(a) Grants received under this subchapter may be used to:
(1) reimburse an eligible grant recipient for costs incurred while training a participant who:
(A) completes a program operated by the grant recipient and achieves the required skill level set forth in Texas Labor Code §302.255(4)(D); and
(B) maintains suitable employment for at least 12 consecutive months immediately following completion of the program;
(2) be awarded on a TIRA-participant basis; and
(3) not exceed the lesser of:
(A) the total cost for training the participant, excluding wages and benefits; or
(B) $10,000.
(b) In awarding a grant under this subchapter, the Agency may consider:
(1) the anticipated economic value to the state upon participants' program completion;
(2) the increased tax revenue generated by participants' wages; and
(3) the decrease in participants' use of state-funded benefits, attributable to the participants' job placements and earning projections.
Source Note: The provisions of this §838.21 adopted to be effective December 28, 2020, 45 TexReg 9573; amended to be effective November 20, 2023, 48 TexReg 6746