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FL S1538
Bill
AI Summary
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Establishes the Renewable Energy Jobs Assistance Program within the Department of Economic Opportunity to support growth and sustainability of Florida's renewable energy industry
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Requires the department to determine which areas of the renewable energy industry have the greatest worker shortages and prioritize grants to applicants training for high-need positions
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Provides low-interest loans with a maximum of $200,000 at 2 percent interest for tuition and related expenses at state universities, Florida College System institutions, or career centers; loans have a 4-year term with interest-only payments due in the 12th month, then combined principal and interest payments
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Appropriates $20 million in nonrecurring General Revenue Fund dollars to the Department of Economic Opportunity for fiscal year 2018-2019 to implement the program
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Takes effect October 1, 2018
Legislative Description
Employment in the Renewable Energy Industry
Last Action
Died in Commerce and Tourism
3/10/2018