arrow_back Back to App

Protecting Aviation Manufacturing Jobs: Support for Companies and Employees

This act aims to protect and restore jobs in companies manufacturing aircraft and their components that have been affected by the pandemic. Companies can receive funding for salaries, benefits, and training for employees most at risk of layoff or already laid off, provided they meet specific requirements. This support is intended to help maintain employment stability in a crucial industry.
Key points
Financial support program for aviation companies to retain and restore jobs.
Funding covers 50% of compensation, benefits, and training costs for at-risk employees.
Companies must show at least a 15% revenue decline and commit to not laying off employees covered by the program.
Funds cannot be used for stock buybacks or dividends, only for supporting US-based employees.
The program is set to run until April 30, 2023, with a budget of $15 billion.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_553
Sponsor: Rep. Larsen, Rick [D-WA-2]
Process start date: 2021-01-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Aviation Manufacturing Jobs Protection Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_553.

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 2021-01-28.

What are the main provisions?

Key points include:

  • Financial support program for aviation companies to retain and restore jobs.
  • Funding covers 50% of compensation, benefits, and training costs for at-risk employees.
  • Companies must show at least a 15% revenue decline and commit to not laying off employees covered by the program.
  • Funds cannot be used for stock buybacks or dividends, only for supporting US-based employees.
  • The program is set to run until April 30, 2023, with a budget of $15 billion.
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. Larsen, Rick [D-WA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Aviation.

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 Transport