as introduced - 87th Legislature (2011 - 2012) Posted on 02/24/2011 10:20am
Engrossments | ||
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Introduction | Posted on 02/24/2011 |
A bill for an act
relating to economic development; modifying requirements of certain grant
programs; appropriating money for Twin Cities RISE!; amending Minnesota
Statutes 2010, section 116J.8747, subdivision 3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2010, section 116J.8747, subdivision 3, is amended to
read:
For purposes of a
placement grant under this section, a qualified graduate is a graduate of a job training
program qualifying under subdivision 2 who is placed in a job in Minnesota that pays at
least $9 per hour or its equivalent deleted text begin plus health care benefitsdeleted text end . To qualify for a retention
grant under this section for a retention fee, a job in which the graduate is retained must
pay at least $10 per hour or its equivalent deleted text begin plus health care benefitsdeleted text end at the end of the first
year of employment.
new text begin
$500,000 in fiscal year 2012 and $500,000 in fiscal year 2013 are appropriated
from the general fund to the commissioner of employment and economic development
for a grant under Minnesota Statutes, section 116J.8747, to Twin Cities RISE! to provide
training to hard-to-train individuals. Funds unexpended in the first year are available for
expenditure in the second year.
new text end