JACKSON, Miss- Senate Bill 2808, or the Mississippi Works Fund has been signed into law by Gov. Phil Bryant.
The bill establishes a state fund for workforce training programs and job creation. The program was state-approved and will be operated mostly out of community colleges.
Gov. Bryant said that his primary goal in office was to make sure that any Mississippian who wants a job, could have one. This program would give them the skills that they need to compete in a competitive workforce.
Here is a breakdown of the bill:
- 75% of funds will go to new job creation
- 25% of funds will go to the existing workforce and workforce certification.
- Training will be provided mostly through Mississippi’s community college system.
- MDA can control where funds are going to aid in recruitment and expansion.
This change could potentially save business owners up to $195 million over the next 12 years.
To read the full bill: http://index.ls.state.ms.us/isysnative/UzpcRG9jdW1lbnRzXDIwMTZcbm90ZGVhZFxzYlwyODAwLTI4OTlcc2IyODA4c2cucGRm/sb2808sg.pdf#xml=http://10.240.72.35/isysquery/irlce85/5/hilite
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