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Texas Local Government Code - LOC GOV'T § 501.162. Use of Tax Revenue for Job Training

Current as of January 01, 2024 | Updated by FindLaw Staff

A corporation may spend tax revenue received under this subtitle for job training offered through a business enterprise only if the business enterprise has committed in writing to:

(1) create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or

(2) increase its payroll to pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 501.162. Use of Tax Revenue for Job Training - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-501-162/

Read this complete Texas Local Government Code - LOC GOV'T § 501.162. Use of Tax Revenue for Job Training on Westlaw. Westlaw subscription required.

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