Bill > LB537

This bill amends the existing law regarding the Workforce Development Program Cash Fund by establishing specific requirements for workforce development grants. The Department of Labor will now administer the fund and must award grants equally across Nebraska's three congressional districts. Grants will focus on developing job skills, money management, communication skills, job preparation, and job placement. To be eligible for a grant, applicants must demonstrate they can provide a one-to-one match from private funds, and grant recipients must report back to the department about job placement and participants' progress toward self-sufficiency. The bill also signals the Legislature's intent to transfer $1.5 million from the General Fund to the Workforce Development Program Cash Fund for fiscal year 2025-26, specifically to support these workforce development grants. Additionally, any money in the fund not immediately used will be invested by the state investment officer according to existing state investment acts.

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https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59699