The proposed bill aims to establish the "West Virginia Job Training and Placement Act," which introduces a framework for certifying certain retailers as "qualifying organizations" that can retain a portion of sales tax revenue to fund job training and placement services. The bill outlines the criteria for certification, which includes being a retailer with significant experience in assisting individuals with disabilities or other barriers to employment. Qualifying organizations can retain 75% of the Consumer Sales and Service Tax revenue collected after the first $1 million, provided they use these funds for job training and placement services, including developing individualized training plans and monitoring job retention.

Additionally, the bill includes provisions for the revocation and renewal of certification, requiring organizations to demonstrate compliance with the established criteria and successful job placements. The Department of Revenue is tasked with overseeing the certification process and may propose rules for legislative approval to implement the act. The legislation emphasizes the importance of using retained tax revenue to enhance workforce participation and support individuals facing employment barriers.

Statutes affected:
Introduced Version: 11-13NN-1, 11-13NN-2, 11-13NN-3, 11-13NN-4
Committee Substitute: 11-13NN-1, 11-13NN-2, 11-13NN-3, 11-13NN-4