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| SPONSOR: | Jennings | DATE TYPED: | 02/19/01 | HB | |||
| SHORT TITLE: | In-Plant Training Programs Appropriation | SB | 687 | ||||
| ANALYST: | Woodlee | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY01 | FY02 | FY01 | FY02 | ||
| $ 6,000.0 | Recurring | General Fund | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB2, HB15, HB78, HB559, HB589, SB136, SB250, SB692, SB737
SOURCES OF INFORMATION
Economic Development Department
LFC Files
SUMMARY
Synopsis of Bill
Senate Bill 687 appropriates $6,000.0 from the general fund to the development training fund for the development training program to provided classroom and in-plant training to furnish qualified manpower resources for certain new or expanding industries in the state.
Significant Issues
In FY01, the IDTP Board awarded 86 percent of the appropriation before the first month of the fiscal year. Virtually, the entire fund balances were awarded prior to the end of the second quarter of FY01, with only $4.1 currently available. For FY01, the program funded 2402 jobs with $10,158.4 of IDTP fund balances. According to the IDTP Budget Report, the Development Training Fund has $14,637.6 obligated to active projects, but only $1,441.4, or 9.8 percent, has been expended. This bill would maintain the same amount of appropriations as previous years.
FISCAL IMPLICATIONS
The appropriation of $6,000.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert.
RELATIONSHIP
Senate Bill 687 relates to HB15, HB78, and SB250 which all propose to appropriate $15,000.0 to the Industrial Development Training Program. HB589 proposes to change the size of project for the exception to the residency requirements. HB559 allows for the training of part-time employees, as well as full-time. Also, SB136 proposes selection criteria and transfers the program to the Labor Department. SB692 proposes selection criteria for the board to follow, while SB737 proposes to appropriate $9,000.0 to the program, contingent upon passage of SB692.
MW/njw