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Bill > S1005

MA S1005

To ensure funding for the Workforce Competitiveness Trust Fund

summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to ensure funding for the Workforce Competitiveness Trust Fund. Labor and Workforce Development.

AI Summary

This bill aims to ensure funding for the Workforce Competitiveness Trust Fund (WCTF). It amends Section 14L of Chapter 151A of the Massachusetts General Laws to adjust the contribution rate for the WCTF. Specifically, it removes the requirement to set the contribution rate to ensure a total of $22 million in contributions per year, and instead directs that all proceeds collected up to $22 million be allocated to the WCTF. Any proceeds collected in excess of $22 million would also be deposited into the WCTF. Additionally, the bill requires the commissioner to submit an annual report to legislative committees on the collection of the workforce training contributions, including the amount collected, number of contributing employers and employees, and the contribution rate.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

Accompanied H3160 (on 04/19/2018)
(18 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/190/S1005
Bill https://malegislature.gov/Bills/190/S1005.pdf
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