summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H1981 |
| Bill | https://malegislature.gov/Bills/192/H1981.pdf |
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