Tom Daly
- Democratic
Existing law establishes the Unemployment Fund as a continuously appropriated fund separate and apart from all other public money or funds of the state. The fund is administered by the Director of Employment Development exclusively for the purposes of carrying out the unemployment and disability insurance programs. This bill would make a one-time transfer of $7,250,000,000 from the General Fund to the Unemployment Fund for the purpose of paying down outstanding debt in that fund. By transferring moneys from the General Fund into a continuously appropriated fund, this bill would make an appropriation. The bill would also make findings and declarations related to this appropriation.
In committee: Held under submission.
In committee: Set, first hearing. Referred to suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 20). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
From printer. May be heard in committee March 21.
Introduced. To print.
Bill Text Versions | Format |
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AB2570 | HTML |
02/18/22 - Introduced | |
03/24/22 - Amended Assembly |
Document | Format |
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04/19/22- Assembly Insurance | |
05/02/22- Assembly Appropriations |
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