Texas Labor Code 303.001 – Purpose; Definitions
(a) The purpose of this chapter is to remove administrative barriers that impede the response of public community and technical colleges, community-based organizations, local workforce development boards, and the Texas A&M Engineering Extension Service to industry and workforce training needs and to develop incentives for public community and technical colleges, community-based organizations, local workforce development boards, and the Texas A&M Engineering Extension Service to provide customized assessment and training in a timely and efficient manner.
(b) For purposes of this chapter:
(1) “Assessment” means the evaluation of an employer’s workforce needs and requirements.
(2) “Community-based organization” means a private nonprofit organization, including a development corporation and faith-based organization, that:
(A) provides for education, vocational education, rehabilitation, job training, or internship services or programs; and
(B) is exempt from the payment of federal income taxes under Section 501(a) of the Internal Revenue Code of 1986, and its subsequent amendments, by being listed as an exempt entity under Section 501(c)(3) of that code.
Terms Used In Texas Labor Code 303.001
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.