General

(1) Purpose. (a) 1998 Tenn. Pub. Acts, Chapter 1110, codified as T.C.A. Title 50, Chapter 7. Part 4, created the Tennessee Job Skills Program in the Department of Economic and Community Development as a workforce development incentive program to enhance employment opportunities and to meet the needs of existing and new industries in this state. (b) The program shall give priority to the creation and retention of high-wage jobs and focus on employers in industries that promote high-skill, high-wage jobs in high-technology areas, emerging occupations or skilled manufacturing jobs. (c) At least seventy percent (70%) of the Tennessee Job Skills Funds, which are spent on Tennessee Job Skills Grants, shall be used for assisting existing employers.