2001 Session

Budget Amendments - SB800 (Committee Approved)

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Workforce Services Eligibility (language only)

Item 103 #6s

Item 103 #6s

Commerce and Trade
Business Assistance, Department of

Page 91, after line 25, insert:
"G. To determine Workforce Services Program eligibility, the General Assembly encourages the Department to take into consideration whether or not the employer applicant is located in a jurisdiction with either high unemployment or a low median income.  If this location criterion is met, then the threshold for assistance should be reduced from 25 new jobs and a $1,000,000 capital investment to 5 or more new jobs or a minimum of $1,000,000 of investment."

(This amendment is based on a recommendation of the Rural Prosperity Commission. The intent is to make rural areas of the state more economically attractive to new or expanding businesses.)