NRS 274.210 Program for training and employment of residents in zone; report to municipality and Legislative Commission.

251 words·~1 min read·/nv/chapter-274-zones-for-economic-development/274-210·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. In order to stimulate opportunities for employment for residents of a specially benefited zone, the Administrator shall initiate a test of a program for the reimbursement of vouchers for the cost of training residents of the zone eligible under the provisions of the Internal Revenue Code concerning tax credits for the employment of members of targeted groups in private industry. This program must not be designed to subsidize businesses, but is intended to make available opportunities for jobs and training not otherwise available. Nothing in this subsection requires businesses within a zone to utilize this program.

2. The program described in subsection 1 must be designed:

(a)For those persons whose opportunities for obtaining employment are minimal without participation in the program;

(b)To minimize the period during which those persons collect benefits under programs for public assistance; and

(c)To accelerate the transition of those persons to unsubsidized employment.

Ê The Administrator shall seek agreement with business, organized labor and the appropriate state and local agencies on the design, operation and evaluation of the test program.

3. A report with recommendations, including representative comments of governmental agencies and business and labor organizations, must be submitted by the Administrator to the designating municipality and the Legislative Commission not later than 12 months after the test program commences, or not later than 3 months following the termination of the test program, whichever first occurs.