154.23.065 Wage subsidies for recipients of Kentucky Transitional Assistance Program. - Kentucky Statutes

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Page 1 of 1 154.23-065 Wage subsidies for recipients of Kentucky Transitional Assistance Program. (1) Approved companies under KRS 154.23-005 to 154.23-079 that hire and employ Kentucky Transitional Assistance Program (K-TAP) recipients on a full-time basis
shall be eligible, to the extent funds are available, to receive wage subsidies from
the Kentucky Cabinet for Health and Family Services in KRS Chapter 205, Title
IV-A of the Federal Social Security Act (Subchapter 4 of Chapter 7 of Title 42,
United States Code), and the administrative regulations of the Cabinet for Health
and Family Services that address standards and eligibility requirements for K-TAP
and subsidized employment. (2) The wage subsidy for a K-TAP recipient shall be equal to a proportionate amount of the prevailing wage paid by the approved company to all other employees in the
same job classification as the K-TAP recipient for one (1) year as follows:
(a) A seventy-five percent (75%) subsidy for the first four (4) months of employment; (b) A fifty percent (50%) subsidy for the next four (4) months of employment; and (c) A twenty-five percent (25%) subsidy for the next four (4) months of employment. (3) During the period of the wage subsidy, the Cabinet for Health and Family Services shall reimburse the employer contribution for FICA and Unemployment Insurance
made on behalf of K-TAP recipients. (4) The Cabinet for Health and Family Services shall collect information to determine the eligibility of recipients and the availability of this subsidy for approved
companies. Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 99, sec. 124, effective June 20, 2005. -- Created 2000 Ky. Acts ch. 528, sec. 13, effective July 14, 2000.