NC S783

Creates a Joint Legislative Study Committee on Short Term Compensation consisting of 12 voting members (6 House members, 6 Senate members, with at least 2 from minority party each) and 3 nonvoting ex officio members representing employers, employees, and the Department of Commerce Division of Employment Security.

Committee shall study whether implementing short term compensation (STC) in North Carolina would be an effective alternative to layoffs and review STC programs in other states to identify best practices and adaptable statutory models.

Committee shall consider statutory or policy changes necessary to establish STC in North Carolina and examine other related data and matters.

Committee shall report findings and legislative proposals to the 2023 General Assembly and terminate upon filing its report.

Appropriates $50,000 from the General Fund for the 2022-2023 fiscal year to support the Committee's work, effective July 1, 2022.