Bill
Bill > HF559
IA HF559
A bill for an act relating to financial assistance provided by the economic development authority to certain apprenticeship sponsors and lead apprenticeship sponsors, and including applicability provisions. (Formerly HSB 202.) Effective date: 07/01/2021. Applicability date: 07/01/2021.
summary
Introduced
02/16/2021
02/16/2021
In Committee
Crossed Over
02/23/2021
02/23/2021
Passed
04/12/2021
04/12/2021
Dead
Signed/Enacted/Adopted
04/12/2021
04/12/2021
Introduced Session
89th General Assembly
Bill Summary
A bill for an act relating to financial assistance provided by the economic development authority to certain apprenticeship sponsors and lead apprenticeship sponsors, and including applicability provisions. (Formerly HSB 202.) Effective date: 07/01/2021. Applicability date: 07/01/2021.
AI Summary
This bill amends Iowa's existing law on financial assistance provided by the Economic Development Authority to certain apprenticeship sponsors and lead apprenticeship sponsors. The key provisions are:
1. It defines "contact hours" as the number of hours of in-person instruction received by an apprentice participating in an apprenticeship program.
2. It requires apprenticeship programs to include a minimum of 100 contact hours per apprentice for each training year in order for the sponsor to be eligible for financial assistance.
3. It modifies the formula used by the Authority to calculate the amount of financial assistance provided, focusing on the total number of apprentices trained and the proportion of apprentices in each individual program.
The bill applies to financial assistance provided by the Authority to apprenticeship sponsors and lead apprenticeship sponsors that apply on or after July 1, 2021.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Labor (H)
Last Action
Explanation of vote. H.J. 1204. (on 05/19/2021)
Official Document
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