JOBS PROPOSAL WOULD EXPAND WORKER CREDITS; EMPLOYEE POOL COULD INCREASE.Byline: Jim Skeen Daily News Staff Writer Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming. The Antelope Valley businesses will have a larger pool of potential employees eligible for tax credits under a plan to create nine ``targeted employment areas'' in Lancaster and the eastern Antelope Valley. If approved by the state Trade and Commerce Agency, businesses in the Antelope Valley's enterprise zone will be eligible for tax credits of up to $24,000 per employee when they hire workers who reside in those nine areas, which range from northern Lancaster to Llano lla·no n. pl. lla·nos A large, grassy, almost treeless plain, especially one in Latin America. [Spanish, plain, from Latin pl . At present, businesses can claim tax credits for employees who were hired through the federal Job Partnership Training Act and the Greater Avenues for Independence Program. If the targeted employment areas are approved, businesses will still be eligible for those credits for workers hired through JPTA JPTA Joint Patient Tracking Application (US DoD) JPTA Japanese Physical Therapy Association JPTA Job Partnership Training Act JPTA Job Partnership Training Assistance JPTA Jobs Partnership Training Act JPTA Job Placement Training Act or GAIN who do not reside in the targeted areas. The three partners in the Antelope Valley enterprise zone - Lancaster, Palmdale and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County - all have approved the creation of the nine areas. Trade and Commerce Agency officials will review the plan, but unless there are some technical glitches, the state is expected to approve the plan. ``It's pretty much a done deal,'' said Cheryl Rose, Lancaster's enterprise zone manager. Under state law, targeted employment areas can be created in census tracts A census tract, census area, or census district is a particular community defined for the purpose of taking a census. Usually these coincide with the limits of cities, towns or other administrative areas and several tracts commonly exist within a county. where at least 51 percent of the residents earn a low or moderate income as defined by the U.S. Department of Housing and Urban Development. The qualifying census areas cover most of Lancaster north of Avenue I and west of 15th Street East; Sun Village and Littlerock north of Highway 138, Hi Vista, Llano and Lake Los Angeles, records show. The Antelope Valley formed an enterprise zone Feb. 1, 1997. Businesses in the zone are eligible for state tax credits, including credits on equipment purchases, interest deductions Interest deduction An interest expense, such as interest on a margin account, that is allowed as a deduction for tax purposes. for income earned on investments and wage credits for workers hired through certain programs. The enterprise zone already has attracted Senior Systems Technology Inc., a Chatsworth electronics assembler Software that translates assembly language into machine language. Contrast with compiler, which is used to translate a high-level language, such as COBOL or C, into assembly language first and then into machine language. that is building a Palmdale factory with 500 jobs; a Michaels craft-store chain warehouse, which will bring in 130 workers to Lancaster; and a Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. drug store chain warehouse, which could result in as many as 1,000 workers coming to Lancaster. Another company, B & B Manufacturing Co., Inc., is considering opening a plant in Palmdale that would employ as many as 350 people. |
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