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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of money awarded from the skills development |
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fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 303.003, Labor Code, is amended by |
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amending Subsection (b) and adding Subsection (b-3) to read as |
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follows: |
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(b) The skills development fund may be used by public |
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community and technical colleges, community-based organizations, |
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local workforce development boards, and the Texas A&M Engineering |
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Extension Service [as start-up or emergency funds] for the |
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following job-training purposes: |
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(1) developing and implementing customized training |
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programs for businesses and trade unions; and |
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(2) sponsoring small and medium-sized business |
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networks and consortiums. |
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(b-3) Not more than 25 percent of the amount of a skills |
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development fund grant awarded for a training project may be used |
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for the purchase of any proprietary or production equipment |
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necessary for the training project. |
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SECTION 2. The changes in law made by this Act to Section |
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303.003, Labor Code, apply only to a skills development fund grant |
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awarded by the Texas Workforce Commission on or after the effective |
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date of this Act. A skills development fund grant awarded before |
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that date is governed by the law in effect on the date the grant was |
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awarded, and the former law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2023. |