Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 6250.1406 - Business incentives(a) Eligibility.--Subject to the availability of funding under subsection (b), if, at the end of a training period, a business hires a claimant for a job opening under section 1402(d), the business is eligible to receive incentive payments in the amount of $375 for each period of four consecutive work weeks the claimant remains employed at a minimum of 35 hours per week, for up to four consecutive periods of four consecutive work weeks and for a maximum of $1,500 total incentive payments.(b) Funding.--(1) Incentive payments under subsection (a) shall be paid from money appropriated for payment.(2) Fifteen percent of the total amount of money authorized for a fiscal year shall be reserved for businesses with fewer than 100 employees. If the reserved amount is not committed by April 30 of each year, it shall be available to businesses that have at least 100 employees.Added by P.L. 970 2012 No. 107, § 2, eff. 7/5/2012.