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Title: MW: Skills and Retraining Assistance Program Bill Post by: Senator Cris on January 02, 2015, 05:24:08 AM Quote Skills and Retraining Assistance Program Bill Section 1 Adult Education Loan or Grant 1. When a company is closed down or lays off workers, those workers are eligible to apply for a Adult Education Loan or Grant 2. The amount for an Adult Education Loan (AEL) shall be up to $20,000, an Adult Education Grant (AEG) shall be up to $10,000. 3. Either a AEL or AEG may be used only for assisting in paying for re-training programs or furthering education at a Technical School, College, or University. 4. Those eligible may only receive an AEL or AEG once per employer induced unemployment. 5. The Program shall be administered by the Bank of the Midwest. Section 2 Funding 1. A fund of 5 Billion dollars shall be set aside each budget cycle. 2. When unemployment falls below 5%, the amount allotted shall be reduced to 2.5 Billion. Section 3 Implementation 1. This bill shall become law, after passage and approval from the Governor, after the funds have been allocated in the Budget of the Midwest. Sponsor: GAworth Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 02, 2015, 09:14:58 PM I feel the legislation is fairly self-explanatory. The unemployment rate of the Midwest was at 9% when this was written, now it is under 6%, which is great. However, many employees may see a pink slip following the end of the holidays. This bill will help the chronically and recently unemployed be able to adapt to the changing jobs market.
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 03, 2015, 02:43:46 PM Any idea what the interest rates would be on these loans or would that be up t the Bank of the Midwest?
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 03, 2015, 08:56:53 PM The Bank Chair would set that, we can write it in.
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 04, 2015, 08:08:12 PM The Bank Chair would set that, we can write it in. Would you like to write the amendment? Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 05, 2015, 03:33:58 PM Quote Skills and Retraining Assistance Program Bill Section 1 Adult Education Loan or Grant 1. When a company is closed down or lays off workers, those workers are eligible to apply for a Adult Education Loan or Grant 2. The amount for an Adult Education Loan (AEL) shall be up to $20,000, an Adult Education Grant (AEG) shall be up to $10,000. 3. Either a AEL or AEG may be used only for assisting in paying for re-training programs or furthering education at a Technical School, College, or University. 4. Those eligible may only receive an AEL or AEG once per employer induced unemployment. 5. The Program shall be administered by the Bank of the Midwest. 6. The AEL shall be interest free. Section 2 Funding 1. A fund of 5 Billion dollars shall be set aside each budget cycle. 2. When unemployment falls below 5%, the amount allotted shall be reduced to 2.5 Billion. Section 3 Implementation 1. This bill shall become law, after passage and approval from the Governor, after the funds have been allocated in the Budget of the Midwest. Sponsor: GAworth This sound good? Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 06, 2015, 04:21:37 PM I open a 48-hours vote on my amendment. Please vote Aye, Nay or Abstain.
Quote Skills and Retraining Assistance Program Bill Section 1 Adult Education Loan or Grant 1. When a company is closed down or lays off workers, those workers are eligible to apply for a Adult Education Loan or Grant 2. The amount for an Adult Education Loan (AEL) shall be up to $20,000, an Adult Education Grant (AEG) shall be up to $10,000. 3. Either a AEL or AEG may be used only for assisting in paying for re-training programs or furthering education at a Technical School, College, or University. 4. Those eligible may only receive an AEL or AEG once per employer induced unemployment. 5. The Program shall be administered by the Bank of the Midwest. 6. The AEL shall be interest free. Section 2 Funding 1. A fund of 5 Billion dollars shall be set aside each budget cycle. 2. When unemployment falls below 5%, the amount allotted shall be reduced to 2.5 Billion. Section 3 Implementation 1. This bill shall become law, after passage and approval from the Governor, after the funds have been allocated in the Budget of the Midwest. Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 06, 2015, 04:22:26 PM Aye
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 06, 2015, 05:33:20 PM Aye
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 09, 2015, 01:53:40 PM The amendment has passed, with 2 Ayes.
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 09, 2015, 01:55:11 PM Anyone have any other amendments or are we ready for the final vote?
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 09, 2015, 09:31:54 PM I'm ready for a final vote.
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 10, 2015, 07:39:13 PM I'm ready for a final vote. As am I, Joe Mad? Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Representative Joe Mad on January 10, 2015, 08:57:57 PM I am ready as well.
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 11, 2015, 03:36:51 PM I open a 72-hours final vote. Please vote Aye, Nay or Abstain.
Quote Skills and Retraining Assistance Program Bill Section 1 Adult Education Loan or Grant 1. When a company is closed down or lays off workers, those workers are eligible to apply for a Adult Education Loan or Grant 2. The amount for an Adult Education Loan (AEL) shall be up to $20,000, an Adult Education Grant (AEG) shall be up to $10,000. 3. Either a AEL or AEG may be used only for assisting in paying for re-training programs or furthering education at a Technical School, College, or University. 4. Those eligible may only receive an AEL or AEG once per employer induced unemployment. 5. The Program shall be administered by the Bank of the Midwest. 6. The AEL shall be interest free. Section 2 Funding 1. A fund of 5 Billion dollars shall be set aside each budget cycle. 2. When unemployment falls below 5%, the amount allotted shall be reduced to 2.5 Billion. Section 3 Implementation 1. This bill shall become law, after passage and approval from the Governor, after the funds have been allocated in the Budget of the Midwest. Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 11, 2015, 03:40:20 PM Aye
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Representative Joe Mad on January 11, 2015, 03:53:36 PM Aye
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: GAworth on January 11, 2015, 05:03:51 PM Aye
Title: Re: MW: Skills and Retraining Assistance Program Bill Post by: Gass3268 on January 14, 2015, 01:35:28 AM The act has passed, with 3 Ayes!
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