To amend the Job Training Partnership Act to improve employment and training assistance for dislocated workers, and for other purposes.

[AI summary unavailable — showing source text] Amends the Job Training Partnership Act (JTPA) to revise provisions for title III employment and training assistance for dislocated workers, particularly under the Defense Conversion Adjustment Program (the Program). Requires State dislocated worker units to: (1) notify substate grantees immediately of current or projected permanent closures or substantial layoffs in their substate areas to continue and expand services initiated by the rapid response teams; and (2) provide the Secretary of Labor (the Secretary) with a cost breakdown of all title III funds used by such a unit for administrative expenditures. Prohibits States from transferring any of the rapid response assistance functions of such units to any other entities. Expands the definition of substantial layoff, for purposes of rapid response assistance provided under the Program, to mean a layoff of 50 or more individuals. Exempts funds expended under the Program from the 25 percent maximum limitation on needs-related payments and supportive services for other title III dislocated worker programs. Revises the Defense Conversion Adjustment Program (the Program) under JTPA title III. Directs the Secretary, from funds transfer…