Portland Mayor Sam Adams and Commissioner Dan Saltzman are proposing tax breaks to local businesses that help teenagers get jobs.
Portland Mayor Sam Adams and Commissioner Dan Saltzman are proposing tax breaks to local businesses that help teenagers get jobs.
The proposal goes before the Portland City Council today.
Adams’ portion of the program would give businesses that develop career-exploration programs $500 tax credits on their business-license-tax bills. The city would limit the number of credits to 75 per year, capping the annual give-away at $37,500. Adams has made education reform one of his priorities as mayor, though he has no direct role in running the city’s schools.
For his part, Saltzman wants to offer the $500 credits to businesses that employ young people who are also foster-care kids. The program, if approved by city council, would create 25 of these kinds of credits — for a total of $12,500 per year. Separately, Saltzman has pushed the city to study whether it might build a new center for foster-care kids who have aged out of the state system but still need outside support.
Read more at OregonLive.com.
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