Text: HSB00107 Text: HSB00109 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 15.329, subsection 1, paragraph d, Code 1 2 2003, is amended to read as follows: 1 3 d. The business shall agree to pay a median wage for new 1 4 full-time hourly nonmanagement production jobs of at least 1 5eleven dollars per hour indexed to 1993 dollars based on the1 6gross national product implicit price deflator published by1 7the bureau of economic analysis of the United States1 8department of commerce or one hundred thirty percent ofthe 1 9 average wage in the county in which the community is located,1 10whichever is higher. 1 11 Sec. 2. Section 15A.7, subsection 3, Code 2003, is amended 1 12 to read as follows: 1 13 3. That the employer shall agree to pay wages for the jobs 1 14 for which the credit is taken of at least the average county 1 15 wageor average regional wage, whichever is lower,as compiled 1 16 annually by the department of economic development for the 1 17 community economic betterment program.For the purposes of1 18this section, the average regional wage shall be compiled1 19based upon the service delivery areas in section 84B.2.1 20 Eligibility for the supplemental credit shall be based on a 1 21 one-time determination of starting wages by the community 1 22 college. 1 23 Sec. 3. Section 15E.193, subsection 1, paragraph c, Code 1 24 2003, is amended to read as follows: 1 25 c. Pays an average wage that is ator greater than ninety1 26percent of the lesser ofleast the average county wageor1 27average regional wage, as determined by the department.1 28However, the wage paid by the business shall not be less than1 29seven dollars and fifty cents per hour. 1 30 Sec. 4. WAGE LEVEL THRESHOLDS. The department of economic 1 31 development shall amend all administrative rules adopted by 1 32 the department relating to economic assistance programs which 1 33 include a wage level threshold. The department shall make all 1 34 wage level thresholds in the administrative rules equal to the 1 35 average county wage of the county where the project or 2 1 community, as applicable, is located. 2 2 EXPLANATION 2 3 This bill relates to wage level thresholds for programs 2 4 administered by the department of economic development. 2 5 The bill amends wage level thresholds to the average county 2 6 wage in the new jobs and income program, the enterprise zone 2 7 program, and the supplemental new jobs credit from withholding 2 8 for jobs created under Code chapter 260E agreements. 2 9 The bill requires the department to amend all 2 10 administrative rules adopted by the department relating to 2 11 economic assistance programs which include a wage level 2 12 threshold. The bill requires the department to make all wage 2 13 level thresholds equal to the average county wage of the 2 14 county where the project or community, as applicable, is 2 15 located. 2 16 LSB 2131HC 80 2 17 tm/cl/14
Text: HSB00107 Text: HSB00109 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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