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AK SB159
Bill
Status
Introduced
4/7/2025
Primary Sponsor
Labor & Commerce
Click for details
AI Summary
- Doubles the employee contribution rate to the State Training and Employment Program (STEP) from 0.1% to 0.2% of wages
- Contributions are collected by the Department of Labor and Workforce Development and remitted to the Department of Revenue
- Amends AS 23.15.630(a) governing STEP funding mechanisms
- New contribution rate applies only to contracts entered into on or after the effective date of the Act
- Introduced April 7, 2025 by the Senate Labor and Commerce Committee and referred to Labor and Commerce and Finance committees
Legislative Description
Training & Employment Prog: Contributions
Employment
Last Action
REFERRED TO FINANCE
5/16/2025
Committee Referrals
Finance5/16/2025
Labor & Commerce4/7/2025
Full Bill Text
No bill text available