Chris Hansen
- Democratic
- Senator
- District 31
Primary
Under current law, revenue from an assessment on employers' unemployment insurance premiums, not to exceed $10 million per year and not to exceed cumulative revenue of $100 million, is allocated to the employment and training technology fund (technology fund) in the division of unemployment insurance (division) in the department of labor and employment to fund employment and training automation initiatives established by the director of the division. Any amount of revenues from the assessment that exceeds the $10 million annual cap or the $100 million cumulative revenue cap is allocated to the unemployment compensation fund. Additionally, if the balance in the unemployment compensation fund falls below $100 million, the balance in the technology fund is allocated to the unemployment compensation fund.The act:Eliminates the allocation of the technology fund balance to the unemployment compensation fund when the unemployment compensation fund balance falls below $100 million; Eliminates the $10 million cap on annual allocations to the technology fund and adds a new $7 million annual cap starting July 1, 2023; Adds a cap of $31 million on cumulative revenue to the technology fund until June 30, 2023; Transfers any amounts credited to and remaining in the technology fund between July 1, 2020, and the effective date of the act to the unemployment compensation fund; and Repeals the assessment for the technology fund on June 30, 2031.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
House Third Reading Passed - No Amendments
House Third Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Passed - No Amendments
House Second Reading Laid Over Daily - No Amendments
House Committee on Appropriations Refer Unamended to House Committee of the Whole
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
| Bill Text Versions | Format |
|---|---|
| Signed Act (04/27/2021) | |
| Final Act (04/26/2021) | |
| Rerevised (04/19/2021) | |
| Revised (04/15/2021) | |
| Reengrossed (04/09/2021) | |
| Engrossed (04/08/2021) | |
| Introduced (04/05/2021) | |
| PA1 (04/06/2021) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/12/2021) | |
| Fiscal Note FN1 (04/05/2021) | |
| Fiscal Note FN2 (04/08/2021) | |
| Fiscal Note FN3 (06/14/2021) |
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If you notice any inconsistencies with these official sources, feel free to file an issue.