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ID S1288
Bill
Status
3/22/2016
Primary Sponsor
Commerce and Human Resources Committee
Click for details
AI Summary
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Removes the requirement to transfer training fund balances exceeding $6 million to the employment security reserve fund.
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Revises allowable uses of training fund to emphasize "innovative training solutions to meet industry specific workforce needs or local workforce challenges" instead of "training to upgrade skills of currently employed workers at risk of being permanently laid off."
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Extends the sunset date for the 3% training tax on covered employers from January 1, 2018 to January 1, 2022, contingent on legislature approval.
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Corrects code references and technical language throughout Section 72-1347B, Idaho Code regarding fund administration and director authority.
Legislative Description
Amends existing law to remove language for transferring training funds to the Employment Security Reserve Fund, to revise language describing appropriate uses for the training fund and to extend the sunset provision by four years.
WORKFORCE DEVELOPMENT
Last Action
Signed by Governor on 03/22/16 Session Law Chapter 105 Effective: 07/01/2016
3/22/2016