2022 Session

Budget Amendments - SB30 (Member Request)

Chief Patron: Mason
Advanced Manufacturing Talent and Investment Program and Fund

Item 487.5 #1s

Item 487.5 #1s

First Year - FY2023 Second Year - FY2024
Central Appropriations
Central Appropriations FY2023 $7,500,000 FY2024 $7,500,000 GF

Page 512, after line 53, insert:

"487.5 Educational and General Programs$7,500,000$7,500,000
Fund Sources:  General $7,500,000 $7,500,000 "

A. Out of this appropriation, $7,500,000 the first year and $7,500,000 the second year from the general fund is designated for the Advanced Manufacturing Talent Investment Program and Fund. These funds shall be allocated in accordance with the provisions related to legislation considered in the 2022 Session and shall be used to support the efforts of qualified institutions to increase, by fiscal year 2043, the number of new eligible credentials by at least 25,000 more than were awarded in 2022. New eligible credential shall mean a noncredit workforce development credential awarded by a qualified institution in a high demand advanced manufacturing field as identified by the Board of Workforce Development. Funds may be used to support admissions and advising programs designed to convey labor market information to students to guide decisions to enroll in eligible credential programs and academic programs and to fund facility construction, renovation and enhancement, and equipment purchases related to the initiative to increase the number of eligible credentials awarded.


(This amendment provides $7.5 million GF in each year of the biennium to fund the Advanced Manufacturing Talent Investment Fund, as outlined in House Bill 565.)