HB 403

AN ACT TO ESTABLISH A YOUTH EMPLOYMENT GRANT PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF EMPLOYMENT SECURITY FOR THE PURPOSE OF ASSISTING MUNICIPALITIES WITH THE COSTS OF PROVIDING EMPLOYMENT FOR YOUTH; TO PROVIDE THAT IN ORDER FOR A MUNICIPALITY TO BE ELIGIBLE FOR A GRANT UNDER THE PROVISIONS OF THIS ACT, THE MUNICIPALITY MUST PRESENT TO THE DEPARTMENT OF EMPLOYMENT SECURITY A PLAN FOR EMPLOYING YOUTH IN THE MUNICIPALITY AND MUST AGREE TO PROVIDE MATCHING FUNDS EQUAL TO TWENTY PERCENT OF THE AMOUNT OF THE GRANT; TO CREATE IN THE STATE TREASURY A SPECIAL FUND TO BE KNOWN AS THE YOUTH EMPLOYMENT GRANT PROGRAM FUND; TO PROVIDE THAT THE FUND WILL CONSIST OF MONIES APPROPRIATED BY THE LEGISLATURE FOR FUNDING THE PROGRAM, AND ANY OTHER MONIES THAT THE LEGISLATURE MAY DESIGNATE FOR DEPOSIT INTO THE FUND; TO PROVIDE THAT MONIES IN THE FUND MAY BE EXPENDED UPON LEGISLATIVE APPROPRIATION FOR MAKING GRANTS TO MUNICIPALITIES FOR THE PURPOSES SPECIFIED IN THIS ACT; AND FOR RELATED PURPOSES.