Bill
LC 640
Overview: Bill Number: LC 640, Title: Create office of worker and community economic transition, Status: (LC) Draft Died in Process, Introduced: October 30, 2024Purpose and Intent:
Overview: Bill Number: LC 640, Title: Create office of worker and community economic transition, Status: (LC) Draft Died in Process, Introduced: October 30, 2024
Purpose and Intent: The purpose of this bill is to establish an Office of Worker and Community Economic Transition to assist workers and communities impacted by economic disruptions, such as plant closures or industry shifts. The goal is to provide comprehensive support and resources to help affected individuals and communities adapt and thrive in the face of economic change.
Key Provisions:
- Creates the Office of Worker and Community Economic Transition within the Department of Commerce
- Mandates the office to develop and implement programs to support displaced workers, including job training, education, and career counseling
- Requires the office to work with local governments and community organizations to create economic diversification plans and provide financial assistance
- Establishes a grant program to fund community-based projects that promote economic resilience and transition
Affected Parties and Impacts:
- Workers who lose their jobs due to plant closures, automation, or other economic disruptions would have access to comprehensive support services
- Communities heavily reliant on a single industry or employer would receive assistance in diversifying their local economies and creating new opportunities
- Taxpayers would benefit from reduced costs associated with unemployment, social services, and economic decline in affected areas
Procedural and Timeline Considerations: This bill is currently in the draft stage and has not been formally introduced in the legislature. If passed, the Office of Worker and Community Economic Transition would be established by July 1, 2025, with initial program implementation by January 1, 2026.
Compiled from official sources — confirm details with the bill’s official record.
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