The Investment and Job Promotion Bill presented by the 'La Libertad Avanza' block addresses, among other issues, how it would affect provincial and municipal states regarding new public sector employee hiring. If enacted into law, 'employers who initiate a new labor relationship by hiring an employee from the National, Provincial, and/or Municipal Public Sector during the first EIGHTEEN (18) months from the effective date of this law may access, for each new labor relationship, a monthly tax credit bonus equivalent to ONE HUNDRED PERCENT (100%) of the employer contributions effectively paid to the Argentine Integrated Pension System (SIPA)'. In this regard, 'the National Executive Branch may extend the aforementioned period for an equal period'. Labor Reform: Do I continue to receive my salary if I have a work accident? In turn, Article 24, titled 'Tax Credit Bonus for Hiring Public Sector Employees', expressly states that: The province or municipality of the employer's domicile wishing to access the benefit must adhere to it by enacting the corresponding norm through the Legislative Power or Deliberative Council, as the case may be. Photo: Agencia Noticias Argentinas - mendoza.gov.ar. 'This benefit excludes workers who are or have been, in the last TWELVE (12) months, in positions of official or employee with a rank or function not lower than that of director or equivalent, in the National, Provincial, Municipal, or Autonomous City of Buenos Aires Public Sector, centralized or decentralized, autonomous entities, the banks and financial institutions of the official system, the state-run social security works, the state-owned companies, the state societies, or personnel with a similar rank or function and in other entities of the public sector'. How do provinces and municipalities adhere to the 'Tax Credit Bonus' benefit? The answer to this question is developed in Article N°25 of the bill and is expressed as follows: 'In order to obtain the benefit provided for in the preceding paragraph regarding the hiring of employees from the Provincial and/or Municipal Public Sector, the province or municipality of the employer's domicile wishing to access the benefit must expressly adhere to the present chapter by enacting the corresponding norm through the Legislative Power or Deliberative Council, as the case may be, granting, in the same act of adherence, benefits consisting of the reduction of their taxes, fees and/or contributions, comparable in amount and terms to the benefit provided for in Article 24'. Finally, it is valid to say that 'the regulation will establish the details and the other necessary conditions for access to this benefit'.
