IN SB0291 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2022 - 25% progression, died in committee
Action: 2022-01-10 - Senator Kruse added as second author
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Workforce retention and recruitment fund. Authorizes a local unit (county, municipality, town, township, or school corporation) to establish a workforce retention and recruitment program (program) and fund (fund) for the purposes of recruiting and retaining individuals who will satisfy the current and future workforce needs of the unit's employers or provide substantial economic impact to the unit, including providing incentives in the form of grants or loans to qualified workers. Defines "qualified worker" for purposes of the program. Requires a qualified worker who receives a grant or loan from the fund to enter into an incentive agreement. Authorizes the unit to transfer money into the fund from other sources. Provides that the executive of the unit shall administer the fund in coordination with a workforce fund board of managers (workforce fund managers) appointed by the executive of the unit. Requires the workforce fund managers to annually submit a report setting out their activities during the preceding calendar year to the executive of the unit, the fiscal body of the unit, and the department of local government finance. Makes conforming changes.

Tracking Information

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Title

Workforce retention and recruitment fund.

Sponsors


History

DateChamberAction
2022-01-10SenateSenator Kruse added as second author
2022-01-10SenateFirst reading: referred to Committee on Appropriations
2022-01-10SenateAuthored by Senator Raatz

Indiana State Sources


Bill Comments

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