Lingle-Aiona Initiatives 2008 - Workforce Development (7 of 14)
Tuesday, February 12th, 2008Lingle-Aiona Initiatives 2008, recently published in the Honolulu Advertiser are available on-line using this link. This post relates to workforce development, one of 14 initiative areas contained in the document. Some initiatives are recycled or continued from prior years. Stay tuned to see how the bills/initiatives progress.
Workforce Development - LBR-28(08)/HB3169/SB3091 creates tax-free life-long learning accounts allowing employer-matched portable individual savings accounts to finance career-building skills; BED-21(08)/HB3073/SB2995 allows for up to $100 million from the Employees Retirement System to be invested in venture capital funds for the state; $4.8 million additional funding for expansion of HCC music business program (no bill number); establishes rapid response training program with community college system (no bill number); continuing support of public-private “Kamaaina Come” program to encourage former residents to return to work; and $100K funding to support a public- private partnership to commercialize innovative ideas (no further details or bill number)