Senator Durazo's workforce development legislation establishes a dedicated funding stream and new labor standards framework to direct federal infrastructure and jobs funding toward specific workforce objectives. The bill creates the Equity, Climate Resilience, and Quality Jobs Fund, which would receive 1% of California's allocations from three major federal acts - the CHIPS and Science Act, Inflation Reduction Act, and Infrastructure Investment and Jobs Act.

The California Workforce Development Board would oversee the fund, using it to develop workforce programs and labor standards for state agencies administering federal dollars. State agencies would need to incorporate these standards into their investment decisions and report outcomes to the board. Local agencies implementing federal funding would provide data to support state reporting requirements.

The legislation adds formal definitions to state code for terms like "job quality" and "economic equity" to guide implementation. It requires the board to contract with research institutions to analyze program results and labor market impacts. The provisions apply to all California cities, including charter cities, with reimbursement available to local agencies for any state-mandated costs.

This framework aims to coordinate how California utilizes incoming federal infrastructure and jobs funding across multiple state and local entities. The bill establishes reporting mechanisms and oversight structures while leaving specific standards development to implementing agencies.