§ 5480.2. Eligible Entity Application.
10 CA ADC § 5480.2Barclays Official California Code of Regulations
10 CCR § 5480.2
§ 5480.2. Eligible Entity Application.
4. The hours worked by each employee in the last year. If the employee has been employed less than one year and the position was in existence prior to the hiring of the employee, include the hours allocated to this position prior to the hiring of this employee. If the position has existed for less than a year the number of hours for the position when extrapolating existing hours to an annualized basis, e.,g. 600 hours for 6 months is a 1,200 hour annualized position. In no case shall one employee, or one job position, if more than one person held the same job position (e.g. one employee left the firm and was replaced with another employee) account for more than 1,750 hours annually; and
5. A certification by the Authorized Applicant Representative that as of the date the Application is signed each employee listed is still working for the Applicant at approximately the FTE Employee hours listed in the Application, their primary job location is in the county where the Eligible Facility is located, and the Direct Jobs and Supporting Jobs will be maintained for at least 24 months following the Attainment Date.
4. A certification that the Applicant has a good faith intention to hire employees for the job positions as listed, approximately when listed, agrees and understands that each employee must be primarily employed in the county where the Eligible Facility is located and must be maintained for at least 24 months following the Attainment Date.
4. A certification that as of the date the Application is signed this portion of the Investment is still owned by the Applicant, located in the county where the Eligible Facility is located, and that the Investment will be owned by the Applicant and maintained in the county for at least 24 months after the Attainment Date.
Credits
Note: Authority cited: Section 11152, Government Code; and Section 6378.1, Revenue and Taxation Code. Reference: Section 6378.1, Revenue and Taxation Code.
History
1. New section filed 8-15-2002; operative 9-14-2002 (Register 2002, No. 33).
This database is current through 4/19/24 Register 2024, No. 16.
Cal. Admin. Code tit. 10, § 5480.2, 10 CA ADC § 5480.2
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