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Budget would expand job-development assessment to large nonprofits to fund Real Jobs initiative
Summary
Article 1 would apply the 0.21% job development assessment to nonprofits with 500+ employees, generating an estimated $2.6 million for workforce programs, principally Real Jobs Rhode Island; witnesses said about 20–30 employers would be affected.
The committee reviewed a proposal to expand the job-development assessment (the 0.21% payroll assessment) to nonprofits with 500 or more employees to generate new revenue for workforce programs, including $2.3 million proposed for the Real Jobs Rhode Island initiative.
Administration witnesses said the change would affect an estimated 20…
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