logo_sm.gif (4042 bytes)
Your Source for Up-To-Date News and Research on the Collision Repair Industry 

 
Subscribe to INSIGHT Editor's Desk News Alerts
click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email


lftspace.GIF (57 bytes)
SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor
Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide
Management/
Technical Info

Market Watch Rates
INSIGHT Inside this month's issue...
Feedback
Letter to the Editor
cntspace.GIF (53 bytes)
Tuesday August 15

President Bush Signs Perkins Act Renewal

President George W. Bush has signed legislation to renew the Carl D. Perkins Vocational and Technical Education Act. U.S. House and Senate conferees reached a compromise less than a month ago to renew the Perkins Act. In the administration's fiscal 2006 and 2007 budget requests, the Perkins Act was left unfunded. The Automotive Service Association has been an avid supporter of the Perkins Act.

Under the Perkins Act, states receive grants for career and technical education at the secondary and post-secondary levels. High schools and community colleges are able to prepare students for careers that do not require a four-year degree.

The House and Senate conference agreement preserves both Tech-Prep and the Perkins program and allows states to use Tech-Prep grants for more expansive Perkins programs. Tech-Prep money is controlled by state governors who decide how to divide the money among local schools. Funding formulas decide how the Perkins program grants are dispersed.

The legislation allows states to spend up to five percent of their appropriations to cover administrative costs. However, states are permitted to cut those costs and give the remaining funds to local education operations. The legislation provided $1.18 billion in state grants last year.

©2006 Collision Repair Industry INSIGHT
All Rights Reserved

FEATURED
LINKS:

Hertz

Sherwin-Williams Automotive Finishes

DuPont Automotive Refinish

Spies-Hecker Automotive Refinish

Akzo Nobel

National Auto Body Council
INSIGHT Supports the NABC!
Do You?