Number
131304
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. HAMILTON, WADE, COGGS, PEREZ, KOVAC AND DAVIS
Title
Substitute resolution supporting enactment of a comprehensive federal legislative package to greatly reduce poverty, directing the Department of Administration - Intergovernmental Relations Division to actively seek enactment of this legislation, and directing the Intergovernmental Relations Division and other City agencies to support state legislation for the reduction of poverty in the state, and implement local initiatives that will strengthen support for such legislation.
Analysis
This resolution supports the enactment of a comprehensive federal legislative package to greatly reduce poverty by:
1. Offering transitional jobs, at the minimum wage for up to 40 hours of work per week, to adults who are unemployed or underemployed.
2. Increasing the minimum wage by at least $1.50 per hour, and indexing it for inflation.
3. Ensuring that the Earned Income Tax Credit, in concert with the Child Tax Credit, provide much larger earnings supplements to all workers regardless of marital status or number of children, and also provide parents or guardians of children with substantially larger earnings supplements that increase with the number of children, so that full-time work yields a combination of earnings (at the new minimum wage or higher) and earnings supplements that exceed the poverty line; and
4. Ensuring that seniors who retire by age 65 on Social Security, or have severe disabilities and receive disability benefits, have incomes above the poverty line.
The resolution also directs the Department of Administration - Intergovernmental Relations Division to actively seek enactment of this legislation.
This resolution further directs the Department of Administration - Intergovernmental Relations Division to support state legislation for the reduction of poverty in the state, and directs City agencies to develop and implement local initi...
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