New Hampshire § 188-E-30 - Section 188-E:30 Workforce Development and Innovation Fund Established.

§ 188-E-30. Section 188-E:30 Workforce Development and Innovation Fund Established.

I. There is established a nonlapsing fund in the department of education to be known as the career and technical education workforce development and innovation fund. II. The fund may include the commissioner of education's project fund reserve under the New Hampshire state plan, and shall include state appropriations designated for the purposes of the fund, federal and other grants designated for the purposes of the fund, including proceeds designated for workforce development by the federal government from Gulf of Maine offshore wind lease auctions, as allocated to the state of New Hampshire, contributions from businesses and industries, designated for the purposes of the fund, and any other sources. III. The commissioner shall consult with the Business and Industry Association, the labor department, CTE directors, the community college system of New Hampshire, CTE sector partners, and others, on workforce needs that can be met through innovative programming and program expansion at the career and technical education centers, and through partnerships with business and industry, the community college system of New Hampshire, union training and apprenticeship programs, and other entities offering workforce training partnerships. Program expansion may include emerging industries, such as the offshore wind industry and other renewable energy industries. IV. The commissioner shall report annually by November 1 to the speaker of the house of representatives, the president of the senate, and the chairs of the house and senate education committees, and the chair of the career and technical education advisory council on the fund's income and expenditures.