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1998 SESSION

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VIRGINIA ACTS OF ASSEMBLY -- CHAPTER An Act to amend the Code of Virginia by adding in Title 9 a chapter numbered 49, consisting of sections numbered 9-371 through 9-374, establishing the Unemployment Trust Fund Commission. [S 363] Approved

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Title 9 a chapter numbered 49, consisting of sections numbered 9-371 through 9-374, as follows:

CHAPTER 49. UNEMPLOYMENT TRUST FUND COMMISSION.

§ 9-371. Unemployment Trust Fund Commission established; purpose.

The Unemployment Trust Fund Commission is established as a legislative agency of the Commonwealth and is hereafter referred to in this chapter as the "Commission." The purpose of the Commission shall be, through the exercise of its powers and performance of its duties set forth in this chapter, to study, report and make recommendations on issues of unemployment compensation and the Unemployment Trust Fund.

§ 9-372. Membership; terms; vacancies; chairman and vice chairman; compensation.

A. The Commission shall consist of ten members as follows: five members from the House of Delegates to be appointed by the Speaker of the House and five members from the Senate to be appointed by the Senate Committee on Privileges and Elections.

B. All appointments to the Commission shall be for terms of four years. Vacancies occurring other than by expiration of term shall be filled for the unexpired term. Whenever any legislative member fails to retain his membership in the house from which he was appointed, he shall relinquish his membership on the Commission and the authority that appointed such member shall make an appointment from the appropriate house to complete the term. Any member may be reappointed for successive terms.

C. The members of the Commission shall elect a chairman and a vice chairman annually.

D. Legislative members of the Commission shall receive such compensation as is set forth in § 14.1-18 and all members shall be reimbursed for their actual expenses incurred by them in the performance of their duties in the work of the Commission.

§ 9-373. Powers and duties of the Commission.

The Commission shall have the power and duty to:

1. Evaluate the impact of existing statutes and proposed legislation on unemployment compensation and the Unemployment Trust Fund.

2. Assess the Commonwealth's unemployment compensation programs and examine ways to enhance effectiveness.

3. Monitor the current status and long-term projections for the Unemployment Trust Fund.

4. Report annually its findings and recommendations to the Governor and the General Assembly.

§ 9-374. Staff; cooperation from other state agencies.

The Division of Legislative Services shall serve as staff to the Commission. All agencies of the Commonwealth shall assist the Commission upon request.