H.R. 714: Jobs Now Act of 2025
The Jobs Now Act of 2025 proposes a two-year pilot program to provide financial grants to local government units and community-based organizations. The key objectives of the program are to help retain, employ, and train workers providing public services, particularly in the wake of budget cuts. Below are the main components of the bill:
Grant Program Overview
Local governments and community-based organizations can apply for grants on a competitive basis. These grants will be used primarily for two purposes:
- Retention of Employees: At least 50% of the grant funds must be allocated to retaining employees who are providing public services and are at risk of being laid off due to budget constraints.
- Additional Uses of Funds: Remaining funds can be used to employ new public service positions or to train individuals for these roles.
Eligible Recipients
Generally, the following entities can receive grants:
- Units of General Local Government: This includes city and county governments with the authority to tax and spend public funds.
- Community-Based Organizations: Organizations that serve a local community and may provide various services.
Prioritization
The bill emphasizes priority in grant awards based on several factors:
- Individuals: Priority will be given to retaining, employing, or training veterans, individuals with disabilities, those receiving unemployment benefits, and dislocated workers.
- Geographic Areas: Grants will prioritize local government units and organizations located in areas facing high unemployment, foreclosure, and poverty rates.
Application Process
Entities interested in receiving funds must submit an application to the Secretary, providing detailed information as required. The process will be competitive, suggesting that not all applications will necessarily lead to funding.
Funding Authorization
The bill authorizes a total of $1 billion to be appropriated for the pilot program for the fiscal years 2026 and 2027. This funding aims to support the goals of retaining jobs and creating new employment opportunities.
Reporting Requirements
After two years of operation, the Secretary is required to submit a report to Congress detailing:
- The number of individuals hired or trained.
- The percentage of retained employees as a result of the program.
- Best practices identified in the execution of the program.
Conclusion
This act aims to address job preservation and creation in local communities by providing necessary financial support through grants, focusing on public service roles and vulnerable workforce groups.
Relevant Companies
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This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
1 sponsor
Actions
2 actions
Date | Action |
---|---|
Jan. 23, 2025 | Introduced in House |
Jan. 23, 2025 | Referred to the House Committee on Education and Workforce. |
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