State Sen. Gayle Manning (R-North Ridgeville) has announced the Senate passed Senate Bill 1, a new OhioMeansJobs initiative that aims at helping Ohio's unemployed and underemployed find work through continued education and job training.
The bill authorizes a revolving fund, which will provide loans to Ohioans who need additional job training. The loans will be distributed through public and private colleges, universities, and career centers.
"This legislation will help programs at institutions like Lorain County Community College. LCCC already does a wonderful job at training those who are unemployed or are seeking additional job skills, and this bill will add to those valuable resources," Manning said.
The plan ensures that priority status is given to schools and career centers that already have close ties with area businesses. This relationship will help shape the curriculum in a way that prepares graduates for open job opportunities, thus facilitating quick job placement.
The program will be funded using $25 million in existing revenue from casino licensure fees. Each institution can apply for up to $100,000 and loan up to $10,000 per student, annually.
The bill will now move to the Ohio House of Representatives for further consideration.