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WV SB1053

Bill

Official Source

Status

Enrolled

3/14/2026

Primary Sponsor

Brian Helton

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Creates the Unemployment Automation and Administration Fund to modernize WorkForce West Virginia's unemployment compensation and job search systems
  • Directs 7% of employer unemployment contributions to be deposited into the new fund, beginning July 1, 2026
  • Caps annual deposits at $18 million per fiscal year; excess contributions revert to the Unemployment Compensation Trust Fund
  • Suspends deposits to the new fund if the Unemployment Compensation Trust Fund balance falls below $300 million, until that fund maintains $300 million for two consecutive quarters
  • Authorizes the WorkForce West Virginia Commissioner to spend fund money on system modernization, job search platform upgrades, administrative costs, staff training, and workforce development initiatives

Legislative Description

Authorizing Unemployment Automation and Administration Fund to modernize and enhance WorkForce West Virginia

Economic Development

Last Action

Completed legislative action

3/14/2026

Committee Referrals

Finance3/5/2026
Finance2/23/2026
Workforce2/21/2026

Full Bill Text

No bill text available