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