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154.12-207 Grants-in-aid.
(1)
(2)
(3)
The corporation may, subject to appropriation from the General Assembly or from
funds made available to the corporation from any other public or private source,
provide grants-in-aid to educational institutions, and business and industry, not in
excess of two hundred thousand dollars ($200,000) per grant-in-aid. Such grants-inaid shall be used exclusively for programs which are consistent with the provisions
of this chapter.
To qualify for a grant-in-aid in which an educational institution will provide
training, an educational institution and a business or industry shall submit a joint
application to the corporation that contains a proposal for a program of skills
training and education; a description of the program; the type of skills training or
education to be provided; a statement of the total cost of the program and
breakdown of the costs associated with equipment, personnel, facilities, and
materials; and with respect to educational institutions only, a statement of the
technical assistance and financial support for the program received or pledged from
business and industry. To qualify for a grant-in-aid in which a provider other than
an educational institution will provide training, the business or industry may
independently submit a proposal to the corporation containing the same information
as set forth in this subsection.
Approval of the grant-in-aid application by the board shall be based upon the
following criteria:
(a) The program must be within the scope of KRS 154.12-204 to 154.12-208;
(b) Participants in the program must be limited to a Kentucky resident, as the term
is defined in KRS 141.010;
(c) The program must involve an area of skills training and education which is
needed by business and industry and for which a shortage of qualified
individuals exists within the Commonwealth;
(d) The grant-in-aid must be essential to the success of the program as the
resources of the educational institution are inadequate to attract the technical
assistance and financial support necessary from business and industry;
(e) The educational institution must have obtained a firm commitment from
business and industry for the information, technical assistance, and financial
support which, together with the grant-in-aid, the resources of the applicant,
and support from any other source, is sufficient to ensure the success of the
program. In addition, the commitment of financial support from business and
industry shall be equal to or greater than the amount of the requested grant-inaid;
(f) The educational institution must have established adequate auditing
procedures and reporting methods for the submission of information and data
as required by the corporation; and
(g) Ninety percent (90%) of the participants receive a base hourly wage which is
one hundred fifty percent (150%) of the federal minimum wage plus employee
benefits equal to at least fifteen percent (15%) of the applicable base hourly
wage, if the business and industry is located in a county of Kentucky which
has had an average countywide rate of unemployment of fifteen percent (15%)
or greater in the most recent twelve (12) consecutive months for which
unemployment figures are available, on the basis of the final unemployment
figures calculated by the Office of Employment and Training within the
Department of Workforce Investment within the Education and Workforce
Development Cabinet.
Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 11, sec. 33, effective June 25, 2009. -- Amended
2006 Ky. Acts ch. 211, sec. 65, effective July 12, 2006. -- Amended 2002 Ky. Acts
ch. 65, sec. 2, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 300, sec. 6,
effective July 14, 2000; and ch. 466, sec. 1, effective April 21, 2000. -- Amended
1996 Ky. Acts ch. 194, sec. 20, effective July 15, 1996. -- Repealed and reenacted
1990 Ky. Acts ch. 476, Pt. V, sec. 393, effective July 13, 1990. -- 1988 Ky. Acts ch.
437, Part XI, sec. 1, effective April 15, 1988. -- Created 1984 Ky. Acts ch. 211, sec.
4, effective July 13, 1984.
Formerly codified as KRS 157.740
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