National Employment Priorities Act

National Employment Priorities Act - Adds a new chapter (National Employment Priorities) to the Fair Labor Standards Act of 1938.

Title I: General Provisions - Declares that it is the purpose of this Act: (1) to require prenotification to employees and communities of dislocation of business and agricultural concerns; (2) to prevent Federal support for unjustified dislocation; and (3) to provide assistance to employees, and affected communities threatened with dislocation. Defines the terms used in this Act.

Title II: Establishment of the National Employment Relocation Administration - Establishes in the Department of Labor a National Employment Relocation Administration, to be headed by an Administrator and Deputy Administrator appointed by the President, by and with the advice and consent of the Senate.

Provides that, in order to carry out the purposes of this Act, the Secretary is authorized to perform enumerated functions and duties, including: (1) conduct investigations on any proposed closing or transfer of operations of a business concern; (2) provide adjustment assistance to employees because of a closing or transfer of operations of an establishment of a business concern; and (3) conduct research into the problems of business closings, transfers of operations, and unemployment.

Establishes a National Employment Relocation Advisory Council. Specifies the composition and compensation rates of members of such Council to perform enumerated functions, including to advise the Secretary and Administrator with respect to the activities of the National Employment Relocation Administration and to evaluate the effectiveness of programs carried out under this Act.

Tittle III: Notice, Investigations, Hearings, and Reports, in Closing an Establishment or Transferring Operations - Requires written notice be given to the Secretary whenever: (1) a business concern intends to close or transfer all or part of the operations of an establishment of that business concern; and (2) at least 15 percent of the employees who are members of any labor organization or 15 percent of all employees in that establishment will suffer an eligible employment loss as a result of any such closing or transfer. Specifies the items to be included in such notice.

Authorizes the Secretary to investigate a proposed closing or transfer of operations under specified circumstances.

Title IV: Assistance to Employees who Suffer an Eligible Employment Loss - Directs the Secretary to establish a program of adjustment assistance for employees suffering an eligible employment loss. Provides that such adjustement assistance shall include: (1) income maintenance payment; (2) maintenance of pension and health benefits; (3) job placement and retraining benefits; (4) relocation allowances; (5) early retirement benefits; (6) emergency mortgage and rent payments; and (7) food stamps and surplus commodities. Directs the Secretary to make every effort to place employees for substantially equivalent full employment in accordance with their capacity and prospective employment opportunities.

Title V: Assistance to Affected Communities and to Businesses Located in Such Communities - Provides that a unit of local government is eligible for assistance under this Act upon determination by the Secretary that the closing or transfer of operations of business establishments has contributed substantially to an unemployment rate within such jurisdiction exceeding eight percent on a seasonally adjusted basis.

Title VI: Assistance to Businesses Threatened with Dislocation - Authorizes the Secretary to provide technical and financial assistance to an establishment or business concern if the Secretary finds that: (1) such establishment is planning to close or transfer operations, (2) such closing will result in a substantial employment loss, and (3) such closing is justified on economic grounds. Directs the Secretary to develop a retraining program for employees who will be required to acquire new or additional skills as a result of the economic adjustment assistance proposal.

Title VII: Withdrawal of Certain Benefits on Account of Unjustified Relocations, and Miscellaneous Provisions - Provides that whenever the Secretary determines, after an investigation conducted under this Act, that: (1) the closing or transfer of operations of an establishment or a business concern was not justified; or (2) the transfer or closing could have been avoided if the business concern had accepted assistance under this Act; or (3) the eligible employment loss could have been avoided except for the failure to file a notice of intent to close or transfer, or because of some other unreasonable delay, bad faith or misrepresentation on the part of the business concern; or (4) the transfer of operations is to a new location outside the United States while other alternatives to such transfer of operations exist, then such business concern shall be ineligible for specified benefits under the Internal Revenue Code, for a period not to exceed ten years. Authorizes to be appropriated to the Secretary such sums as may be necessary to carry out the provisions of this Act.