What's News
Senate Reveals Tax Package for Jobs Bill; House and Senate Summaries Available
Please click HERE to access a brief summary and HERE for a detailed analysis of the HR 2847, the Jobs For Main Street Act of 2010, which was passed by the U.S. House of Representatives on December 16, 2009.
The Senate is working on a separate version that has yet to be released. Senate Democratic leaders have said they will try to advance the bill in the coming weeks, possibly in two parts - 1. tax provisions and 2. infrastructure funding. On February 11, 2010, the Senate Finance Committee released a $84 billion package of tax provisions in the Hire Incentives to Restore Employment (HIRE) Act. Click HERE for the bill text and HERE for a brief summary.
Click HERE for the Senate Democratic Jobs Agenda, which provides a glimpse into funding priorities, and HERE to view rumored Senate jobs bill infrastructure totals and general program allocations.
NARC member areas of interest within the Senate Democratic Jobs Agenda include:
· Surface Transportation Authorization Extension to continue investments in transportation infrastructure;
· Build America Bonds funding mechanism for state and local governments to borrow at a lower cost and move forward public infrastructure projects;
· Transportation Investments (including TIGER grants);
· Water Infrastructure Investments for both drinking water and wastewater;
· Regional Economic Development Grants through the Economic Development Administration;
· Dislocated Worker Training Programs to retrain unemployed workers in new skills and trades.
Please contact Shannon Menard at shannon@NARC.org with questions or for more information.