FL H1339

Creates the Florida Business and Workforce Competitiveness Trust Fund within the State Treasury, administered by the Department of Economic Opportunity, to support business growth and workforce training for changing skill requirements

Requires trust fund moneys to be distributed to local workforce development boards to award incentive grants to employers for hiring unemployment compensation claimants

Funds the trust fund through a quarterly employment and training investment assessment of 0.1% of wages on employers paying unemployment contributions below the 5.4% maximum rate, beginning July 1, 2019

Assessment is not imposed in years when the Unemployment Compensation Trust Fund requires a positive adjustment factor, and administrative costs must be paid from assessment revenues

Trust fund automatically terminates 4 years after the effective date unless terminated sooner, with required review before scheduled termination; effective date is contingent on passage of HB 1337 or similar legislation