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Refinancing Education Funding to Invest (REFI) for the Future Act of 2013

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6/27/2013--Introduced. Refinancing Education Funding to Invest (REFI) for the Future Act of 2013 - Directs the Secretary of the Treasury, upon determining that borrowers are unable to secure adequate credit accommodations with existing private educat...[more]

Sponsor

  • Sen. Sherrod Brown [D, OH]

Cosponsors (4)

  • Sen. Richard J. Durbin [D, IL]
  • Sen. Kirsten E. Gillibrand [D, NY]
  • Sen. Heidi Heitkamp [D, ND]
  • Sen. Patty Murray [D, WA]

Sponsor: Sen Sherrod Brown (D-OH)

Summary:

  • Would require the Secretary of Labor to award renewable three-year competitive industry or sector partnership grants to eligible entities to develop strategies that: (1) encourage growth and competitiveness through work with employers within a targeted industry cluster; (2) help workers move toward economic self-sufficiency and ensure that they have access to supportive services; (3) address the needs of firms with limited human resources or in-house training capacity, including small- and medium-sized firms; and (4) coordinate with entities that carry out state and local workforce investment, economic development, and education activities.
 

Status:

6/26/13 – Introduced, read twice and referred to the Committee on Health, Education, Labor and Pensions.