WASHINGTON, D.C. — The Workforce Investment Act was reauthorized Tuesday, now called the Workforce Innovation and Opportunity Act. This bill included a provision from U.S. Senators Rob Portman, R-OH, and Michael Bennet, D-CO, allowing state and local governments to direct job-training dollars toward innovative pay-for-success models that reward results and meet the needs of employers.
This proposal was originally part of the Careers Through Responsive, Efficient and Effective Retraining Act introduced last year and co-sponsored by Portman. The Workforce Investment Act was initially passed in 1998.