To make certain companies that have outsourced jobs during the previous five years ineligible for the receipt of Federal grants, Federal contracts, Federal loan guarantees, and other Federal funding, and for other purposes.
Last action on Feb 15, 2005Referred to the House Committee on Government Reform.
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Summary
Prohibits Federal agencies from awarding grants, contracts, loan guarantees, and other funding to companies of interest (as defined under this Act) that have outsourced jobs during the previous five years, except as specified under this Act or for national security purposes.
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