2023 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Byron
SCHEV - New Economy Workforce Credential Grant

Item 142 #4h

Item 142 #4h

First Year - FY2023 Second Year - FY2024
Education: Higher Education
State Council of Higher Education for Virginia FY2023 $0 FY2024 $4,800,000 GF

Page 207, line 43, strike "$160,378,512" and insert "$165,178,512".


(This amendment requests funding for the New Economy Workforce Credential Grant program. Current funding in the program of $13.5 million per year produces approximately 7,000 skilled workers each year, and demand for fiscal year 2023 is already estimated to exceed available funding. In addition, the state's maximum reimbursement of $3,000 falls short of actual costs for programs like Commercial Driver's License and Pharmacy Technology. Increasing the funding level by $4,800,000 from $13,500,000 to $18,300,000 per year will ensure that there is sufficient funding for workers seeking reskilling or upskilling for high demand healthcare, transportation, infrastructure, and manufacturing jobs.)