HB 14-1179 Summary

• Creates the Veterans Workforce Accelerator Grant Program administered by the Department of Labor and Employment to provide matching grants for accelerated, hands-on skills training in advanced industries.

• Establishes the Veterans Workforce Accelerator Fund in the state treasury, with grants not to exceed $2 million in fiscal year 2014-15 and up to $3 million total through fiscal year 2017-18.

• Requires grant applicants to have dedicated matching funds equal to the grant amount requested, be affiliated with regional innovation clusters including advanced manufacturing businesses, and demonstrate program sustainability.

• Gives preference to training programs that have veterans as a core component, collaborate with community colleges and local workforce centers, and teach skills with immediate industry application.

• Requires the Department of Labor and Employment to report annually to the General Assembly on program outcomes including number of trainees, employment rates, and program sustainability through July 1, 2015 and thereafter; program repeals July 1, 2018.