Legislature(1997 - 1998)
1997-03-05 Senate Journal
No results found showing results without SB%20116
Full Journal pdf1997-03-05 Senate Journal Page 0574 SB 116 The Alaska Welfare to Work program mirrors the federal work opportunity tax credit program and should operate seamlessly with that national effort so the Department of Labor can easily administer both programs and avoid confusion for employers. Unlike the federal program, though, the Alaska credit would only apply to the hiring of people in Alaska. Because thats the whole point of this program--hiring Alaskans--this bill also eliminates a current provision in state law that allows out-of-state corporations to take a credit on their Alaska income tax for hiring someone on public assistance in Los Angeles, or Detroit, or anywhere in the other 49 states. That federal credit is actually relatively small compared to the credit in this proposal. Corporations hiring Alaskans stand to gain much more under the Welfare to Work plan than they would lose in applying the federal credit to Alaska corporate income tax. Jobs are the answer to reducing our welfare rolls. To the extent this new program can encourage the private sector to help people work their way off public assistance, we are all better served. Lets continue the work we began last year by passing this bill and getting Alaskans to work. Sincerely, /s/ Tony Knowles Governor SB 117 SENATE BILL NO. 117 BY SENATOR DONLEY, entitled: An Act relating to an infant care curriculum in the public school system. was read the first time and referred to the Health, Education and Social Services and Finance Committees.