UAC Partnerships and Outreach Manager Tivoni Devor Inspires New Job Bill

Date: 
March 4, 2015

On Thursday, February 26, 2015, Councilman Kenyatta Johnson introduced a bill creating tax credits for businesses who invest in workforce development based on an article written by UAC Partnership and Outreach Manager Tivoni Devor published on Generocity.org.

“Councilman Kenyatta Johnson read article on Generocity.org and discussed my idea of the job tax credit to some members of his office. One of his members reached out to me and suggested that my idea become a bill,” says Tivoni.

In order for the tax credit bill to become a law, it must follow this procedure.

  • First, the tax credit bill is introduced to City Council and then passed on to committee
  • Then nonprofit organizations and business leaders rally for advocacy of the bill and reach out to City Council in support of the bill
  • If businesses are willing to make donations, the tax credit bill as the potential to build wealth for the city and employees would be able to develop their workforce skills with the wage tax revenue
  • The more leverage the tax credit bill has, the more opportunity it has to become a law.
  • Under the tax credit bill, 15 businesses will receive $16,000 each (900K total). If the tax credit bill is fully used, it can create scholarship opportunities for employees to develop their workforce skills. For every scholarship awarded to an employee, businesses will receive a tax credit.
  • This return on investment (ROI) is financially beneficial for the city within the next 14 months.

The bill will reward businesses who contribute $60,000 dollars to a “Qualifying Scholarship Organization”, defined as a nonprofit organization that provides scholarships and job placement to students obtaining Skills Certifications, with a tax credit of the same amount against their Business Income and Receipts Tax. Skills Certifications are earned by completing a short-term program that teaches employable skills such as welding, HVAC and assistant nursing.
 
For example, the Red Cross offers a 4-week training course to become a Certified Assistant Nurse, a position that can pay as much as $30,000 dollars a year, and only costs $1,300 dollars. Although this cost will initially be covered by the city, the Return on Investment gained through wage tax revenue will cancel out the cost of the course in a little over a year. To learn more about Councilman Johnson’s bill, click here.

**This article was also republished in the Philadelphia Business Journal.