SB 328 Summary

• Changes unemployment benefits calculation from a three-month average to a thirteen-week average for determining state "on" indicator status under sections 31-232b(a)(3) and 31-232b(a)(5).

• Modifies Individual Development Account (IDA) program provisions to allow multiple eligible purposes per account holder and extends the five-year timeline for matching fund payout with possible leave of absence extensions up to two years.

• Removes the Advisory Council on Displaced Homemakers requirement while maintaining the state-wide coordinator position and services for displaced homemakers.

• Eliminates wage board system and related provisions by removing sections 31-3kk, 31-22, 31-57a, 31-61, 31-62, 31-64, and 31-65 while retaining minimum wage standards.

• Establishes the Incumbent Worker Training Program with fifty percent cost-sharing requirement from employers and allocates fifty percent of annual funds to companies not receiving funding in the previous three fiscal years.