This bill amends section 81-407 of the Reissue Revised Statutes of Nebraska to establish and regulate the Workforce Development Program Cash Fund. The fund will consist of transfers authorized by the Legislature and will be administered by the Department of Labor, which is tasked with providing workforce development grants. The bill specifies that grants will be awarded evenly across Nebraska's three congressional districts and outlines the purposes for which these grants can be used, including developing job skills and job placement. To qualify for a grant, applicants must demonstrate matching funds from private sources, and grant recipients are required to report on job placement and self-sufficiency outcomes.

Additionally, the bill expresses the Legislature's intent to transfer $1.5 million from the General Fund to the Workforce Development Program Cash Fund for the fiscal year 2025-26 to support these initiatives. The original section 81-407 is repealed as part of this legislative update.

Statutes affected:
Introduced: 81-407