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2000 SESSION
SB 659 Employment Opportunity Expansion Fund; created.
Introduced by: William C. Wampler, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Unemployment compensation; Employment Opportunity Expansion Fund. Creates the Employment Opportunity Expansion Fund to provide or expand employment opportunities for the Commonwealth’s workforce. The Fund may be used for specific purposes related to training and retraining of workers and creation of jobs throughout the Commonwealth. Generally, employers required to pay unemployment insurance taxes are required to pay a contribution to the Fund equal to four percent of each employer’s unemployment insurance tax rate, and a reduction equal to this contribution shall be applied to the employer’s tax rate.
FULL TEXT
HISTORY
- 01/24/00 Senate: Presented & ordered printed 000016556
- 01/24/00 Senate: Referred to Committee on Commerce and Labor
- 02/03/00 Senate: Assigned to C. & L. sub-committee: #1
- 02/14/00 Senate: Left in Commerce and Labor (14-Y 0-N)