This text of Iowa § 260C.18A (Workforce training and economic development funds) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
1.
a.Aworkforcetrainingandeconomicdevelopmentfundiscreatedforeachcommunity
college. Moneys shall be deposited and expended from a fund as provided under this section.
b.Moneys in the funds shall consist of any moneys appropriated by the general assembly
and any other moneys available to and obtained or accepted by the department from federal
sources or private sources for placement in the funds. Notwithstanding section 8.33, moneys
in the funds at the end of each fiscal year shall not revert to any other fund but shall remain
in the funds for expenditure in subsequent fiscal years.
2.Moneys deposited in the funds and disbursed to community colleges for a fiscal year
shall be expended for the following purposes, provided seventy percent of the moneys shall
be used on projects in the area
Free access — add to your briefcase to read the full text and ask questions with AI
1. a. Aworkforcetrainingandeconomicdevelopmentfundiscreatedforeachcommunity
college. Moneys shall be deposited and expended from a fund as provided under this section.
b. Moneys in the funds shall consist of any moneys appropriated by the general assembly
and any other moneys available to and obtained or accepted by the department from federal
sources or private sources for placement in the funds. Notwithstanding section 8.33, moneys
in the funds at the end of each fiscal year shall not revert to any other fund but shall remain
in the funds for expenditure in subsequent fiscal years.
2. Moneys deposited in the funds and disbursed to community colleges for a fiscal year
shall be expended for the following purposes, provided seventy percent of the moneys shall
be used on projects in the areas of advanced manufacturing, information technology and
insurance, alternative and renewable energy including the alternative and renewable energy
sectors listed in section 476.42, subsection 1, paragraph “a”, subparagraph (1), and life
15 COMMUNITY COLLEGES, §260C.18B
sciences which include the areas of biotechnology, health care technology, and nursing care
technology:
a. Projects in which an agreement between a community college and an employer located
within the community college’s merged area meet all of the requirements of the accelerated
career education program under chapter 260G.
b. Projects in which an agreement between a community college and a business meet all
the requirements of the Iowa jobs training Act under chapter 260F.
c. For the development and implementation of career academies designed to provide
new career preparation opportunities for high school students that are formally linked
with postsecondary career and technical education programs. For purposes of this section,
“career academy” means the same as defined in section 256.125.
d. Programs and courses that provide career and technical training, and programs for
in-service training and retraining under section 260C.1, subsections 2 and 3.
e. Development and implementation of pathways for academic career and employment
programs under chapter 260H.
f. Development and implementation of programs for the gap tuition assistance program
under chapter 260I.
g. Entrepreneurial education, small business assistance, and business incubators.
h. Development and implementation of the national career readiness certificate and the
skills certification system endorsed by the national association of manufacturers.
3. The department shall allocate the moneys appropriated pursuant to this section to the
community college workforce training and economic development funds utilizing the same
distribution formula used for the allocation of state general aid to the community colleges.
4. Each community college shall do all of the following:
a. Adopt a two-year workforce training and economic development fund plan outlining
the community college’s proposed use of moneys appropriated under subsection 2.
b. Update the two-year plan annually.
c. Prepare an annual progress report on the two-year plan’s implementation.
d. Annually submit the two-year plan and progress report to the department in a manner
prescribed by rules adopted by the department pursuant to chapter 17A.