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DOL/ASVET | RIN: 1293-AA11 | Publication ID: Spring 2004 |
Title: Jobs for Veterans Act of 2002: State Grant Funding Formula FY 2005 and Beyond | |
Abstract: Public Law 107-288, the Jobs for Veterans Act, enacted November 7, 2002 requires establishment of a new grant allocation formula for Disabled Veterans Outreach Program (DVOP) and Local Veterans Employment Representative (LVER) that reflects the ratio of the total number of veterans seeking employment residing in the State to the total number of veterans seeking employment in all States. Congress allowed for the phasing-in of this funding formula requirement "over the three fiscal-year period" beginning October 1, 2002. Because funding for fiscal year 2003 had already been established before enactment of the law, this effectively meant the phase-in of this new funding formula would actually take place over a two-year period -- fiscal years 2004 and 2005. To help minimize States' annual funding reductions, allocations will be limited to no more than eighty percent of the prior year's funding allocation, during the two-year phase-in period and ninety percent, after the funding formula is fully implemented. | |
Agency: Department of Labor(DOL) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 20 CFR 1001.150 to 1001.152 | |
Legal Authority: 38 USC 4102A (c) (2) (B) as amended by PL 107-288 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: State |
Federalism: No | |
Included in the Regulatory Plan: No | |
Agency Contact: Ronald Drach Team Leader Department of Labor Office of the Assistant Secretary for Veterans' Employment and Training 200 Constitution Avenue NW., Room S1325, FP Building, Washington, DC 20210 Phone:202 693-4749 Fax:202 693-4755 |