Proposed legislation in Georgia would incentivize employers to create “living wage” jobs.
House Bill 292 proposes a tax credit for employers who the Department of Community Affairs certifies as “living wage employers” with t and hire individuals for new jobs paying a living wage for at least one year.
To qualify as a living wage employer, an employer must have at least five employees and meet the following criteria: the job must be located within the state, involve a regular, full-time work week of 30 hours or more, have no predetermined end date and pay at least $15 per hour. Each living wage employer would be allowed a $3,500 income tax credit.
“HB 292 is a crucial step toward ensuring that hard-working Georgians are paid fairly for their labor and that small businesses are able to afford to do it,” state Rep. Anissa Jones, D-Macon, said in a release.
“This bill encourages employers to invest in their workforce by offering a tax credit for those who provide jobs that truly support families and communities,” Jones added. “By incentivizing the creation of living wage jobs, we can drive economic growth and improve the quality of life for all Georgians.”
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