Bill > H1885

This bill proposes to adjust the rate of contributions to the Workforce Competitiveness Trust Fund, a fund established to support workforce development and training initiatives. Specifically, the bill requires the commissioner to set the contribution rate so that the total amount collected in a year substantially equals $22 million, and any proceeds collected above that amount will be deposited into the Workforce Competitiveness Trust Fund. The bill also requires the commissioner to submit an annual report to legislative committees on the collection of these workforce training contributions, including the total amount collected, the number of contributing employers and employees, and the contribution rate.

Labor and Employment

https://malegislature.gov/Bills/193/H1885