The bill would create a workforce training program run by a new division in the Department of Commerce. Eligible participants must be U.S. citizens with a high school diploma or equivalent and no bachelor's degree. Employers and trainees would sign a contract describing paid, full-time work and job-related training. The program would provide employers with training subsidies and a bonus for hiring trainees who complete a project. The program would end after the 10-year report is submitted or 11 years after enactment, whichever comes first.
If you meet the eligibility rules, you could apply to an employer for a training project. Your contract would describe the work, training, expected pay, possible credentials, and any costs you may face. Employers must pay at least the higher of the federal or applicable state or local minimum wage. The job you are trained for must meet the bill's wage threshold based on local median household income. Participation is not automatic; an employer and trainee must submit a contract for approval.
The bill does not specify total program costs or an overall funding amount. It makes the program subject to available appropriations. An employer could receive up to $1,500 per month and $9,000 total per trainee for training costs. An employer may also receive a $1,000 hiring bonus if it hires a trainee who completes a project and keeps the trainee employed for at least six months. Contracts must disclose any costs trainees may be charged.
No publicly available information.
No publicly available information.