Missouri 2022 2022 Regular Session

Missouri House Bill HB2418 Comm Sub / Analysis

Filed 01/25/2022

                    HB2418--MISSOURIONESTARTPROGRAM
SPONSOR: Grier
Thisbillassistscompanieswithrecruitmentserviceswhichis
definedasthepromotionofworkforceopportunitiesinMissouri.
TheDepartmentofEconomicDevelopment(department)istoestablish
guidelinesanddevelopanapplicationformforalocaleducation
agencytosubmitonbehalfofaqualifiedcompanywhoisapplying
forbenefits. Thedepartmentmayprovidefinancialassistancefor
trainingprojectsthroughtheMissourionestartprogramfromthe
MissouriOneStartJobDevelopmentFundtoqualifiedcompanies.
Thedepartmentisresponsibletoadministertherecruitment
services,whilethefinancialassistancefortrainingprojectsis
administeredbyalocaleducationagency.
Thedepartmentwilldisbursethefundsfromthe"MissouriOneStart
CommunityCollegeNewJobsTrainingFund"throughJune30,2023
intothespecialfundsestablishedbythecommunitycollege
districtsfortrainingprojectsandthefundsareusedtopayfor
thetrainingprojectcosts.AnyunobligatedfundsonJuly1,2023
aretransferredtothe"MissouriOneStartCommunityCollege
TrainingFund"whichhasbeencreatedbythisbill.
TheDepartmentofRevenueshalldeveloptheformstoapplythe
creditstothefundsforallnewandretainedjobscredits.
BeginningJuly1,2023,reimbursements madebyallqualified
companiestotheMissouriOneStartCommunityCollegeTrainingFund
shallbenolessthanallallocationsmadebythedepartmenttoall
communitycollegedistrictsforallprojects. Aqualified
company'strainingprojectmayincludebothnewjobsandretained
jobs.
Thebilldeletesthe"MissouriOneStartJobTrainingJoint
LegislativeOversightCommittee".