CS for CS for SB 240 - Summary

• Establishes the "consumer-first workforce system" to provide public access to labor market data, career information, and workforce program quality metrics to help residents make informed education and career decisions

• Creates tax credit of up to $2,000 per employee for qualified businesses that employ apprentices, preapprentices, or student interns for at least 9 consecutive weeks (or 500 hours), with annual state cap of $2.5 million through fiscal year 2024-2025

• Requires each local workforce development board to create education and industry consortiums that provide quarterly reports on educational programs and industry needs to inform local workforce planning decisions

• Authorizes career centers to offer associate in applied science and associate in science degree programs through formal approval process involving coordination with Florida College System institutions and community stakeholder input

• Expands work-based learning opportunities by requiring school districts to ensure each high school student has access to at least one work-based learning opportunity and authorizing employer reimbursement for workers' compensation premiums paid for student participants