Establishes the "minimum standards for subsidized jobs act"

BILL NUMBER:A10776

Title of bill

An act to amend the labor law, in relation to establish- ing the "minimum standards for subsidized jobs act"

Purpose or general idea of bill

This bill would restrict persons, associations, corporations or other entities from being eligible to receive any economic development subsidy unless such entities pay all of their employees a minimum wage that is at least one dollar per hour higher than the state's minimum wage,employ twenty percent of its work- ers who will participate in the state worker training program, and have not been adjudicated to be in violation of any federal, state or local laws for at least the previous five years.

Summary of specific provisions

This bill amends the labor law by adding a new article 19-c and new sections 695, 696 and 697, establish- ing the Minimum Standards for Subsidized Jobs Act.

Justification

State subsidized jobs provide low wages and poor bene- fits which increases the need for government services, including public assistance for food, housing, health care and child care. The purpose of this act is to improve the effectiveness of economic development expen- ditures,take pressure off of state social services programs and improve the public health and welfare by ensuring that major state subsidies are used to support at least minimum living standards for working families.

Prior legislative history

2007-2008 - A1724A 06/05/08 - Reported referred to Ways and Means

Fiscal implications

To be determined.

Effective date

This act shall take effect on the sixtieth day after it shall have become law and shall apply to any economic development subsi- dy awarded or renewed on or after such effective date.