H04092016 Regular Session
Adds to existing law to allow counties and cities to create workforce development programs for persons age 55 and older; and to provide a local option property tax exemption for taxpayers who contribute to those programs.
COUNTY WORKFORCE DEVELOPMENT - Adds to existing law to allow counties and cities to create workforce development programs for persons age 55 and older; and to provide a local option property tax exemption for taxpayers who contribute to those programs.
COUNTY WORKFORCE DEVELOPMENT
STATEMENT OF PURPOSE
This bill creates opportunities for older displaced workers needing new skills to help them compete for employment. It permits counties to offer property tax exemptions to businesses and individuals who contribute to county-level Senior Workforce Development Funds, which provide assistance to residents over the age of 55 seeking education at an accredited post-secondary institution.
LATEST ACTION
Reported Printed and Referred to Ways & Means