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Legislative Year: 2024 Change
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Bill Detail: SB24-050

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Title Colorado Workforce Demonstration Grants Pilot Program
Status Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations (02/01/2024)
Bill Subjects
  • Labor & Employment
House Sponsors
Senate Sponsors T. Exum Sr. (D)
House Committee
Senate Committee Business, Labor and Technology
Date Introduced 01/12/2024
AI Summary
Summary

The bill creates the Colorado workforce demonstration grants pilot
program (pilot program) in the office of economic development (office)
to provide grants to eligible workforce training providers in order to
facilitate workforce training for eligible participants. The office
administers the pilot program and awards grants from the Colorado
workforce demonstration grants pilot program cash fund (fund), which is
created in the bill.
In awarding grants, the office must:
  • Give first priority to eligible workforce training providers
that implement a proven program or practice;
  • Give second priority to eligible workforce training
providers that implement an evidence-informed program or
practice; and
  • Allocate one-third of the money appropriated to the fund to
eligible workforce training providers that are qualified
intermediaries, so long as at least one eligible workforce
training provider that is a qualified intermediary selected to
participate includes in its application a plan to conduct an
evaluation that, once completed, will demonstrate that the
qualified intermediary is offering a proven program or
practice.
An eligible workforce training provider that receives a grant from
the pilot program must report to the office certain information concerning
the proven programs or practices and the evidence-informed programs or
practices that it provides or facilitates with the grant money. The office
must conduct an evaluation of long-term wage outcomes for eligible
participants served by eligible workforce training providers under the
pilot program. The evaluation must anonymize personal data, aggregate
data by each eligible workforce training provider, and be consolidated
into a single annual report. The office must submit an annual summarized
report to the legislative subject matter committees concerned with labor
and employment.
The pilot program is repealed, effective July 1, 2029. Any
unexpended and unencumbered money remaining in the fund is
transferred to the general fund.

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with Amendments
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