A. For the first two years after the effective date of the Apprenticeship Assistance Act, the division shall disburse funds for each apprenticeship committee, taking into account the number of total monthly contact hours and based on one dollar fifty cents ($1.50) per participant contact hour of related instruction, not to exceed two hundred twenty hours per participant per year. Thereafter, funds shall be distributed in accordance with Section 21-19A-10 NMSA 1978.
B. The division shall require from the apprenticeship committees such reports as it deems necessary for the purpose of determining the number of total monthly contact hours.
C. Funds appropriated under the Apprenticeship Assistance Act shall be disbursed by the division, and the division shall have sole control over the disbursement of those funds; provided, however, that the division shall not fund any apprenticeship committee not certified by the state apprenticeship agency or the office of apprenticeship.
History: Laws 1992, ch. 93, § 12; 2014, ch. 51, § 8.
The 2014 amendment, effective July 1, 2014, changed the names of governmental entities to move the administration of the Apprenticeship Assistance Act to the workforce solutions department; in Subsection A, in the second sentence, after "Section", deleted "10 of the Apprenticeship Assistance Act" and added "21-19A-10 NMSA 1978"; and in Subsection C, after "certified by the", deleted "council" and added "state apprenticeship agency", and after "agency or the", deleted "bureau" and added "office of apprenticeship".
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