Bill

Bill > H1981


MA H1981

MA H1981
To ensure funding for the Workforce Competitiveness Trust Fund


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to adjust the rate of contributions to the Workforce Competitiveness Trust Fund. Labor and Workforce Development.

AI Summary

This bill aims to ensure funding for the Workforce Competitiveness Trust Fund, which is a Massachusetts state fund that supports workforce training and development programs. The key provisions of the bill are: 1) It removes the requirement for the Commissioner of Labor and Workforce Development to adjust the contribution rate to the Trust Fund to reach a specific target of $22 million per year. 2) It specifies that contributions up to $22 million will be deposited into the Trust Fund, and any contributions exceeding $22 million will be deposited into the Workforce Competitiveness Trust Fund instead. 3) It requires the Commissioner to annually report on the collection of the workforce training contributions, including the amount collected, the number of contributing employers and employees, and the contribution rate.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H5023 (on 09/06/2022)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...