Employment Abundance Act

Not later than 1 year after the date of the enactment of this Act, the Federal Acquisition Regulatory Council shall issue regulations that require any Federal contractor that enters into a contract subject to the Federal Acquisition Regulation to—

(1) conduct a comprehensive review of all job classifications within their Federal contract-related workforce;

(2) identify each position that requires a bachelor’s degree or higher as a condition of employment; and

(3) determine whether such educational requirements are demonstrably necessary for the performance of essential job functions.

Not later than 180 days after the effective date of the regulations issued pursuant to subsection (a), each Federal contractor shall submit to the Federal Acquisition Regulatory Council a report outlining the results of its job classification review, including—

(1) a list of positions where a degree requirement was determined to lack demonstrable occupational necessity; and

(2) a plan to revise such job classifications, including alternative criteria that may be used, such as relevant work experience, certifications, or skills assessments.

Failure to comply with the requirements under this section may result in administrative actions, including ineligibility for future Federal contracts, subject to regulations issued by the Federal Acquisition Regulatory Council.

Nothing in this section may be construed to prohibit Federal contractors from maintaining educational requirements for a case in which such requirements are shown to be necessary for job performance or are mandated by law, regulation, or professional licensure standards.

This section applies with respect to any contract entered into on and after the effective date of the regulations issued pursuant to subsection (a).