Jindal signs HB 1033, creating new workforce initiative fund

Gov. Bobby Jindal signs HB 1033. (Source: Kiran Chawla/WAFB)
Gov. Bobby Jindal signs HB 1033. (Source: Kiran Chawla/WAFB)

BATON ROUGE, LA (WAFB) - Gov. Bobby Jindal signed a bill Thursday which creates a new higher education workforce initiative and increases higher education funding.

HB 1033 by House Speaker Chuck Kleckley, R-Lake Charles, enacts the Workforce and Innovation for a Stronger Economy Fund (WISE Fund). It will also dedicate $40 million to better prepare Louisiana students to compete globally.

"Our higher education institutions have already done an incredible job over the past six years instituting a number of reforms to help more of our students graduate," Jindal said in a written release. "These results are a testament to the incredible work of our faculty and students at schools across Louisiana."

It is meant to serve as a collaborative effort involving government, industry and higher education to target job opportunities.

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