| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 86R10337 SMT-D | |
| 2 | 2 | By: Campbell S.B. No. 1722 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the award of grants from the skills development fund. | |
| 8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1. Section 303.003, Labor Code, is amended by | |
| 10 | 10 | adding Subsection (b-4) to read as follows: | |
| 11 | 11 | (b-4) In collaboration with the council, the commission | |
| 12 | 12 | shall develop a tool for comparing the estimated cost of a proposed | |
| 13 | 13 | job-training initiative to the projected increase in wages | |
| 14 | 14 | attributable to the initiative. The commission shall identify a | |
| 15 | 15 | minimum eligibility ratio of cost to increased wages and may not | |
| 16 | 16 | award money from the skills development fund for a job-training | |
| 17 | 17 | initiative unless the cost to increased wages ratio for the | |
| 18 | 18 | initiative, as determined using the comparison tool developed under | |
| 19 | 19 | this subsection, meets or exceeds the minimum eligibility ratio. | |
| 20 | 20 | SECTION 2. This Act takes effect September 1, 2019. |