Rapid Change Opportunity Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Oct 16, 2000)
Title II: Credit Against Income Tax for Certain Investments in Businesses Located in Low-Income Communities - New Markets Tax Credit Act of 2000 - Amends the Internal Revenue Code to allow a limited credit to a taxpayer making a qualified low-income community investment.
Title III: Exclusion of Certain Severance Payment Amounts from Income - Layoff Tax Relief Act - Amends the Internal Revenue Code to exclude from gross income up to$50,000 of any "qualified severance payment." Excludes from such definition payments exceeding $150,000.
Title IV: Extension of Medical Benefits - Amends the Employee Retirement Income Security Act of 1974 (ERISA), the Public Health Service Act, and the Internal Revenue Code to establish a new qualifying event to extend medical benefits to covered employees who become eligible for trade adjustment assistance under the Trade Act of 1974.
Title V: Community Economic Adjustment Act of 2000 - Community Economic Adjustment Act of 2000 - Amends the Public Works and Economic Development Act to establish an Office of Community Economic Adjustment in the Economic Development Administration of the Department of Commerce to coordinate the Federal response in regions and communities experiencing severe and sudden economic distress, to help such regions and communities in restructuring their economies. Authorizes appropriations.
Title VI: Miscellaneous Provisions - Directs the Secretary of Labor to study and report to Congress on the feasibility of establishing and carrying out one or more pilot projects to provide public employment for temporarily dislocated workers.
Amends the Workforce Investment Act of 1998 to include assistance for the preparation of resumes and related pre-employment assistance for eligible individuals under required local: (1) elements of programs for youth; and (2) core services for adults and dislocated workers.
Authorizes appropriations to the President for a specified FY 2001 contribution to the International Program for the Elimination of Child Labor (IPEC) of the International Labor Organization (ILO).
What just happenedNov 14, 2000
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
Who’s behind it
- Introduced in HouseOct 16, 2000
- Nov 14, 2000CommitteeH11000
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
Postsecondary Education, Training and Life-Long Learning Subcommittee - Nov 14, 2000CommitteeH11000
Referred to the Subcommittee on Employer-Employee Relations.
Health, Employment, Labor, and Pensions Subcommittee - Oct 25, 2000CommitteeH11000
Referred to the Subcommittee on Health and Environment.
Health and Environment Subcommittee - Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Foreign Affairs Committee - Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Transportation and Infrastructure Committee - Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Energy and Commerce Committee - Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Education and Workforce Committee - Oct 16, 2000IntroReferralH11100-A
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Oct 16, 2000IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Commerce, Transportation and Infrastructure, Banking and Financial Services, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Oct 16, 2000CommitteeH11000
Referred to the Subcommittee on Housing and Community Opportunity.
Housing and Insurance Subcommittee - Oct 16, 2000IntroReferralIntro-H
Introduced in House
- Oct 16, 2000IntroReferral1000
Introduced in House