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Full Employment Act: New Jobs and Support for the Unemployed.

This act aims to create new job opportunities for unemployed and underemployed individuals by establishing a dedicated trust fund. Citizens can expect public service employment programs, vocational training, and job placement assistance, which should improve their financial situation and life stability. Funding will come, in part, from a new tax on securities transactions.
Key points
Establishment of a National Full Employment Trust Fund to finance job creation and training programs.
Public employment programs will address community needs such as affordable housing, healthcare, education, and infrastructure.
Unemployed or underemployed individuals will be eligible for program employment, with fair compensation and benefits.
Introduction of a new tax on securities transactions, which will be a primary source of funding for the Trust Fund.
Support for program employees in education, training, and finding permanent non-program employment.
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Expired
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Additional Information
Print number: 118_HR_7886
Sponsor: Rep. Wilson, Frederica S. [D-FL-24]
Process start date: 2024-04-05
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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

Jobs for All Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7886.

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 2024-04-05.

What are the main provisions?

Key points include:

  • Establishment of a National Full Employment Trust Fund to finance job creation and training programs.
  • Public employment programs will address community needs such as affordable housing, healthcare, education, and infrastructure.
  • Unemployed or underemployed individuals will be eligible for program employment, with fair compensation and benefits.
  • Introduction of a new tax on securities transactions, which will be a primary source of funding for the Trust Fund.
  • Support for program employees in education, training, and finding permanent non-program employment.
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. Wilson, Frederica S. [D-FL-24].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Work and Welfare.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Labor Taxes Public Investments