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H.R. 553

Aviation Manufacturing Jobs Protection Act of 2021

Aviation Manufacturing Jobs Protection Act of 2021

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 at least a 15% decline in revenues and economic conditions that justify assistance may enter an agreement with the Secretary of the Treasury to receive up to 50% of the amount of total compensation for the 25% of its workforces most at risk of permanent reduction or furlough, excluding senior executive and highly-compensated employees.

Assistance under this program is available through April 30, 2023, 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.

Referred to the Subcommittee on Aviation.

Rep. Larsen, Rick [D-WA-2](D-WA)Sponsor
15 cosponsors13 D2 R
15cosponsors2committees6actions13subjects
  1. Committee

    Referred to the Subcommittee on Aviation.

    Aviation Subcommittee
  2. Committee

    Referred to the Subcommittee on Worker and Family Support.

    Work and Welfare Subcommittee
  3. IntroReferralH11100

    Referred to the Committee on Transportation and Infrastructure, 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.

    Ways and Means Committee
  4. IntroReferralH11100

    Referred to the Committee on Transportation and Infrastructure, 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.

    Transportation and Infrastructure Committee
  5. IntroReferralIntro-H

    Introduced in House

  6. IntroReferral1000

    Introduced in House

Aviation Manufacturing Jobs Protection Act of 2021 — Informed