A bill to maximize employment opportunities for all Americans in rural and urban poverty areas; and to alleviate structural unemployment among young people through bonus incentives to private and independent sector sponsors; and to achieve more efficient, productive and cost-effective economic policymaking within the Federal Government.
Job Opportunity Bonus Act of 1979 - Authorizes the Secretary of Labor to make payments to both profit and nonprofit organizations, including commercial enterprises, for the employment of individuals for at least one year. Requires such organizations to be located in an area with a rate of unemployment equal to or in excess of 15 percent for 12 consecutive months. Sets the amount of such annual payment at not less than $2,500 nor more than $4,000 per individual hired. Allows such a payment to be made for an employee for up to three years.
Introduced in Senate
Referred to Senate Committee on Labor and Human Resources.
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