Kentucky 2022 Regular Session

Kentucky House Bill HB763

Introduced
3/1/22  

Caption

AN ACT relating to economic development.

Impact

If enacted, HB 763 would amend existing state laws to create a formalized structure for the Bluegrass State Skills Corporation. This corporation would operate as a de jure entity of the Commonwealth and would focus on skills training and education initiatives tailored to economic development. The proposed changes would likely lead to more specialized training programs that align with the labor market needs, thereby improving the overall employment landscape in Kentucky.

Summary

House Bill 763 proposes the establishment of the Bluegrass State Skills Corporation, an independent corporation intended to enhance and promote employment opportunities for the citizens of Kentucky. This will be achieved by creating and expanding educational and training programs aimed at meeting the specific needs of qualified companies within the Commonwealth. The bill entails a complete governance structure for the corporation, which will have a board of directors, including ex officio members from various government departments and appointed members from business, education, and labor backgrounds.

Sentiment

The general sentiment surrounding HB 763 appears to be supportive, with proponents recognizing its potential for fostering job growth and economic enhancement. Supporters argue that by establishing targeted training programs and a structured organization to oversee these initiatives, the bill could significantly benefit the state's workforce development. However, there may also be concerns regarding the funding and effectiveness of such a corporation, especially among skeptics who question the efficiency of government-led economic initiatives.

Contention

While the bill is largely viewed positively, discussions may arise around the Governor's power to appoint members of the board of directors, which could lead to debates about the politicization of the corporation's governance. There may also be concerns regarding the accountability of the corporation and its ability to effectively meet the diverse needs of different regions within Kentucky. Furthermore, ensuring equitable access to the training programs offered by the corporation may be crucial in addressing potential equity concerns among various demographic groups.

Companion Bills

No companion bills found.

Previously Filed As

KY HB476

AN ACT relating to economic development.

KY HB303

AN ACT relating to economic development.

KY HB390

AN ACT relating to economic development.

KY HB712

AN ACT relating to economic development.

KY HB107

AN ACT relating to economic development incentive projects.

KY SB198

AN ACT relating to nuclear energy development.

KY SB180

AN ACT relating to guidelines and standards for labor and workforce development and declaring an emergency.

KY SB349

AN ACT relating to economic development.

KY HB313

AN ACT relating to economic development.

KY HB45

AN ACT relating to economic fiscal matters.

Similar Bills

No similar bills found.