Bill > H1884

This bill aims to increase contributions to the Workforce Competitiveness Trust Fund. It amends the existing law to require employers to pay a "workforce competitiveness trust fund contribution" in addition to their regular unemployment insurance contributions. The contribution rate varies based on the number of employees, ranging from 0.028% for the first 19 employees to 0.056% for the 101st employee and beyond. The commissioner is required to report annually on the collection of these contributions, including the total amount collected, the number of contributing employers, and the total number of employees represented. The bill also establishes that the contributions will be deposited into the Workforce Competitiveness Trust Fund and will not be credited to the employer's unemployment insurance account.

Labor and Employment

https://malegislature.gov/Bills/193/H1884