(1) The role and function of the Arkansas Industry Training Program of the Arkansas Economic Development Council and the Arkansas Economic Development Commission is expanded to authorize the program to provide training of workers in existing industries as well as in new and expanding businesses and industries.
(2) Such training may be for: Upgrading skills and abilities of workers to operate modern, more sophisticated equipment;
(3) Providing workers with skills needed for initiating more modern processes and using more sophisticated materials; and
(4) Other situations which create a technical-upgrade training need of employees.
(5) The resources provided shall not be used to address worker training needs caused by turnover and normal attrition.
(6) The commission shall cooperate with the Arkansas Higher Education Coordinating Board in the operation of this program.