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US HR3468

Layoff Prevention Act of 2017


summary

Introduced
07/27/2017
In Committee
07/27/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Layoff Prevention Act of 2017 This bill requires each state that has already enacted a short-time compensation program to be paid 100% of the amount of short-time compensation paid under such program. Under a short-time compensation program, an employer may avoid a layoff of one or more employees by reducing the hours of all workers in the employer's workforce. Employees affected by a reduction in hours may receive a partial short-time compensation payment to compensate for lost wages. This is a voluntary and temporary program, beginning upon the enactment of this bill and ending five and one-half years later. The bill imposes certain limitations on payments to states and requires employers to pay their states one-half of the short-time compensation paid under the employer plan. The Department of Labor must: (1) award grants to states that enact short-time compensation programs to implement or improve the administration of such plans, (2) develop model legislative language for states in developing and enacting short-time compensation plans, and (3) provide technical assistance to states and establish reporting requirements for such programs.

AI Summary

This bill provides temporary financing for short-time compensation programs in states that have already enacted such programs or choose to enact them. Under these programs, employers can avoid layoffs by reducing employee hours, and the affected workers can receive partial compensation to make up for their lost wages. The bill requires the federal government to cover 100% of the short-time compensation payments made by states with existing programs, and it provides grants to states to help them implement or improve the administration of these programs. The bill also requires the Department of Labor to develop model legislative language for states, provide technical assistance, and establish reporting requirements for the programs.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to the House Committee on Ways and Means. (on 07/27/2017)

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