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Bill > HR8602


US HR8602

US HR8602
WPA Act Workforce Promotion and Access Act


summary

Introduced
06/03/2024
In Committee
12/17/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To require the Secretary of Labor to establish a program to provide grants for job guarantee programs.

AI Summary

This bill, the Workforce Promotion and Access Act (WPA Act), establishes a grant program through the Department of Labor to provide competitive grants to eligible entities (states, political subdivisions, tribal entities, and others) to create job guarantee programs. These programs must offer jobs to any eligible individual (18 years or older) within the served area that apply, providing a living wage, health insurance, paid leave, and career development opportunities. The bill also creates a financial transaction tax on certain securities and derivatives trading to fund the job guarantee programs. The Secretary of Labor is required to provide guidance, evaluate the programs, and ensure compliance with the bill's requirements.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to the Subcommittee on Work and Welfare. (on 12/17/2024)

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