Section 164.0405 - Annual report to Interim Joint Committees by Council on Postsecondary Education(1) The council shall submit a written report to the Interim Joint Committee on Education, the Interim Joint Committee on Health Services, and the Interim Joint Committee on Appropriations and Revenue Budget Review Subcommittee on Education no later than December 1 of each year. The report shall include: (a) A detailed summary of the council's costs throughout the year;(b) Legislative recommendations to help grow and strengthen the education and training pipeline of healthcare professions within Kentucky;(c) A detailed overview of the Kentucky healthcare workforce investment fund, including an accounting of all moneys raised and expended;(d) A detailed analysis of healthcare training scholarships awarded pursuant to KRS 164.0403, including but not limited to: 1. The criteria used to award the scholarships;2. The number of scholarships awarded and the amount of each scholarship;3. An overview of the demographic information of scholarship recipients, including the county of residence;4. The names of the healthcare programs with scholarship recipients and the type of eligible healthcare credential corresponding to each program; and5. To the extent available, student and program outcomes, including but not limited to: a. Graduation rates of the healthcare program overall and of scholarship recipients as compared to an established baseline within any such program;b. Employment and employment retention rates of the healthcare program overall and scholarship recipients; andc. The workforce participation of program graduates practicing in Kentucky under an eligible healthcare credential in relation to the workforce demand and capacity for that specific eligible healthcare credential; and(e) A detailed analysis of the number of the healthcare program incentives awarded pursuant to KRS 164.0404, including but not limited to: 1. The criteria used by the council to award the incentives;2. The number of incentives awarded;3. The name of each healthcare program that received an incentive, the corresponding eligible healthcare credential, and the amount of the incentive; and4. The qualifications of each healthcare program that received an incentive in relation to the criteria identified by the council for awarding the incentives.(2) If the report required by subsection (1) of this section is not filed by December 14 of each year, or a later date approved by the Interim Joint Committee on Education and the Interim Joint Committee on Health Services, any appropriations to the fund shall be forfeited and any remaining moneys in the fund appropriated by the General Assembly shall lapse to the general fund. The council shall return any remaining private moneys to its grantor, prorated as necessary.Added by 2023 Ky. Acts ch. 65,§ 5, eff. 3/22/2023.