1997 Session

Budget Amendments - HB1600 (Conference Report)

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Unemployment Study/Welfare (language only)

Item 14 #7c

Item 14 #7c

Legislative Department
Joint Legislative Audit and Review Commission

Page 12, after line 32, insert:
"J.  The Joint Legislative Audit and Review Commission shall study the cost and benefit of reducing the tax rate, providing an employer tax credit, or similar financial incentives relating to payments into the Unemployment Trust Fund, established pursuant to §60.2-500, et. seq., Code of Virginia, in the case of employers hiring Virginia Initiative for Employment Not Welfare participants as specified in §63.1-133.49, D.2., of the Code of Virginia."

(This amendment directs JLARC to study incentives for hiring welfare recipients.)