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Worker and Business Support: Layoff Prevention and Job Creation

This act aims to protect jobs and support businesses during challenging times like economic crises or pandemics. It provides funding for training, job search assistance, and helps companies avoid layoffs. Additionally, it promotes high-quality jobs with fair wages and benefits.
Key points
Access to training and education: Opportunity to acquire new skills or retrain to improve job market prospects.
Business support: Assistance for businesses to avoid layoffs, e.g., through advice on product diversification or market expansion.
Promotion of high-quality jobs: Companies receiving support must meet standards for wages, benefits (e.g., paid leave), and working conditions.
Support for individuals at risk of layoffs: Programs aimed at maintaining employment or smooth transition to new, stable jobs.
Facilitating employee ownership: Possibility of financial and advisory support for groups of employees wishing to take over a business from retiring owners.
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Expired
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Additional Information
Print number: 117_HR_4490
Sponsor: Rep. Smith, Adam [D-WA-9]
Process start date: 2021-07-16
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Emergency Economic and Workforce System Resiliency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4490.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-16.

What are the main provisions?

Key points include:

  • Access to training and education: Opportunity to acquire new skills or retrain to improve job market prospects.
  • Business support: Assistance for businesses to avoid layoffs, e.g., through advice on product diversification or market expansion.
  • Promotion of high-quality jobs: Companies receiving support must meet standards for wages, benefits (e.g., paid leave), and working conditions.
  • Support for individuals at risk of layoffs: Programs aimed at maintaining employment or smooth transition to new, stable jobs.
  • Facilitating employee ownership: Possibility of financial and advisory support for groups of employees wishing to take over a business from retiring owners.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Smith, Adam [D-WA-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Labor.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Labor Economy Public Investments