Tennessee § 49-11-903 Qualified work-based learning grant program - Fund - Program operator

Tennessee Statutes

§ 49-11-903 — Qualified work-based learning grant program - Fund - Program operator

Tennessee § 49-11-903

Title49

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Bluebook

Tenn. Code Ann. § 49-11-903 (2026).

Text

(a)THEC shall establish and administer a qualified work-based learning grant program to incentivize employer participation in work-based learning and to assist employers with costs associated with work-based learning.

(b)There is created a separate fund within the general fund to be known as the qualified work-based learning grant fund.

(c)The grant fund is composed of:

(1)Funds specifically appropriated by the general assembly for the grant fund; and (2) Gifts, grants, and other donations received for the grant fund.

(d)Moneys in the grant fund must be invested by the state treasurer for the benefit of the grant fund in accordance with § 9-4-603 . Interest accruing on investments and deposits of the grant fund must be returned to the grant fund and remain part of the grant fund.

(e)

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(a) THEC shall establish and administer a qualified work-based learning grant program to incentivize employer participation in work-based learning and to assist employers with costs associated with work-based learning. (b) There is created a separate fund within the general fund to be known as the qualified work-based learning grant fund. (c) The grant fund is composed of: (1) Funds specifically appropriated by the general assembly for the grant fund; and (2) Gifts, grants, and other donations received for the grant fund. (d) Moneys in the grant fund must be invested by the state treasurer for the benefit of the grant fund in accordance with § 9-4-603 . Interest accruing on investments and deposits of the grant fund must be returned to the grant fund and remain part of the grant fund. (e) [Deleted by 2021 amendment.] (f) [Deleted by 2021 amendment.] (g) THEC shall select a program operator to administer the program established by this part and shall issue a grant from funds available in the qualified work-based learning grant fund to the program operator selected by THEC.

Legislative History

Amended by 2021 Tenn. Acts, ch. 456, s 2, eff. 7/1/2021. Amended by 2019 Tenn. Acts, ch. 468, s 8, eff. 7/1/2019. Added by 2018 Tenn. Acts, ch. 991, s 2, eff. 5/21/2018.