A BILL TO BE ENTITLED
AN ACT to establish the customized industry training program and to appropriate funds for the program.
The General Assembly of North Carolina enacts:
SECTION 1.  Chapter 115D of the General Statutes is amended by adding a new section to read:
"§ 115D‑7.1.  Establishment of the Customized Industry Training Program.
(a)	There is created within the North Carolina Community College System the Customized Industry Training (CIT) Program. The CIT Program shall offer programs and training services as new options for assisting existing business and industry to remain productive, profitable, and within the State. Before a business or industry qualifies to receive assistance under the CIT Program, the President of the North Carolina Community College System shall determine that:
(1)	The business is making an appreciable capital investment;
(2)	The business is deploying new technology;
(3)	The skills of the workers will be enhanced by the assistance; and
(4)	The average wage of the workers receiving the training will increase measurably.
(b)	The State Board of Community Colleges shall report on September 1 of each year to the Joint Legislative Education Oversight Committee on:
(1)	The total amount of funds received by a company under the CIT Program;
(2)	The amount of funds per trainee received by that company;
(3)	The amount of funds received per trainee by the community college delivering the training;
(4)	The number of trainees trained by the company and community college; and
(5)	The number of years that company has been funded.
(c)	The State Board shall adopt rules and policies to implement this section."
SECTION 2.  There is appropriated from the General Fund to the Community Colleges System Office the sum of four million dollars ($4,000,000) for the 2005‑2006 fiscal year and the sum of four million dollars ($4,000,000) for the 2006‑2007 fiscal year for the operation of the Customized Industry Training Program, which is established in Section 1 of this act.
SECTION 3.  This act becomes effective July 1, 2005.