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File #: 3381-2018    Version: 1
Type: Ordinance Status: Passed
File created: 11/27/2018 In control: Rules & Reference Committee
On agenda: 12/10/2018 Final action: 12/13/2018
Title: To enact new Section 4565.11 of the Columbus City Codes, in order to provide for a Job Creation Incentive Program Employer Minimum Wage.
Sponsors: Elizabeth Brown
Explanation

This ordinance is intended to create a Job Creation Incentive Programs Employer Minimum Wage. This will create a fifteen-dollar ($15.00) minimum hourly wage for all employees to which the incentive applies.

FISCAL IMPACT: No funding is required for this legislation.

Title

To enact new Section 4565.11 of the Columbus City Codes, in order to provide for a Job Creation Incentive Program Employer Minimum Wage.

Body

WHEREAS, the City of Columbus uses tax incentives to encourage local, regional, national, and international companies to expand the number of employees they locate within the boundaries of the city; and

WHEREAS, the creation of new jobs in Columbus helps attract new residents while simultaneously expanding the tax base from which city revenue is collected, thereby enhancing the city’s ability to provide services to residents; and

WHEREAS, it is in the best interest of the City of Columbus and its residents for the city to offer incentives only for jobs that pay a living wage, which allow employees to afford basic necessities such as housing, food, and transportation for themselves and their families; and

WHEREAS, the public benefit of using tax dollars to support the creation of a new job is significantly diminished if employees earn less than a living wage, making it difficult for a family to achieve financial stability; and

WHEREAS, the fifteen-dollar minimum wage created in this ordinance will apply only to positions that are otherwise eligible under the city’s job incentive program as sought by the employer; and

WHEREAS, by establishing this Job Creation Incentive Program Employer Minimum Wage, the City of Columbus reinforces its commitment to supporting broad-based economic prosperity by only providing tax incentives for jobs that provide a living wage; now, therefore,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

SECTION 1. The new section 4565.11 of the Columbus City Codes is hereby enacted as follows:
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