HB 20-1346 Summary

• Extends the repeal date of the innovative industries workforce development program from July 1, 2020 to July 1, 2025, providing an additional five years of program operation.

• Appropriates $900,000 from the general fund to the division of employment and training in the department of labor and employment for program reimbursements during fiscal year 2020-2021.

• Requires the state council to submit annual reports on or before November 1, 2020 and the next two years thereafter, detailing program activities, participating companies and interns, occupational areas, and employment outcomes.

• Authorizes the general assembly to annually appropriate funds for department administrative expenses, including payments to intermediaries, with any unexpended funds carrying over to the next fiscal year.

• Takes effect 12:01 a.m. on the day following the expiration of the ninety-day period after final adjournment (August 5, 2020, if final adjournment occurs May 6, 2020), unless subject to referendum petition.