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House Co-Sponsorship Memoranda
House of Representatives
Session of 2013 - 2014
Regular Session
MEMORANDUM
| Posted: | September 25, 2013 03:21 PM |
|---|---|
| From: | Representative Ryan E. Mackenzie and Rep. Justin J. Simmons, Rep. Eli Evankovich |
| To: | All House members |
| Subject: | CareerBound: Similar to EITC With a Focus on Workforce Development Programs for HS Students |
| We are writing to ask you to join us as co-sponsors of CareerBound, a program that will strengthen the connection between Pennsylvania’s students and the next generation of high-priority careers. CareerBound encourages collaboration between schools, businesses, and the workforce system. In many ways, this program will function in a similar way to the Educational Improvement Tax Credit (EITC), but with a focus on workforce development programs for high school students. Under CareerBound, local workforce investment boards, businesses, and schools will work together to develop innovate school-to-work pilot programs. These joint ventures will provide students early exposure to an array of career opportunities, including career expos, job shadowing, internships and other career-education integration initiatives. The seven school-to-work pilot programs that are approved for participation in CareerBound will be eligible to compete for more than $10 million in funding that will be generated through the one-time issuance of tax credits for contributing businesses. Like the EITC, contributing businesses that participate in the program will be eligible for a 90% return on contributions; all other taxpayers that contribute will be eligible for a 75% return. Please join us in co-sponsoring CareerBound. |
Introduced as HB1725