President Obama signed the Workforce Innovation and Opportunity Act (H.R. 803) into law following overwhelming support and bipartisan passage in the U.S.House of Representatives and Senate.
 
The six-year law authorizes $9.5 billion to modernize the nation’s current workforce training system and promote programs that help American workers acquire the skills they need to compete for in-demand jobs. In addition to eliminating 15 unnecessary programs and tailoring training services to specific regional needs, the law empowers businesses to identify in-demand skills and connect workers with those opportunities. It also allows existing programs that provide workers with industry-recognized credentials to access workforce investment funding, as well as removes language that previously limited certain green job training grants to union firms.