WPA Act
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Workforce Promotion and Access Act or the WPA Act
This bill requires the Department of Labor to establish a program to provide grants for job guarantee programs. Specifically, such grants are awarded on a competitive basis to political subdivisions of states, tribal entities, and outlying areas with a high unemployment rate to establish a program to ensure employment to residents. A job guarantee program qualifies under this bill if the jobs provided under the program pay a certain wage, are included in an established bargaining unit, provide health insurance, and comply with certain leave requirements.
The bill also imposes a trading excise tax, with certain exemptions, on certain transactions occurring on a qualified board or exchange in the United States or with respect to a derivative. The rate of such tax is 0.1% on purchases of stocks, bonds, and derivatives.
The tax applies to transactions by a controlled foreign corporation and must be paid by its U.S. shareholders.
Referred to the Subcommittee on Worker and Family Support.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1388: WPA Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1388/
"H.R. 1388: WPA Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1388/.
H.R. 1388, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1388/.
[H.R. 1388: WPA Act](https://openamerica.io/bill/117-HR-1388/)