BAG09D16S.L.C.
111
TH
CONGRESS1
ST
S
ESSION
S.
ll
To require the Secretary of Commerce to establish a loan program to assistin the locating of information technology and manufacturing jobs inthe United States, and for other purposes.
IN THE SENATE OF THE UNITED STATES
llllllllll
Mr. W
ARNER
introduced the following bill; which was read twice and referredto the Committee on
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A BILL
To require the Secretary of Commerce to establish a loanprogram to assist in the locating of information tech-nology and manufacturing jobs in the United States,and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘America Recruits Act
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of 2009’’.
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2
BAG09D16S.L.C.
SEC. 2. PROGRAM OF LOANS TO ATTRACT JOBS IN INFOR-
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MATION TECHNOLOGY AND MANUFAC-
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TURING SECTORS.
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(a) D
EFINITIONS
.—In this section:
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(1) E
CONOMIC DEVELOPMENT DISTRICT
.—The
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term ‘‘economic development district’’ has the mean-
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ing given the term in section 3 of the Public Works
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and Economic Development Act of 1965 (42 U.S.C.
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3122).
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(2) E
LIGIBLE ENTITY
.—The term ‘‘eligible enti-
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ty’’ means an entity that employs not fewer than 20
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full-time equivalent employees in eligible jobs.
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(3) E
LIGIBLE INTERMEDIARY
.—The term ‘‘eli-
13
gible intermediary’’ has the meaning given the term
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‘‘eligible recipient’’ in section 3 of the Public Works
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and Economic Development Act of 1965 (42 U.S.C.
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3122).
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(4) E
LIGIBLE JOB
.—The term ‘‘eligible job’’
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means, with respect to an entity, a job—
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(A) that is related to information tech-
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nology or is in the manufacturing sector; and
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(B) in which the entity employs a full-time
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equivalent employee.
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(5) S
ECRETARY
.—Except as otherwise provided,
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the term ‘‘Secretary’’ means the Secretary of Com-
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merce.
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3
BAG09D16S.L.C.
(6) T
ARGETED LABOR SURPLUS AREA
.—The
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term ‘‘targeted labor surplus area’’ means an area
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in the United States that, on the date on which the
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program is established under subsection (b)—
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(A) is included in the most recent classi-
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fication of labor surplus areas by the Secretary
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of Labor; and
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(B) has an unemployment rate equal to or
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greater than 140 percent of the unemployment
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rate of the United States.
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(b) P
ROGRAM
R
EQUIRED
.—Not later than 180 days
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after the date of the enactment of this Act, the Secretary
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shall, acting through the Assistant Secretary of Commerce
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for Economic Development, establish a program to assist
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eligible entities, when deciding whether to locate eligible
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jobs in foreign countries or in the United States, in locat-
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ing such jobs in economic development districts or tar-
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geted labor surplus areas.
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(c) F
EDERAL
G
RANTS TO
E
LIGIBLE
I
NTER
-
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MEDIARIES
.—
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(1) I
N GENERAL
.—The Secretary shall carry
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out the program required by subsection (b) through
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the award of grants to eligible intermediaries to pro-
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vide loans to eligible entities to assist such eligible
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America Recruits Act of 2010
Senator Warner's "America Recruits Act of 2010," introduced in February, would direct the U.S. Department of Commerce to create and administer a federal loan program to provide an additional incentive for these employers to locate those…
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