Critical Industry Skills Act amends the Workforce Innovation and Opportunity Act to establish critical industry skills funds and industry or sector.
The Critical Industry Skills Act amends the Workforce Innovation and Opportunity Act to require States to establish critical industry skills funds or industry or sector partnerships. These funds and partnerships aim to support employment and training activities, focusing on high-growth or high-wage industries. The Act allows Governors to reserve funds for these purposes and mandates performance-based payments to eligible entities. It also requires the Secretary of Labor to conduct a study on the effectiveness of statewide critical industry skills funds.