15B.4  Financial assistance for an apprenticeship program.
  1.  a.  An apprenticeship sponsor or lead apprenticeship sponsor that conducts an apprenticeship program that is registered with the United States department of labor, office of apprenticeship, through Iowa, for apprentices who will be employed at worksites located in this state may apply to the authority for financial assistance under this section if the apprenticeship program includes a minimum of one hundred contact hours per apprentice for each training year of the apprenticeship program.
  b.  Financial assistance received by an apprenticeship sponsor or lead apprenticeship sponsor under this section shall be used only for the cost of conducting and maintaining an apprenticeship program.
  2.  The authority shall provide financial assistance in the form of training grants to eligible apprenticeship sponsors or lead apprenticeship sponsors in the following manner:
  a.  By determining the total amount of funding allocated for purposes of training grants for apprenticeship programs pursuant to section 15B.3.
  b.  By determining the total number of apprentices trained during the most recent training year, as calculated on the last day of the training year, in all apprenticeship programs conducted by all applying apprenticeship sponsors or lead apprenticeship sponsors eligible to apply for financial assistance under subsection 1.
  c.  By determining the total number of apprentices trained during the most recent training year, as calculated on the last day of the training year, in each apprenticeship program conducted by each apprenticeship sponsor or lead apprenticeship sponsor eligible to apply under subsection 1, and that applied for financial assistance under subsection 1.
  d.  By determining the proportion, stated as a percentage, that each applying apprenticeship sponsor’s or lead apprenticeship sponsor’s total calculated pursuant to paragraph “c” bears to all applying apprenticeship sponsors’ or lead apprenticeship sponsors’ total calculated pursuant to paragraph “b”.
  e.  By multiplying the percentage calculated in paragraph “d” by the amount determined in paragraph “a”.
  3.  An apprenticeship sponsor or lead apprenticeship sponsor seeking financial assistance under this section shall provide the following information to the authority:
  a.  The federal apprentice registration number of each apprentice in the apprenticeship program.
  b.  The address and a description of the physical location where in-person training is conducted.
  c.  A certification of the apprenticeship sponsor’s training standards as most recently approved by the United States department of labor, office of apprenticeship or, in the case of a lead apprenticeship sponsor, a representative sample of participating members’ training standards.
  d.  A certification of the apprenticeship sponsor’s compliance review or quality assessment as most recently conducted by the United States department of labor, office of apprenticeship, unless the apprenticeship sponsor has not been subjected to a compliance review or quality assessment. In the case of a lead apprenticeship sponsor, a sampling of compliance reviews or quality assessments from participating members shall be sufficient.
  e.  Any other information the authority reasonably determines is necessary.
  4.  The apprenticeship sponsor or lead apprenticeship sponsor and the authority shall enter into an agreement regarding the provision of any financial assistance to the apprenticeship sponsor or lead apprenticeship sponsor.
  5.  An apprenticeship sponsor receiving financial assistance under this chapter is ineligible for financial assistance under chapter 15C during the same fiscal year.
2014 Acts, ch 1132, §20; 2018 Acts, ch 1067, §3; 2020 Acts, ch 1117, §1; 2021 Acts, ch 45, §2 – 5
2021 amendments to subsection 1, paragraph a, and subsection 2, unnumbered paragraph 1 and paragraphs b, c, and d, apply to financial assistance provided by the economic development authority to apprenticeship sponsors and lead apprenticeship sponsors that apply for financial assistance on or after July 1, 2021; 2021 Acts, ch 45, §5