H.R.2537 - Jobs for Urban Sustainability and Training in America Act of 2011112th Congress (2011-2012)
Summary: H.R.2537 — 112th Congress (2011-2012)
Introduced in House (07/14/2011)
Jobs for Urban Sustainability and Training in America Act of 2011 - Authorizes the Secretary of Commerce to make additional grants to: (1) cities with high unemployment (with a population of at least 600,000 and an unemployment rate greater than the national unemployment rate) for public works, training, and economic development projects, as well as for economic adjustment; and (2) firms adversely affected by import competition which are assisted under the Trade Adjustment Assistance for Firms (TAAF) Program.
Directs the Secretary of Labor to make grants to carry out adult and dislocated worker employment and training activities under the Workforce Investment Act of 1998 in cities with high unemployment.
Amends the Internal Revenue Code to deny a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, gas, or any primary products thereof by a major integrated oil company (an oil company which has an average daily worldwide production of crude oil of at least 500,000 barrels for the taxable year, and which had gross receipts in excess of $1 billion for its last taxable year ending during calendar year 2005).