Senate Bill No. 496–Committee on Finance

 

CHAPTER..........

 

AN ACT relating to economic development; revising various provisions governing certain training programs for employees of businesses; providing for the reversion to the State General Fund of certain money administered by the Commission on Economic Development to carry out such training programs; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

    Section 1.  NRS 231.141 is hereby amended to read as follows:

    231.141  As used in NRS 231.141 to 231.152, inclusive, unless

the context otherwise requires, the words and terms defined in NRS

231.142 [to 231.146, inclusive,] , 231.143 and 231.146 have the

meanings ascribed to them in those sections.

    Sec. 2. NRS 231.147 is hereby amended to read as follows:

    231.147  1.  A person who operates a business or will operate

a business in this state may apply to the Commission for approval of

a program. The application must be submitted on a form prescribed

by the Commission.

    2.  Each application must include:

    (a) The name, address and telephone number of the business;

    (b) The number and types of jobs for the business that are

available or will be available upon completion of the program;

    (c) A statement of the objectives of the proposed program;

    (d) The estimated cost for each person enrolled in the program;

and

    (e) A statement signed by the applicant certifying that, if the

program set forth in the application is approved and money is

granted by the [Director] Commission to a community college for

the program, each employee who completes the program:

        (1) Will be employed in a full-time and permanent position

in the business; and

        (2) While employed in that position, will be paid not less

than 80 percent of the lesser of the average industrial hourly wage

in:

            (I) This state; or

            (II) The county in which the business is located,

as determined by the Employment Security Division of the

Department of Employment, Training and Rehabilitation on July 1

of each fiscal year.

    3.  Upon request, the Commission may assist an applicant in

completing an application pursuant to the provisions of this section.

    4.  Except as otherwise provided in subsection 5, the

Commission shall approve or deny each application at the next

regularly scheduled meeting of the Commission. When considering

an application, the Commission shall give priority to a business that:

    (a) Provides high-skill and high-wage jobs to residents of this

state; and

    (b) To the greatest extent practicable, uses materials for the

business that are produced or bought in this state.

    5.  Before approving an application, the Commission shall

establish the amount of matching money that the applicant must

provide for the program. The amount established by the

Commission for that applicant must not be less than 25 percent of

the amount the Commission approves for the program.

    6.  If the Commission approves an application, it shall notify

the applicant, in writing, within 10 days after the application is

approved.

    7.  If the Commission denies an application, it shall, within 10

days after the application is denied, notify the applicant in writing.

The notice must include the reason for denying the application.

    Sec. 3. NRS 231.149 is hereby amended to read as follows:

    231.149  1.  The [Director] Commission may apply for or

accept any gifts, grants, donations or contributions from any source

to carry out the provisions of NRS 231.141 to 231.152, inclusive.

    2.  Any money the [Director] Commission receives pursuant to

subsection 1 must be deposited in the State Treasury pursuant to

NRS 231.151.

    Sec. 4. NRS 231.151 is hereby amended to read as follows:

    231.151  1.  Any money the [Director] Commission receives

pursuant to NRS 231.149 or that is appropriated to carry out the

provisions of NRS 231.141 to 231.152, inclusive:

    (a) Must be deposited in the State Treasury and accounted for

separately in the State General Fund; and

    (b) May only be used to carry out those provisions . [; and

    (c) Does not revert to the State General Fund at the end of any

fiscal year.]

    2.  Except as otherwise provided in subsection 3, the balance

remaining in the account that has not been committed for

expenditure on or before June 30 of a fiscal year reverts to the

State General Fund.

    3.  In calculating the uncommitted remaining balance in the

account at the end of a fiscal year, any money in the account that

is attributable to a gift, grant, donation or contribution:

    (a) To the extent not inconsistent with a term of the gift, grant,

donation or contribution, shall be deemed to have been committed

for expenditure before any money that is attributable to a

legislative appropriation; and

    (b) Must be excluded from the calculation of the uncommitted

remaining balance in the account at the end of the fiscal year if

necessary to comply with a term of the gift, grant, donation or

contribution.

    4.  The [Director] Commission shall administer the account.

Any interest or income earned on the money in the account must be

credited to the account. Any claims against the account must be paid

as other claims against the State are paid.

    Sec. 5. NRS 231.152 is hereby amended to read as follows:

    231.152  [1.  Except as otherwise provided in subsection 2, the

Director may adopt such regulations as are necessary to carry out

the provisions of NRS 231.141 to 231.152, inclusive.

    2.] The Commission may adopt such regulations as are

necessary to carry out the provisions of NRS 231.147 . [and

231.148.]

    Sec. 6. NRS 231.144, 231.145 and 231.148 are hereby

repealed.

    Sec. 7. This act becomes effective on July 1, 2003.

 

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