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CT SB00479

Bill

Status

Introduced

3/25/2022

Primary Sponsor

Finance, Revenue and Bonding Committee

Click for details

Origin

Senate

2022 General Assembly

AI Summary

  • Establishes a commercial driver's license training program administered by the Office of Policy and Management to provide tuition expense support for individuals seeking to become commercial truck drivers, effective July 1, 2022.

  • Training programs must be offered by tax-exempt 501(c)(3) organizations at three locations in different distressed municipalities, with programs offering hands-on training and permanent job placement assistance.

  • Allows enrollees to finance training through income share agreements, where trainees pay a percentage of future earnings for a fixed period; priority given to unemployed, underemployed, disadvantaged, formerly incarcerated, and veteran applicants.

  • Authorizes the State Bond Commission to issue up to $6.5 million in bonds, with $1.5 million per location designated for equipment, trucks, trailers, garages, and capital expenditures; bonds mature within 20 years.

  • Requires annual reporting to the Governor and legislative committees starting July 1, 2023, detailing program enrollment, completion rates, and permanent job placement numbers.

Legislative Description

An Act Establishing A Commercial Driver's License Training Program.

Last Action

File Number 620

4/25/2022

Committee Referrals

Finance, Revenue and Bonding3/25/2022

Full Bill Text

No bill text available