Bill > H3804

This bill aims to diversify the use of the Workforce Training Fund to support the Workforce Competitiveness Trust Fund. Specifically, it allows the Director of the Workforce Training Fund to provide grants for pipeline training to unemployed persons by an employer with a job vacancy, as long as the grants do not exceed 5% of the fund's annual capitalization. The grants will be distributed through the Commonwealth Corporation in a need-based, competitive process, with 50% paid upon enrollment and the remaining balance contingent on job placement and retention outcomes. Additionally, the Commonwealth will match, dollar for dollar, any monies used for these grants. The bill also requires the Commissioner of the Department of Unemployment Assistance to file an annual report with the Joint Committee on Labor and Workforce Development and the House and Senate Committees on Ways and Means regarding the collection of the Workforce Training contributions.

Budget and Finance

https://malegislature.gov/Bills/190/H3804