Nevada § 274.210 - Program for training and employment of residents in zone; report to municipality and Legislative Commission

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

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. 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.