WISE Investment Act

To amend the Workforce Investment Act of 1998 to provide for the establishment of the Small Business Liaison Pilot Program. 1. Short title This Act may be cited as the Workforce Infrastructure for Skilled Employees Investment Act WISE Investment Act 2. Small Business Liaison Pilot Program Section 171 of the Workforce Investment Act of 1998 ( 29 U.S.C. 2916 (f) Small Business Liaison Pilot Program (1) Establishment of Small Business Liaison Pilot Program The Secretary may award competitive grants to local boards, community colleges, postsecondary vocational institutions, community-based organizations, and apprenticeship programs, including joint labor-management training programs, in States and outlying areas to promote local economic growth and eliminate gaps between the workforce skills available and the workforce skills needed in local areas or regions. (2) Application To receive a grant under this subsection a local board, community college, or postsecondary vocational institution in a State or outlying area shall submit to the Secretary an application in such manner, at such time, and containing such information as the Secretary may require. (3) Specifications of grants (A) Time period A grant shall be used over a 36-month period. (B) Amount of grant In determining the amount of a grant made under this subsection, the Secretary may consider— (i) the ability of the grant applicant to conduct outreach activities; (ii) the ability of the grant applicant to conduct skills gap assessments; (iii) the extent to which the grant applicant works with or, after implementing a strategic skills gap action plan, plans to work with small businesses within its local area or region; and (iv) any other factor that the Secretary deems appropriate. (C) Limitations (i) A recipient may not receive more than one grant under this subsection. (ii) No grant under this subsection may be for an amount more than $500,000. (iii) The Secretary shall, in determining whether to award a grant, consider the geographic diversity of grant recipients. (D) Use of funds (i) In general A local board, community college, or postsecondary vocational institution that receives a grant under this subsection shall use the grant funds to pay for a new or current employee to serve as liaison to conduct activities described in clause (ii). (ii) Small & Local Business Liaison The liaison— (I) shall— (aa) prepare a strategic action skills gap assessment; (bb) develop a strategic skills gap action plan; and (cc) conduct any other activity that the Secretary deems appropriate for the purposes of this subsection; and (II) may— (aa) engage in outreach in the local area or region; (bb) conduct business site visits, interviews, and assessments; (cc) consult in the implementation of the skills action plan; (dd) complete more than 1 skills gap action plan; and (ee) consult with the local offices of the Small Business Administration. (iii) Prohibition A grant received under this subsection may not be used to supplant existing funding or efforts. (E) Confidentiality of information The grant recipient may not disclose the name, address, or contact information of a business, employer, or other person that provided information to the grant recipient to compile information in the strategic skills gap assessment or strategic skills gap action plan without consent of such business, employer, or other person. (4) Reporting Each year, the Secretary shall report to the Congress— (A) the number of grants awarded under this subsection; (B) the recipients of grants awarded under this subsection; (C) the activities carried out by each recipient under paragraph (3)(D); and (D) an assessment describing— (i) the success of the program to promote local economic growth and eliminate gaps between the workforce skills available and the workforce skills needed in local areas or regions; and (ii) any recommendations for reauthorization and expansion of the program that the Secretary may have. (5) Definitions In this subsection: (A) Community College The term community college (B) Local area The term local area (C) Postsecondary vocational institution The term postsecondary vocational institution 20 U.S.C. 1002(c) (D) Region The term region (E) Strategic skills gap assessment The term strategic skills gap assessment (i) identifies areas of current and expected demand for labor and skills in a specific industry sector of related occupations that is— (I) producing jobs in the local area or region involved; (II) developing emerging jobs in the local area or region involved; or (III) suffering chronic worker shortages; (ii) identifies the current and expected supply of labor and skills in that sector or group in the local area or region; (iii) identifies gaps between the current and expected demand and supply of labor and skills in that section or group in the local area or region; (iv) contains the results of a survey or focus group interviews of employers, labor organizations, and other relevant individuals and organizations in the local area or region; and (v) contains data regarding— (I) specific employment opportunities offered by industries in the local area or region; (II) specific skills desired for employment opportunities offered by industries in the local area or region; (III) occupations and positions in the local area or region that are difficult to fill; (IV) specific skills desired for occupations and positions in the local area or region that are difficult to fill; (V) areas of growth and decline among industries and occupations in the local area or region; (VI) specific skills desired for areas of growth among industries and occupations in the local area or region; and (VII) specific inventories of skills of unemployed or underemployed individuals in the local area or region. (F) Strategic skills gap action plan The term strategic skills gap action plan (i) identifies— (I) specific barriers to adequate supply of labor and skills in demand in a specific industry sector of related occupations that is producing jobs in the local area or region; and (II) activities that will remove or alleviate the barriers described in subclause (I) that could be undertaken by the local board, community college, or postsecondary vocational institution; (ii) specifies how the local board, community college, or postsecondary vocational institution may integrate the activities described in clause (i) within the local area or region; and (iii) identifies resources and strategies that may be used in the local area or region to address the skills gaps for both unemployed and employed workers in that industry sector. (6) Authorization of appropriations There is authorized to be appropriated to the Secretary such sums as may be necessary to carry out this subsection. .

Summary: Workforce Infrastructure for Skilled Employees Investment Act or WISE Investment Act - Amends the Workforce Investment Act of 1998 to authorize the Secretary of Labor to award competitive grants to local boards, community colleges, postsecondary vocational institutions, community-based organizations, and apprenticeship programs and joint labor-management training programs, to promote local economic growth and eliminate gaps between the workforce skills available and the workforce skills needed with respect to small businesses in local areas or regions.