Propose a General Fund Bond Issue To Train Workers in High-demand Sectors and Support the State's 10-year Economic Plan

Last updated: Apr 25, 2022

Details about this bill
Category: General Business
Status: Defeated
Sponsor: Representative Sawin Millett, House 71
Session: 130
Bill #: LD 481

Position:

Monitoring.

Summary:

The funds provided by this bond issue, in the amount of $80,000,000, will be used to provide funding to train workers in high-demand sectors and support the State's goal of increasing average annual wages in the State by 10%. The funding would be provided in $20,000,000 increments over 4 years in accordance with programmatic and return-on investment goals that must be met by the Maine Community College System.