JANUARY 1999Senator Bruno proposes new job-training fund
Senate Majority Leader Bruno proposed a new, more flexible job-training program that would answer employers' requests for skills and technology training, as one of four steps to encourage economic growth across the state.
The proposed Employee Readiness Act of 1999 would provide private-sector retraining to take advantage of new production processes and new technologies so businesses, particularly manufacturers, can stay competitive. It would be funded at $100 million, including an unspecified amount of private investment.
The program would consolidate and streamline the state's existing job-training system, Senator Bruno said. Such steps, along with increased funding for job training, are among The Business Council's top priorities for 1999.
The Senator's proposals also include:
- Creation of new public water systems for economic development. "Water is a critical element for manufacturing and high-tech businesses," Senator Bruno said. The proposed Pipeline For Jobs Program would use $25 million from the state's Clean Water/Clean Air Bond Act to finance $75 million in low-interest loans for water-supply projects related to job retention and new businesses.
- New funding for high-technology research. Goals would include recruiting top technology researchers, developing additional university research facilities, and creating an incentive fund for patent applications and technology transfer. Senator Bruno also called on the State University to use campus land for job-creating partnerships with the private sector.
- Creating new programs in entrepreneurship. A Youth Entrepreneurial Program would help high-school and younger students to create their own business plans. A second proposal would allow individuals to study entrepreneurship at home or at work, using the Internet or other computer technology.
Click here for Senator Bruno's proposal.
January 27, 1999