The proposed legislation establishes the Workforce Instructor Capacity Investment Program in Louisiana, aimed at enhancing the instructional capacity in high-wage, high-demand workforce sectors such as construction, healthcare, and information technology. The program will be administered by the Boards of Supervisors of Community and Technical Colleges, Louisiana State University, and Southern University. It includes provisions for the development of rules regarding eligibility, cost-sharing, and allocation methodologies, and mandates oversight by relevant legislative committees. The program is designed to address the shortage of qualified instructors and support rapid-response capabilities for economic development projects.

Additionally, the bill creates the Workforce Instructor Capacity Investment Fund within the state treasury, which will receive appropriations and other designated funds. The fund's resources will be used to support various initiatives, including instructor recruitment and compensation, while explicitly prohibiting the use of these funds to replace existing state general fund appropriations for public postsecondary education. The boards are required to submit an annual report detailing the program's financial allocations and outcomes, ensuring transparency and accountability in its implementation.