HB 1731 - DIGEST
(SEE ALSO PROPOSED 1ST SUB)
Authorizes the college board, using funds appropriated therefor, to award economic incentive grants for instructional programs that meet the demand of work force training for business and industry. Economic incentive grants may be used to fund proposals that emphasize collaboration between business, industry, and community and technical colleges. The criteria for awarding the grants must be uniform and applicable to all eligible colleges and the proposals shall meet the following conditions: (1) The program shall be offered by two or more eligible community colleges and technical colleges;
(2) the participating colleges shall obtain a matching grant from business and industry that is equal to the amount of the state grant;
(3) the partnership between business, industry, and community and technical colleges shall be a cost-effective means to provide the training program;
(4) the program shall provide training for the regional work force; and
(5) the program shall meet the needs of the regional employers.