IC 5-28-7
    Chapter 7. Training 2000 Program and Fund

IC 5-28-7-1
"Business"
    Sec. 1. As used in this chapter, "business" includes an entity thathas the objective of supplying a service or an article of trade orcommerce.
As added by P.L.4-2005, SEC.34.

IC 5-28-7-2
Training program; policies; promotional materials; eligibility;continuing operations
    Sec. 2. The corporation shall do the following:
        (1) Establish policies to carry out a training assistance program,the purpose of which is to provide assistance to the following:
            (A) New or expanding businesses, for the training ofpotential employees and the retraining and upgrading of theskills of potential employees.
            (B) Businesses in Indiana, for the retraining and upgradingof employees' skills required to support new capitalinvestment.
            (C) Businesses in Indiana, for the development of basicworkforce skills of employees, including the following:
                (i) Literacy.
                (ii) Communication skills.
                (iii) Computational skills.
                (iv) Other transferable workforce skills approved by thecorporation.
        (2) Provide promotional materials regarding the trainingprogram.
        (3) Determine the eligibility of an industry for the trainingprogram.
        (4) Require a commitment by a business receiving trainingassistance under this chapter to continue operations at a site onwhich the training assistance is used for at least five (5) yearsafter the date the training assistance expires. If a business failsto comply with this commitment, the corporation shall requirethe business to repay the training assistance provided to thebusiness under this chapter.
As added by P.L.4-2005, SEC.34.

IC 5-28-7-3
Policies and guidelines; services and materials; training plans;evaluation; other entities
    Sec. 3. The corporation may do the following:
        (1) Adopt policies and guidelines necessary to carry out thischapter.
        (2) Accept money and other things of value from all sources tocarry out the purposes of the training program.        (3) Provide services and materials in order to carry out thepurposes of the training program.
        (4) Develop or assist in the development of training plans.
        (5) Evaluate the training program with respect to the program'simpact on the improvement of workforce skills, job creation,and job retention.
        (6) Involve other entities, by contract or otherwise, in carryingout the purposes of the training program.
As added by P.L.4-2005, SEC.34.

IC 5-28-7-4
Participation of businesses
    Sec. 4. Participation in the training program is limited tobusinesses that:
        (1) meet the eligibility requirements of the corporation; and
        (2) comply with this chapter.
As added by P.L.4-2005, SEC.34.

IC 5-28-7-5
Training 2000 fund
    Sec. 5. (a) The training 2000 fund is established within the statetreasury to be used exclusively for the purposes of this chapter.
    (b) The fund consists of appropriations from the generalassembly.
    (c) The corporation shall administer the fund. The following maybe paid from money in the fund:
        (1) Expenses of administering the fund.
        (2) Nonrecurring administrative expenses incurred to carry outthe purposes of this chapter.
    (d) The treasurer of state shall invest the money in the fund notcurrently needed to meet the obligations of the fund in the samemanner as other public funds may be invested. Interest that accruesfrom these investments shall be deposited in the fund.
As added by P.L.4-2005, SEC.34.