KRS 164.0405: Annual report to Interim Joint Committees by Council on Postsecondary

Education.

(1) The council shall submit a written report to the Interim Joint Committee on

Education, the Interim Joint Committee on Health Services, and the Interim Joint

Committee on Appropriations and Revenue Budget Review Subcommittee on

Education no later than December 1 of each year. The report shall include:

(a) A detailed summary of the council's costs throughout the year;

(b) Legislative recommendations to help grow an d strengthen the education and

training pipeline of healthcare professions within Kentucky;

(c) A detailed overview of the Kentucky healthcare workforce investment fund,

including an accounting of all moneys raised and expended;

(d) A detailed analysis of healthcare training scholarships awarded pursuant to

KRS 164.0403, including but not limited to:

1. The criteria used to award the scholarships;

2. The number of scholarships awarded and the amount of each

scholarship;

3. An overview of the demographic inf ormation of scholarship recipients,

including the county of residence;

4. The names of the healthcare programs with scholarship recipients and

the type of eligible healthcare credential corresponding to each program;

and

5. To the extent available, student and program outcomes, including but

not limited to:

a. Graduation rates of the healthcare program overall and of

scholarship recipients as compared to an established baseline

within any such program;

b. Employment and employment retention rates of the healthcare

program overall and scholarship recipients; and

c. The workforce partici pation of program graduates practicing in

Kentucky under an eligible healthcare credential in relation to the

workforce demand and capacity for that specific eligible

healthcare credential; and

(e) A detailed analysis of the number of the healthcare progra m incentives

awarded pursuant to KRS 164.0404, including but not limited to:

1. The criteria used by the council to award the incentives;

2. The number of incentives awarded;

3. The name of each healthcare program that received an incentive, the

corresponding eligible healthcare credential, and the amount of the

incentive; and

4. The qualifications of each healthcare program that received an incentive

in relation to the criteria identified by the council for awarding the

incentives.

(2) If the report requir ed by subsection (1) of this section is not filed by December 14

of each year, or a later date approved by the Interim Joint Committee on Education

and the Interim Joint Committee on Health Services, any appropriations to the fund

shall be forfeited and an y remaining moneys in the fund appropriated by the

General Assembly shall lapse to the general fund. The council shall return any

remaining private moneys to its grantor, prorated as necessary.