260G.4B MAXIMUM STATEWIDE PROGRAM JOB CREDIT.
1. The total amount of program job credits from all employers
which shall be allocated for all accelerated career education
programs in the state in any one fiscal year shall not exceed the sum
of three million dollars in the fiscal year beginning July 1, 2000,
three million dollars in the fiscal year beginning July 1, 2001,
three million dollars in the fiscal year beginning July 1, 2002, four
million dollars in the fiscal year beginning July 1, 2003, and six
million dollars in the fiscal year beginning July 1, 2004, and every
fiscal year thereafter. Any increase in program job credits above
the six-million-dollar limitation per fiscal year shall be developed,
based on recommendations in a study conducted by the department of
economic development, pursuant to this section, Code Supplement 2003,
of the needs and performance of approved programs in the fiscal years
beginning July 1, 2000, and July 1, 2001. A community college shall
file a copy of each agreement with the department of economic
development. The department shall maintain an annual record of the
proposed program job credits under each agreement for each fiscal
year. Upon receiving a copy of an agreement, the department shall
allocate any available amount of program job credits to the community
college according to the agreement sufficient for the fiscal year and
for the term of the agreement. When the total available program job
credits are allocated for a fiscal year, the department shall notify
all community colleges that the maximum amount has been allocated and
that further program job credits will not be available for the
remainder of the fiscal year. Once program job credits have been
allocated to a community college, the full allocation shall be
received by the community college throughout the fiscal year and for
the term of the agreement even if the statewide program job credit
maximum amount is subsequently allocated and used.
2. For the fiscal years beginning July 1, 2000, and July 1, 2001,
the department of economic development shall allocate eighty thousand
dollars of the first one million two hundred thousand dollars of
program job credits authorized and available for that fiscal year to
each community college. This allocation shall be used by each
community college to provide funding for approved programs. For the
fiscal year beginning July 1, 2002, and for every fiscal year
thereafter, the department of economic development shall divide
equally among the community colleges thirty percent of the program
job credits available for that fiscal year for allocation to each
community college to be used to provide funding for approved
programs. If any portion of the allocation to a community college
under this subsection has not been committed by April 1 of the fiscal
year for which the allocation is made, the uncommitted portion is
available for use by other community colleges. Once a community
college has committed its allocation for any fiscal year under this
subsection, the community college may receive additional program job
credit allocations from those program job credits authorized and
still available for that fiscal year.
260G.4B MAXIMUM STATEWIDE PROGRAM JOB CREDIT.
1. The total amount of program job credits from all employers
which shall be allocated for all accelerated career education
programs in the state in any one fiscal year shall not exceed the sum
of three million dollars in the fiscal year beginning July 1, 2000,
three million dollars in the fiscal year beginning July 1, 2001,
three million dollars in the fiscal year beginning July 1, 2002, four
million dollars in the fiscal year beginning July 1, 2003, and six
million dollars in the fiscal year beginning July 1, 2004, and every
fiscal year thereafter. Any increase in program job credits above
the six-million-dollar limitation per fiscal year shall be developed,
based on recommendations in a study conducted by the department of
economic development, pursuant to this section, Code Supplement 2003,
of the needs and performance of approved programs in the fiscal years
beginning July 1, 2000, and July 1, 2001. A community college shall
file a copy of each agreement with the department of economic
development. The department shall maintain an annual record of the
proposed program job credits under each agreement for each fiscal
year. Upon receiving a copy of an agreement, the department shall
allocate any available amount of program job credits to the community
college according to the agreement sufficient for the fiscal year and
for the term of the agreement. When the total available program job
credits are allocated for a fiscal year, the department shall notify
all community colleges that the maximum amount has been allocated and
that further program job credits will not be available for the
remainder of the fiscal year. Once program job credits have been
allocated to a community college, the full allocation shall be
received by the community college throughout the fiscal year and for
the term of the agreement even if the statewide program job credit
maximum amount is subsequently allocated and used.
2. For the fiscal years beginning July 1, 2000, and July 1, 2001,
the department of economic development shall allocate eighty thousand
dollars of the first one million two hundred thousand dollars of
program job credits authorized and available for that fiscal year to
each community college. This allocation shall be used by each
community college to provide funding for approved programs. For the
fiscal year beginning July 1, 2002, and for every fiscal year
thereafter, the department of economic development shall divide
equally among the community colleges thirty percent of the program
job credits available for that fiscal year for allocation to each
community college to be used to provide funding for approved
programs. If any portion of the allocation to a community college
under this subsection has not been committed by April 1 of the fiscal
year for which the allocation is made, the uncommitted portion is
available for use by other community colleges. Once a community
college has committed its allocation for any fiscal year under this
subsection, the community college may receive additional program job
credit allocations from those program job credits authorized and
still available for that fiscal year.
260G.4B MAXIMUM STATEWIDE PROGRAM JOB CREDIT.
1. The total amount of program job credits from all employers
which shall be allocated for all accelerated career education
programs in the state in any one fiscal year shall not exceed the sum
of three million dollars in the fiscal year beginning July 1, 2000,
three million dollars in the fiscal year beginning July 1, 2001,
three million dollars in the fiscal year beginning July 1, 2002, four
million dollars in the fiscal year beginning July 1, 2003, and six
million dollars in the fiscal year beginning July 1, 2004, and every
fiscal year thereafter. Any increase in program job credits above
the six-million-dollar limitation per fiscal year shall be developed,
based on recommendations in a study conducted by the department of
economic development, pursuant to this section, Code Supplement 2003,
of the needs and performance of approved programs in the fiscal years
beginning July 1, 2000, and July 1, 2001. A community college shall
file a copy of each agreement with the department of economic
development. The department shall maintain an annual record of the
proposed program job credits under each agreement for each fiscal
year. Upon receiving a copy of an agreement, the department shall
allocate any available amount of program job credits to the community
college according to the agreement sufficient for the fiscal year and
for the term of the agreement. When the total available program job
credits are allocated for a fiscal year, the department shall notify
all community colleges that the maximum amount has been allocated and
that further program job credits will not be available for the
remainder of the fiscal year. Once program job credits have been
allocated to a community college, the full allocation shall be
received by the community college throughout the fiscal year and for
the term of the agreement even if the statewide program job credit
maximum amount is subsequently allocated and used.
2. For the fiscal years beginning July 1, 2000, and July 1, 2001,
the department of economic development shall allocate eighty thousand
dollars of the first one million two hundred thousand dollars of
program job credits authorized and available for that fiscal year to
each community college. This allocation shall be used by each
community college to provide funding for approved programs. For the
fiscal year beginning July 1, 2002, and for every fiscal year
thereafter, the department of economic development shall divide
equally among the community colleges thirty percent of the program
job credits available for that fiscal year for allocation to each
community college to be used to provide funding for approved
programs. If any portion of the allocation to a community college
under this subsection has not been committed by April 1 of the fiscal
year for which the allocation is made, the uncommitted portion is
available for use by other community colleges. Once a community
college has committed its allocation for any fiscal year under this
subsection, the community college may receive additional program job
credit allocations from those program job credits authorized and
still available for that fiscal year.
