Texas 2019 - 86th Regular

Texas Senate Bill SB1722

Caption

Relating to the award of grants from the skills development fund.

Impact

The enactment of SB1722 has the potential to significantly impact how job-training programs are funded across Texas. By establishing a minimum eligibility ratio of cost to increased wages, the bill not only aims to safeguard the integrity of the Skills Development Fund but also encourages program leaders to propose well-structured initiatives that justify the investment of public funds. This measure could lead to a more strategic allocation of resources in workforce training, aligning state investments with the actual economic impact of training programs on wage growth.

Summary

SB1722, also known as the Skills Development Fund Grant Act, aims to enhance the effectiveness and accountability of job-training initiatives funded by the state of Texas. This bill amends the Labor Code to require the Texas Workforce Commission to develop a comparison tool that evaluates the estimated costs associated with proposed job-training programs against the projected increases in wages resulting from these initiatives. The primary objective of this provision is to ensure that the funds allocated for workforce development are used efficiently and provide tangible benefits in terms of higher wages for employees.

Contention

While the bill received attention for its aim to optimize workforce development funding, discussions may have arose around the evaluation methods used to determine the eligibility ratio for grants. Concerns could surface regarding the potential for subjectivity in how job-training initiatives are assessed, and whether certain worthy programs might be excluded based on rigid financial metrics. Stakeholders may advocate for flexibility in the evaluation criteria to accommodate the diverse nature of job-training efforts that address various local workforce needs.

Companion Bills

No companion bills found.

Previously Filed As

TX HB3900

Relating to the use of money awarded from the skills development fund.

TX HB2368

Relating to requirements for certain skills development fund grant proposals.

TX HB4723

Relating to the direct reimbursement of certain employers under the Skills Development Fund.

TX SB1687

Relating to the direct reimbursement of certain employers under the Skills Development Fund.

TX HB1718

Relating to rural development funds and insurance tax credits for certain investments in those funds; authorizing fees.

TX HB1755

Relating to the creation of the Lone Star Workforce of the Future Fund.

TX HB2697

Relating to the regulation of the funding resources awarded by the broadband development office.

TX HB1338

Relating to the participation of community-based organizations in workforce training programs funded by the skills development fund.

TX HB4131

Relating to the use of funds awarded under the Jobs and Education for Texans (JET) Grant Program.

TX HB9

Relating to the development and funding of broadband and telecommunications services.

Similar Bills

No similar bills found.