Bill

Bill > HB2278


MO HB2278

MO HB2278
Modifies provisions governing the "Fast Track Workforce Incentive Grant"


summary

Introduced
01/04/2024
In Committee
04/17/2024
Crossed Over
Passed
Dead
05/17/2024

Introduced Session

2024 Regular Session

Bill Summary

Modifies provisions governing the "Fast Track Workforce Incentive Grant"

AI Summary

This bill modifies the provisions governing the "Fast Track Workforce Incentive Grant" program in Missouri. The key changes include: 1. Expanding the income eligibility limits for both eligible students and eligible apprentices, increasing the maximum adjusted gross income from $80,000 to $100,000 for married filing joint taxpayers and from $40,000 to $50,000 for all other taxpayers, with these caps adjusted annually for inflation. 2. Clarifying the eligibility requirements for eligible apprentices, including that they must be 25 years of age or older or have not been enrolled in postsecondary education for the prior two years. 3. Giving priority to students and apprentices applying for renewed assistance if appropriated funds are insufficient. 4. Extending the sunset provision for the program from August 28, 2029, to six years after any reauthorization by the General Assembly. The bill also makes other technical and administrative changes to the grant program, such as requiring grant recipients to provide proof of residency and qualifying employment within 30 days of completing each 12 months of employment until the 3-year obligation is fulfilled.

Committee Categories

Government Affairs, Labor and Employment

Sponsors (1)

Last Action

Reported Do Pass (H) - AYES: 9 NOES: 0 PRESENT: 0 (on 04/17/2024)

Bill Topics

Education
  • ‐ Higher Education
Labor and Employment
  • ‐ Employment Training and Workforce Development

bill text


bill summary

Loading...

bill summary

Loading...
Loading...