§ 260H.2 — Pathways for academic career and employment program — fund

Iowa § 260H.2

• Jurisdiction: Iowa
• Title VII: EDUCATION, HISTORY, AND CULTURE
• Ch. 260H: PATHWAYS FOR ACADEMIC CAREER AND EMPLOYMENT ACT

Text

1. A pathways for academic career and employment program is established to provide
funding to community colleges for the development of projects in coordination with the
economic development authority, the department of education, the department of workforce
development, local workforce development boards established pursuant to section 84A.4,
and community partners to implement a simplified, streamlined, and comprehensive
process, along with customized support services, to enable eligible participants to acquire
effective academic and employment training to secure gainful, quality, in-state employment.
2. a. A pathways for academic career and employment fund is created for the community
colleges in the state treasury to be administered by the department of education and the
department of workforce development. The moneys in the pathways for academic career
and employment fund are appropriated to the department of education for the pathways for
academic career and employment program.
b. The aggregate total of grants awarded from the pathways for academic career and
employment fund during a fiscal year shall not be more than five million dollars.
c. Moneys in the fund shall be allocated pursuant to the formula established in section
260C.18C. Notwithstanding section 8.33, moneys in the fund at the close of the fiscal year
shall not revert to the general fund of the state but shall remain available for expenditure
for the purpose designated for subsequent fiscal years. Notwithstanding section 12C.7,
subsection 2, interest or earnings on moneys in the fund shall be credited to the fund.