HR 3555 · 114th Congress · Labor and Employment
Jobs! Jobs! Jobs! Act of 2015
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Workforce Protections.(2016-03-23)
Plain Language Summary
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Jobs! Jobs! Jobs! Act of 2015 This bill: (1) prohibits the use of funds made available by this Act, with specified exceptions, for a project for the construction, alteration, maintenance, or repair of a public building or public work unless all of the iron, steel, and manufactured goods used in such project are produced in the United States; and (2) requires all laborers and mechanics employed by contractors and subcontractors on federally-assisted projects to be paid wages at locally-prevailing rates. TITLE I--RELIEF FOR WORKERS AND BUSINESSES This title amends the Internal Revenue Code to: (1) restore the making work pay tax credit in 2015, and (2) allow 100% bonus depreciation for certain property acquired and placed in service before January 1, 2015. The title amends the Small Business Investment Act of 1958 to increase to $7.5 million the limit on the guarantee for contract surety bonds and on the liability for bonds obtained by fraud or misrepresentation. This increase expires on September 30, 2016. TITLE II--PUTTING WORKERS BACK ON THE JOB WHILE REBUILDING AND MODERNIZING AMERICA This title directs the Departments of Education and the Interior (for school…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Democrats