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201701484
| 1 | | Motion | MOTION, submitted by Councilmembers Seelbach, Simpson, Young, Sittenfeld and Vice Mayor Mann, WE MOVE that the Administration adopt and implement the following minimum qualifying wage when offering Job Creation Tax Credits: January 1, 2018 For any new JCTC proposal, the employer must have an $12.50 minimum wage for all jobs eligible under the tax credit. July 1, 2018 For any new JCTC proposal, the employer must have a $13.50 minimum wage for all jobs eligible under the tax credit. January 1, 2019 For any new JCTC proposal, the employer must have a $15 minimum wage for all jobs eligible under the tax credit. WE FURTHER MOVE that the Administration define qualifications for a Workforce Training JCTC which would be eligible to lower wage positions where the intent is boosting opportunity for hard-to-place employees and individuals with barriers to employment. (STATEMENT ATTACHED) | File/Sunset | |
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