7002-1075 - Workforce Competitiveness Trust Fund

Account Description FY 2016
Spending
FY 2017
House 2
7002-1075 Workforce Competitiveness Trust Fund
For the Workforce Competitiveness Trust Fund established in section 2WWW of chapter 29 of the General Laws; provided, that not less than $2,000,000 shall be available for an economic opportunity fund to be created as a separate account within said workforce competitiveness trust fund and whose purpose shall be to support targeted employment and supportive services to African Americans/Blacks, Hispanic Americans/Latinos, Native Americans, persons with disabilities, and Gulf-era II veterans; and provided further, that not more than 10 per cent of the funds made available for the economic opportunity fund shall be used for administrative purposes of both the executive office of labor and workforce development and the Commonwealth Corporation pursuant to the direction of the secretary of labor and workforce development
2,214,000 4,000,000

Increased funding to support new initiative.