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Minnesota Statutes Economic Development and Planning (Ch. 116J-116O) § 116L.42. Jobs training grants

Current as of January 01, 2023 | Updated by FindLaw Staff

Subdivision 1.Recovery of program costs. Amounts paid by employers for program costs are repaid by a job training grant equal to the lesser of the following:

(1) the amount of program costs specified in the agreement for the project; or

(2) the amount of program costs paid by the employer for training employees under a project.

Subd. 2. Reports. (a) By February 1, 2024, the commissioner shall report to the governor and the legislature on the program. The report must include at least:

(1) the amount of grants issued under the program;

(2) the number of individuals receiving training under the program, including the number of new hires who are individuals with disabilities;

(3) the number of new hires attributable to the program, including the number of new hires who are individuals with disabilities;

(4) an analysis of the effectiveness of the grant in encouraging employment or investments in automation technology; and

(5) any other information the commissioner determines appropriate.

(b) The report to the legislature must be distributed as provided in section 3.195.

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Cite this article: FindLaw.com - Minnesota Statutes Economic Development and Planning (Ch. 116J-116O) § 116L.42. Jobs training grants - last updated January 01, 2023 | https://codes.findlaw.com/mn/economic-development-and-planning-ch-116j-116o/mn-st-sect-116l-42/

Read this complete Minnesota Statutes Economic Development and Planning (Ch. 116J-116O) § 116L.42. Jobs training grants on Westlaw

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