A. To be eligible to receive funding pursuant to the Workforce Training Act, a community college shall provide customized training for at least one business each year.
B. To remain eligible to receive funding to participate in the workforce training program following the first year in which customized training is offered, a community college shall:
(1) increase the number of businesses receiving customized training in each succeeding year by at least one business that did not receive customized training in the prior year; or
(2) increase the total number of employees enrolled in customized training for each succeeding year.
C. To qualify as a business that may participate in the customized training opportunities offered at a community college:
(1) a business shall be located in New Mexico;
(2) may be either a new or an established business;
(3) shall provide full-time job opportunities for the successful participants of the workforce training program; and
(4) shall pay more than minimum wage to successful participants of the workforce training program.
History: Laws 2003, ch. 30, § 5.
ANNOTATIONSCross references. — For work force skills development fund, see 21-13A-6 NMSA 1978.
Effective dates. — Laws 2003, ch. 30 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective on June 20, 2003, 90 days after adjournment of the legislature.