Lawmakers agree to create WISE incentive fund Lawmakers agree to create WISE incentive fund the associated press May 30, 2014 Comments Gov. Bobby Jindal and higher education leaders have won legislative support for a new incentive fund that will direct money to high-demand degree and worker training programs. The House gave final passage Thursday to House Bill 1033 by House Speaker Chuck Kleckley, R-Lake Charles, that sets up the Workforce and Innovation for a Stronger Economy Fund, or WISE Fund. The 92-0 vote sent the measure to Jindal. HB1033 doesn’t guarantee funding, however. Lawmakers will decide each year whether to put money in the fund. Next year’s budget bills include $40 million for the effort. The Board of Regents will have final say over which campuses get money, based on recommendations from a newly-created council. Schools will have to put up a funding match.