1.1 	A bill for an act
1.2 	relating to workforce development; including county labor force participation rates 
1.3 	as an economic indicator;amending Minnesota Statutes 2018, section 116L.05, 
1.4 	subdivision 5.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2018, section 116L.05, subdivision 5, is amended to read:
1.7 		Subd. 5.Use of workforce development funds. After March 1 of any fiscal year, the 
1.8 	board may use workforce development funds for the purposes outlined in sections 116L.02 
1.9 	and 116L.04, or to provide incumbent worker training services under section 116L.18 if 
1.10 	the following conditions have been met:
1.11 	(1) the board examines relevant economic indicators, including the projected number 
1.12 	of layoffs for the remainder of the fiscal year and the next fiscal year, evidence of declining 
1.13 	and expanding industries, the number of initial applications for and the number of exhaustions 
1.14 	of unemployment benefits, job vacancy data, county labor force participation rates, and any 
1.15 	additional relevant information brought to the board's attention;
1.16 	(2) the board accounts for all allocations made in section 116L.17, subdivision 2;
1.17 	(3) based on the past expenditures and projected revenue, the board estimates future 
1.18 	funding needs for services under section 116L.17 for the remainder of the current fiscal 
1.19 	year and the next fiscal year;
1.20 	(4) the board determines there will be unspent funds after meeting the needs of dislocated 
1.21 	workers in the current fiscal year and there will be sufficient revenue to meet the needs of 
1.22 	dislocated workers in the next fiscal year; and
2.1 	(5) the board reports its findings in clauses (1) to (4) to the chairs of legislative 
2.2 	committees with jurisdiction over the workforce development fund, to the commissioners 
2.3 	of revenue and management and budget, and to the public.