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MA H3146

To increase contributions to 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 increase contributions to the Workforce Competitiveness Trust Fund. Labor and Workforce Development.

AI Summary

This bill aims to increase contributions to the Workforce Competitiveness Trust Fund, which is a fund that supports workforce development programs in Massachusetts. The key provisions are: 1. Employers will be required to pay a "workforce competitiveness trust fund contribution" in addition to their regular unemployment insurance contributions. The contribution rate will vary based on the number of employees, starting at 0.028% for the first 19 employees, increasing to 0.042% for the next 80 employees, and reaching 0.056% for the 101st employee and beyond. 2. The commissioner of the Department of Unemployment Assistance will be required to submit an annual report to the legislature on the collection of these workforce competitiveness trust fund contributions, including the amount collected, the number of contributing employers, and the total number of employees covered. 3. The funds collected through these additional employer contributions will be deposited into the Workforce Competitiveness Trust Fund, which can be used to support job training, education, and other workforce development initiatives in the state.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

Accompanied H3160 (on 04/19/2018)

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