Section 10 Workforce Investment Trust Fund and Economic Development Trust Fund Reforms 2

          Subsection (a) of section 18 of said chapter 23N, as so appearing, is hereby amended by striking out, in line 5, the figure "16" and inserting in place thereof the following figure:- 17.

This section, together with related sections, authorizes the Secretary of Economic Development, in consultation with the Secretary of Labor and Workforce Development, to transfer funds from the Workforce Investment Trust Fund to the Economic Development Trust Fund and allows for more flexible use of the Workforce Investment Trust Fund.