The Ohio Senate today passed Senate Bill 1, sponsored by State Senator Troy Balderson, which aims at helping Ohio’s unemployed and underemployed find work through continued education and job training.

The bill, which Senator Balderson jointly sponsored with State Senator Bill Beagle (R–Tipp City), authorizes a revolving fund, which will provide loans to Ohioans who need additional job training. The loans will be distributed through public and private colleges, universities, and career centers.

“Our dedicated workforce is Ohio’s greatest asset,” said Balderson. “This bill is another piece of the puzzle that connects job seekers with new opportunities right here in the Buckeye State.” 

Balderson’s plan ensures that priority status is given to schools and career centers that already have close ties with area businesses. This relationship will help shape the curriculum in a way that prepares graduates for open job opportunities, thus facilitating quick job placement.

“Ohio’s economy is continuously changing and growing. This legislation will help ensure that the state’s workforce keeps up with the demands of our economy so we can keep more hard working Ohioans employed.”

The program will be funded using $25 million in existing revenue from casino licensure fees. Each institution can apply for up to $100,000 and loan up to $10,000 per student, annually.

The bill will now move to the Ohio House of Representatives for further consideration.

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