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WV SB1053
WV SB1053Authorizing Unemployment Automation and Administration Fund to modernize and enhance WorkForce West Virginia
summary
Introduced
02/21/2026
02/21/2026
In Committee
03/05/2026
03/05/2026
Crossed Over
03/03/2026
03/03/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
A BILL to amend and reenact §21A-5-5 of the Code of West Virginia, 1931, as amended; and to amend the code by adding a new section, designated §21A-9-10, relating to authorizing an Unemployment Automation and Administration Fund to be used to modernize and enhance WorkForce West Virginia automation and initiatives; directing seven percent of employer contributions to the Unemployment Compensation Fund be deposited into the Unemployment Automation and Administration Fund; limiting said deposits when the Unemployment Automation and Administration Fund reaches $18 million in a given fiscal year or when the balance of the Unemployment Compensation Fund falls below $300 million; authorizing the Commissioner of WorkForce West Virginia to disburse funds from the Unemployment Automation and Administration Fund to modernize the unemployment compensation system, upgrade the job search system, cover essential administrative costs, and engage in additional initiatives designed to bolster workforce development initiatives; authorizing rulemaking; and establishing an effective date.
AI Summary
This bill establishes a new fund called the Unemployment Automation and Administration Fund, which will be used to modernize and improve WorkForce West Virginia's systems and initiatives. Specifically, seven percent of employer contributions to the Unemployment Compensation Fund will be directed to this new fund. However, these deposits will be limited if the Unemployment Automation and Administration Fund reaches $18 million in a fiscal year or if the balance of the Unemployment Compensation Fund drops below $300 million. The Commissioner of WorkForce West Virginia is authorized to use money from this new fund to update the unemployment compensation system, enhance the job search system, cover necessary administrative expenses, and support other workforce development programs. The bill also allows for the creation of rules to implement these changes and sets an effective date of July 1, 2026.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
To House Finance (on 03/05/2026)
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