Senators Jerry Moran (R-KS) and Mark Warner (D-VA) have introduced a bill that would permit the Department of Transportation to enter into a partnership with FAA-approved manufacturers to help subsidize their vulnerable workforce. These two Senators co-chair the Senate Aerospace Caucus. The Bill is known as S.3705 or the Private-Public Partnership to Preserve Jobs in the Aviation Manufacturing Industry Act of 2020.
The bill also applies to repair stations.
As proposed, the partnership would be limited to a discrete group of employees within the business, who make up not more than 25% of the employee headcount. The government would pay a percentage of this payroll (up to 50%) as long as the business agreed to also pay their share of the payroll for this discrete group. This is meant to keep these vulnerable populations working.
As drafted, the program seems to be aimed more at large, diversified, businesses because the supported population of workers must be discrete and it cannot exceed 25% of the employer’s total United States workforce. Nonetheless, it may be available to the MARPA community as well. We’d appreciate hearing your comments.
The full text of the Private-Public Partnership to Preserve Jobs in the Aviation Manufacturing Industry Act of 2020 can be viewed here.
MARPA members with questions about this bill should bring their questions to our Midweek MARPA session tomorrow (Wednesday) at 5:00 pm eastern time. If you are a MARPA member and you did not receive your emailed invitation, then please let Katt Brigham know so you can obtain your log-in information.
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