KY HB498

Establishes the Adult Workforce Diploma Pilot Program administered by the Education and Labor Cabinet to help Kentucky residents age 21 and older who lack a high school diploma earn one while developing employability and career skills

Creates a dedicated trust fund to pay approved program providers on a milestone basis: $275 for each half credit earned, employability certification, or short workforce credential; $550-$825 for workforce credentials requiring 50-100+ hours of training; and $1,100 for each diploma earned

Requires approved providers to be regionally accredited and offer individualized learning plans, literacy/numeracy remediation, career pathways coursework, workforce credential preparation, and job placement services

Mandates minimum performance standards beginning July 1, 2027, including at least 50% graduation rate and average cost per graduate of $7,500 or less, with providers subject to removal for non-compliance within two years

Program expires July 1, 2029, unless extended by the General Assembly, with annual reporting required to the Kentucky Board of Education, Secretary of State, and relevant legislative committees