Supplement: MO SB1072 | 2022 | Regular Session | Summary: Introduced
Bill Title: Modifies the Missouri one start program
Status: 2022-03-22 - Hearing Conducted S Economic Development Committee [SB1072 Detail]
Download: Missouri-2022-SB1072-Summary_Introduced.html
The definition of "committee", "existing Missouri business", and "training program" are removed. Definitions for "application", "recruitment services", and "relocation costs" are added. The definition of "project facility" is modified by removing county average wage requirements in cases where multiple facilities make up the project facility. The definition of "training project costs" is modified to include relocation costs and costs of training project services not otherwise included in the definition. (Section 620.800)
This act also repeals the Missouri One Start Job Training Joint Legislative Oversight Committee, which was tasked with providing a report on all assistance to qualified companies under the Missouri One Start Program.
The act also authorizes the Department of Economic Development to contract with other entities to provide recruitment services to qualified companies. (Section 620.803)
This act provides that recruitment services for qualified companies shall be administered by the Department, while financial assistance for training projects shall be administered by a local education agency certified by the Department for that purpose. This act also repeals a provision prohibiting a qualified company from receiving more than fifty percent of its training program costs from the Missouri One Start Job Development Fund. (Section 620.806)
Under current law, new job credits are deposited in the Missouri One Start Community College New Jobs Training Fund, and retained job credits are deposited in the Missouri One Start Community College Job Retention Training Fund. Beginning July 1, 2023, all unobligated moneys in such funds shall be transferred to the Missouri One Start Community College Training Fund, which is created by the act, and to which all new jobs credits and retained jobs credits shall be deposited. (Section 620.809)
This act is identical to provisions in SS/HB 2400 (2022) and SCS/SB 1013 (2022), and is substantially similar to HCS/HB 2418 (2022).
JOSH NORBERG