternative dispute resolution, mediation, arbitration Employment and training programs Employment discrimination and employee rights Financial services and investments Government information and archives Government trust funds Labor standards Labor-management relations Licensing and registrations Minority and disadvantaged businesses Sales and excise taxes Securities Unemployment Wages and earnings Youth employment and child labor

Humphrey-Hawkins 21st Century Full Employment and Training Act of 2012

Introduced: March 28, 2012 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 26, 2012
Referred to the Subcommittee on Higher Education and Workforce Training.
Mar 28, 2012
Referred to the Committee on Education and the Workforce, 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.
Mar 28, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Humphrey-Hawkins 21st Century Full Employment and Training Act of 2012 - Directs the Secretary of Labor to establish a Full Employment National Trust Fund with two separate accounts for: (1) Employment Opportunity Grants to states, local governments, and Indian tribes for job-creating activities in communities whose economy is not at a level of full employment; and (2) Workforce Investment programs.

Establishes arbitration procedures for resolution of disputes for grant recipients. Requires the Secretary of Labor to post a whistleblower hotline on the Department of Labor's website for the public to report noncompliance with the Act's requirements.

Directs the Secretary to convene a national employment conference to bring together leaders of small, medium, and large businesses, labor, government, and other parties to discuss employment, with particular attention to structural unemployment and the plight of disadvantaged youth.

Amends the Workforce Investment Act of 1998 to revise member composition requirements for state and local workforce investment boards to include at least 25% of the chief executive officers of minority-serving, community-based organizations.

Amends the Internal Revenue Code to impose a tax on certain covered securities transactions, payable by trading facilities or purchasers that deal in such transactions.

Requires a transferor with respect to any outbound securities transaction to deduct and withhold a tax equal to the tax imposed on covered securities transactions.

What's happening now September 26, 2012

Referred to the Subcommittee on Higher Education and Workforce Training.

 Committees of jurisdiction 3