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2022 Session

Budget Amendments - HB30 (Committee Approved)

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Establish a Talent Pathways Program

Item 115 #3h

Item 115 #3h

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 $9,000,000 FY2024 $0 GF

Language
Page 97, line 53, strike "$138,480,442" and insert "$147,480,442".

Page 100, line 44, after "Item," strike “$30,000,000” and “$39,000,000”.

Page 101, line 2, strike “basis.” and insert:

“basis; and (iv) $9,000,000 the first year  shall be allocated to qualifying talent pathways initiatives pursuant to paragraph N.5. of this item.”

Page 101, after line 16 insert:

“5. The Virginia Growth and Opportunity Board may approve grants for the implementation of talent pathways within or among the regions that reflect business-education collaboration, align educational and training curricula with existing or projected workforce needs, include work-based learning where practicable, and lead to full-time employment with a Virginia-based employer. Such grant requests shall demonstrate collaboration among stakeholders that may include primary and secondary education, higher education, businesses, non-profits, and local governments. The grants approved by the Board must align to regional planning grants and workforce skills analyses funded by Item 112, paragraph S. of House Bill 29 of the 2022 General Assembly. The Board shall develop, in consultation with the Virginia Economic Development Partnership Authority, the Virginia Department of Education, the State Council for Higher Education in Virginia, and the Virginia Community College System, guidelines for the award of these implementation grants.”

Page 101, line 17, strike “5.” and insert “6.”

Page 101, line 26, strike "and" and insert:

“, and amounts allocated to qualifying talent pathways initiatives”.



Explanation

(This amendment establishes and funds a new “talent pathways” development initiative to foster collaboration by business and education on expanding job opportunities, meeting workforce needs, and developing and retaining talent in the Commonwealth. A companion amendment to House Bill 29 of the 2022 General Assembly provides $2.5 million to the Virginia Office of Education Economics to work with and provide planning grants to GO Virginia Regional Councils to develop workforce skills gap analyses in regional industry clusters that could benefit from a talent pathway approach. A companion amendment to House Bill 29 helps fund this new initiative from available resources in the Virginia Growth and Opportunity Fund.)