1. Short title This Act may be cited as the Employ Young Americans Now Act . 2. Establishment of Employ Young Americans Fund (a) Establishment There is established in the Treasury of the United States an account that shall be known as the Employ Young Americans Fund (referred to in this Act as the Fund ). (b) Deposits into the Fund Out of any amounts in the Treasury not otherwise appropriated, there is appropriated $5,500,000,000 for fiscal year 2018, which shall be paid to the Fund, to be used by the Secretary of Labor to carry out this Act. (c) Availability of funds Of the amounts available to the Fund under subsection (b), the Secretary of Labor shall— (1) allot $4,000,000,000 in accordance with section 3 to provide summer and year-round employment opportunities to low-income youth