260C.18A - WORKFORCE TRAINING AND ECONOMIC DEVELOPMENT FUNDS.
260C.18A WORKFORCE TRAINING AND ECONOMIC DEVELOPMENT
FUNDS.
1. a. A workforce training and economic development fund is
created for each community 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 of economic development
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", and life 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. However, projects funded by moneys provided
by a local workforce training and economic development fund of a
community college are not subject to the maximum advance or award
limitations contained in section 260F.6, subsection 2, or the
allocation limitations contained in section 260F.8, subsection 1.
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 a program of study that combines a minimum
of two years of secondary education with an associate degree, or the
equivalent, career preparatory program in a nonduplicative,
sequential course of study that is standards based, integrates
academic and technical instruction, utilizes work-based and worksite
learning where appropriate and available, utilizes an individual
career planning process with parent involvement, and leads to an
associate degree or postsecondary diploma or certificate in a career
field that prepares an individual for entry and advancement in a
high-skill and reward career field and further education. The
department of economic development, in conjunction with the state
board of education and the division of community colleges and
workforce preparation of the department of education, shall adopt
administrative rules for the development and implementation of such
career academies pursuant to section 256.11, subsection 5, paragraph
"h", section 260C.1, and Title II of Pub. L. No. 105-332, Carl D.
Perkins Vocational and Technical Education Act of 1998.
d. Programs and courses that provide vocational and technical
training, and programs for in-service training and retraining under
section 260C.1, subsections 2 and 3.
e. Job retention projects under section 260F.9.
f. Training and retraining programs for targeted industries
as authorized in section 15.343, subsection 2, paragraph "a".
3. The department of economic development 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 of economic development in a manner prescribed by
rules adopted by the department pursuant to chapter 17A. Section History: Recent Form
2003 Acts, 1st Ex, ch 2, §76, 209; 2004 Acts, ch 1175, §330, 331,
345, 370, 400; 2004 Acts, 1st Ex, ch 1002, §8--13; 2005 Acts, ch 150,
§35--37; 2006 Acts, ch 1142, §20
Referred to in § 15G.111, 260G.3, 261E.10, 469.10 Footnotes
2004 amendments to this section made by 2004 Acts, 1st Ex, ch
1002, that struck Code and Session Law references to the grow Iowa
values program in §15G.108 (stricken pursuant to Rants v.
Vilsack, 684 N.W.2d 193) and that made other changes related to the
strike of those provisions, take effect September 7, 2004, and apply
retroactively to June 30, 2004; 2004 Acts, 1st Ex, ch 1002, §13