H.R.870
Latest Title: Humphrey-Hawkins 21st Century Full Employment and Training Act
Sponsor:
Rep Conyers, John, Jr. [MI-14] (introduced 3/2/2011) Cosponsors (17)
Latest Major Action: 3/21/2011 Referred to House subcommittee. Status: Referred to the Subcommittee
on Higher Education and Workforce Training.
SUMMARY AS OF:
3/2/2011--Introduced.
Humphrey-Hawkins 21st Century Full Employment and Training Act or Work Opportunities and Revitalizing Our
Communities Act - 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.
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 that
deal in such transactions.