| (a) Purpose. The purpose of the Skills Development
Fund is to develop customized training projects for businesses and
trade unions and to support employers expanding or relocating to Texas
by enhancing the ability of public community and technical colleges,
Local Workforce Development Boards (Boards), and the Texas A&M
Engineering Extension Service (TEEX) to respond to industry and workforce
training needs and to develop incentives for Boards, public community
and technical colleges, TEEX, or community-based organizations to
provide customized assessment and training in a timely and efficient
manner.
(b) Goal. The goal of the Skills Development Fund is
to increase the skills level and wages of the Texas workforce.
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| Source Note: The provisions of this §803.1 adopted to be effective January 29, 2003, 28 TexReg 751; amended to be effective January 9, 2006, 31 TexReg 174; amended to be effective January 25, 2021, 46 TexReg 580 |
