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NJ S692

NJ S692
Allocates $200 million to Department of Labor and Workforce Development to improve unemployment insurance infrastructure technology.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill allocates $200 million in available federal assistance to the Department of Labor and Workforce Development. In the event that federal funds are insufficient, the money is to be allocated from the "New Jersey Debt Defeasance and Prevention Fund" for the purpose of funding capital construction projects. The money shall be spent in efforts to improve the unemployment insurance (UI) program following the unprecedented spike in UI benefit claims filings caused by the coronavirus disease 2019 pandemic. Under the bill, the department is required to submit to the Legislature an implementation plan to effectuate the provisions of this bill.

AI Summary

This bill allocates $200 million in available federal assistance to the New Jersey Department of Labor and Workforce Development to fund capital construction projects and improve the unemployment insurance (UI) program's information technology infrastructure. The funds will be used to address the unprecedented spike in UI benefit claims filings caused by the COVID-19 pandemic. If federal funds are insufficient, the money will be allocated from the "New Jersey Debt Defeasance and Prevention Fund." The department is required to submit an implementation plan to the Legislature within 60 days of the bill's effective date.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Introduced in the Senate, Referred to Senate Labor Committee (on 01/11/2022)

bill text


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