Text: HSB00050 Text: HSB00052 Text: HSB00000 - HSB00099 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 15.251, subsection 2, Code 1999, is 1 2 amended to read as follows: 1 3 2. The department may charge, within thirty days following 1 4 the sale of certificates under chapter 260E, the board of 1 5 directors of the merged area a fee of up to one percent of the 1 6 gross sale amount of the certificates issued. The amount of 1 7 this fee shall be depositedintoand allowed to accumulate in 1 8 a job training fund created in the departmentand may be used1 9by the department to cover the costs of management of chapter1 10260E and to support other efforts by the community colleges1 11related to providing productivity and quality enhancement1 12training.FundsAt the end of each fiscal year, all funds 1 13 deposited under this subsection into the job training fund 1 14 duringathe fiscal yearwhich are not expended by the1 15department in that fiscal year are available for use by the1 16department under this subsection for subsequent fiscal years1 17 shall be transferred to the workforce development fund account 1 18 established in section 15.342A. 1 19 Sec. 2. Section 15.342A, Code 1999, is amended to read as 1 20 follows: 1 21 15.342A WORKFORCE DEVELOPMENT FUND ACCOUNT. 1 22 A workforce development fund account is established in the 1 23 office of the treasurer of state under the control of the 1 24 department. The account shall receive funds pursuant to 1 25 section 422.16A up to a maximum of ten million dollars per 1 26 year. The account shall also receive funds pursuant to 1 27 section 15.251 with no dollar limitation. 1 28 Sec. 3. Section 15.343, subsection 2, Code 1999, is 1 29 amended by adding the following new paragraph: 1 30 NEW PARAGRAPH. e. To cover the costs of the 1 31 administration of workforce development programs and services 1 32 available through the department. A portion of these funds 1 33 may be used to support efforts by the community colleges to 1 34 provide workforce services to Iowa employers. 1 35 EXPLANATION 2 1 This bill provides that fees received by the department of 2 2 economic development from community colleges generated through 2 3 the sale of certificates to fund new jobs training programs 2 4 under Code chapter 260E are to be deposited and accumulate in 2 5 the department's job training fund and then transferred at the 2 6 end of the fiscal year to the workforce development fund 2 7 account. The bill provides that moneys in the workforce 2 8 development fund account can be used to cover costs of the 2 9 administration of workforce development programs and to 2 10 support efforts by the community colleges to provide workforce 2 11 services to Iowa employers. 2 12 LSB 1317DP 78 2 13 tm/gg/8
Text: HSB00050 Text: HSB00052 Text: HSB00000 - HSB00099 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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