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2022 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Governor Youngkin
Increase Funding for GO Virginia and Establish a Talent Pathways Program

Item 115 #11g

Item 115 #11g

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 $29,450,000 FY2024 $54,450,000 GF

Language
Page 97, line 53, strike "$138,480,442" and insert "$167,930,442".
Page 97, line 53, strike "$129,460,442" and insert "$183,910,442".

Page 98, line 2, strike “$35,608,251” and "$35,588,251" and insert:

“$65,058,251” and "$90,038,251".

Page 100, line 44, strike “$30,000,000” and “$30,000,000” and insert:

“$59,450,000” and “$84,450,000”.

Page 101, line 1, strike “$10,850,000” and "$10,850,000" and insert:

"$15,300,000" and “$15,300,000”.

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

“basis; and (iv) $25,000,000 the first year and $50,000,000 the second 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 development and 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. To facilitate development of pathways that support sustained economic growth and talent retention in the Commonwealth, particular emphasis shall be placed on examination of industry clusters prioritized by each region, completion of a gap analysis related to the jobs needed to help such clusters grow, and identification of the skills and training needed for people to fill such jobs, including those provided through high school career and technical education, credentials, certifications, apprenticeships, internships, and other degree and non-degree programs. To facilitate development of pathways that remedy current workforce shortages and unemployment or under-employment in the Commonwealth, particular emphasis shall be placed on programs which provide support for transition of veterans into full-time employment and that make education and training aligned with identified workforce needs and job opportunities readily accessible for adults. The Board shall develop, in consultation with the Virginia Economic Development Partnership, the Virginia Department of Education, the State Council for Higher Education in Virginia, and the Virginia Community College System, guidelines for the award of such grants which shall include provisions to facilitate repeatable and shareable curricula across educational institutions, active business engagement in development of such curricula, the ability to scale up existing successful programs and to enhance supply chain activities, the recruitment of and access for under-represented populations in talent pathways initiatives, and the retention for full-time employment in the Commonwealth of college graduates, returning veterans, and other identified sources of talent. The Department shall support efforts to share best practices and provide other such direction to the regions to assist with prioritizing initiatives and ensuring alignment with the state's economic development goals.”

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

Page 101, line 26, after “population,” strike the remainder of the line and insert:

“amounts to be awarded on a competitive basis, and amounts allocated to qualifying talent pathways initiatives.”



Explanation

(This amendment restores funding for GO Virginia’s existing grant programs to the fiscal year 2021 base level, and 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.)