The bill amends and reenacts specific sections of the M.J. Foster Promise Program, particularly R.S. 17:3047.1(C) and 3047.4(C)(2), while also enacting R.S. 17:3047.6(D). Notably, the Louisiana Workforce Commission is now required to convene the advisory council annually for program updates, and the council will continue to review workforce priorities and designate qualified programs at least once every three years. Additionally, the state appropriations for the program have been increased from a cap of ten million five hundred thousand dollars to forty million dollars per year for students enrolled in public postsecondary education institutions or proprietary schools.

Furthermore, the new section R.S. 17:3047.6(D) mandates that the Louisiana Office of Student Financial Assistance will define the period during which a student must attend an educational program to qualify under the provisions of the M.J. Foster Promise Program. This legislative change aims to enhance the program's effectiveness and ensure better alignment with workforce needs and educational opportunities in Louisiana. The bill will take effect upon the governor's signature or after the designated period for bills to become law without signature.

Statutes affected:
SB272 Original: 17:1(C), 17:4(C)(2)
SB272 Engrossed: 17:1(C), 17:4(C)(2)
SB272 Enrolled: 17:1(C), 17:4(C)(2)
SB272 Act 102: 17:1(C), 17:4(C)(2)