S.Amdt. 962

1. Adds DIVISION E--GENERAL PROVISIONS at the end of the bill

   Adds a section

   In S. 761 · Placed on Calendar Senate

   "(C) Theme and structure.--Each year, not later than 180 days before the application deadline for a grant under this section, the Director shall, in consultation with a broad group of relevant education organizations, develop a theme and structure for the teacher institutes of the 21st century supported under paragraph (3)(B).".

   Inserted: DIVISION E--GENERAL PROVISIONS

   Inserted: SEC. 5001. REQUIREMENTS FOR RECEIPT OF FEDERAL ASSISTANCE BY CERTAIN LARGE BUSINESS ENTITIES.

   Inserted: (a) Information Required.--Each Federal department or agency that provides grants, loans, or loan guarantees to certain large business entities after the date of the enactment of this Act shall require that, as a condition of that grant, loan, or loan guarantee, the business entity shall provide to the department or agency on an annual basis for the duration of the grant, loan, or loan guarantee the following information:

   Inserted: (1) The number of individuals employed by the business entity in the United States.

   Inserted: (2) The number of individuals employed by the business entity outside the United States.

   Inserted: (3) A description of the wages and benefits being provided to the employees of the business entity in the United States.

   Inserted: (4) A description of the wages and benefits being provided to the employees of the business entity outside the United States.

   Inserted: (b) Certification Regarding Layoffs.--In addition to the information required under subsection (a), beginning on the date that is 1 year after the date on which a Federal department or agency provides a grant, loan, or loan guarantee to a large business entity, the department or agency shall require the business entity to provide to the department or agency on an annual basis for the duration of the grant, loan, or loan guarantee a written certification that contains the following information:

   Inserted: (1) The percentage of the workforce of the business entity employed in the United States that has been laid off or induced to resign from the business entity during the 12-month period preceding the submission of the certification.

   Inserted: (2) The percentage of the total workforce of the business entity that has been laid off or induced to resign from the business entity during the 12-month period preceding the submission of the certification.

   Inserted: (c) Prohibition on Federal Assistance to Certain Large Business Entities That Lay Off a Greater Percentage of Workers in the United States Than in Other Countries.--Notwithstanding any other provision of law, if, in the written certification provided to a Federal department or agency by a large business entity under subsection (b), the percentage described in paragraph (1) of subsection (b) is greater than the percentage described in paragraph (2) of subsection (b), the business entity shall be ineligible for further assistance from the department or agency. The business entity shall also be ineligible for assistance from any other Federal department or agency, unless and until the business entity provides to the department or agency a written certification that the number of employees of the business entity in the United States is in the same proportion to the number of the employees of the business entity worldwide, as that number was, on the later of--

   Inserted: (1) the date the business entity last made a certification under subsection (b), concerning the same financial assistance, that did not cause the business entity to become ineligible under this subsection for further financial assistance; or

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   Inserted: (2) the date on which the business entity received the financial assistance for which this certification is being made.

   Inserted: (d) Definitions.--In this section:

   Inserted: (1) Business entity; large business entity.--The terms "business entity" and "large business entity" mean a corporation, partnership, or any other business entity that employs 1,000 or more employees, including the subsidiaries, parent companies, and affiliated businesses of the entity.

   Inserted: (2) United states.--The term "United States" includes the territories of the United States.

   Original wording

   At the end, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed