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.