Bill

Bill > S2192


MA S2192

To diversify the use of the Workforce Training Fund to support the Workforce Competitiveness Trust Fund.


summary

Introduced
10/26/2017
In Committee
10/27/2017
Crossed Over
10/26/2017
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

To diversify the use of the Workforce Training Fund to support the Workforce Competitiveness Trust Fund.

AI Summary

This bill amends the existing law 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 for unemployed persons by an employer with a job vacancy, up to 5% of the annual capitalization of the fund. Additionally, the Commonwealth shall match, subject to appropriation, the money used for these grants. The bill also requires the commissioner to annually report on the collection of the workforce training contributions, including the amount collected, the total number of contributing employers and employees, and the contribution rate.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

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