Louisiana 2010 2010 Regular Session

Louisiana Senate Bill SB301 Engrossed / Bill

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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 301
BY SENATOR WALSWORTH 
WORKFORCE DEVELOPMENT. Provides relative to the Incumbent Worker Training
Program.  (8/15/10)
AN ACT1
To amend and reenact R.S. 23:1553(B)(6) and (7) and (G), relative to the Incumbent Worker2
Training Program; to provide with respect to the Incumbent Worker Training3
Account; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 23:1553(B)(6) and (7) and (G) are hereby amended and reenacted6
to read as follows: 7
ยง1553. Noncharging of benefits; recoupment; social charge account; social charge8
tax rate9
B.(1) *          *          *10
(6) No amounts shall be credited to the Incumbent Worker Training Account11
as provided under R.S. 23:1514 in any calendar year in which the applied trust fund12
balance is less than one billion seven hundred fifty million dollars.  Furthermore,13
following any year in which monies are appropriated from the Incumbent14
Worker Training Account for use in the state general fund, such appropriated15
amount shall be subtracted from amounts to be charged pursuant to16
Paragraphs (7) and (9) of this Subsection.17 SB NO. 301
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Coding: Words which are struck through are deletions from existing law;
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(7) Amounts not to exceed twenty million dollars to be credited to the1
Incumbent Worker Training Account to fund the Incumbent Worker Training2
Program as provided under R.S. 23:1514 shall be charged to this account only in any3
calendar year in which the applied trust fund balance range as defined in R.S.4
23:1474 is equal to or greater than one billion seven hundred fifty million dollars,5
but less than one billion two hundred fifty million dollars and only in the amount6
necessary to bring the balance of unobligated funds in such subaccount to twenty7
million dollars.8
*          *          *9
G. The Incumbent Worker Training Program reauthorization shall coincide10
with the reauthorization of the department pursuant to R.S. 49:191 et seq. shall be11
expressly renewed by the legislature prior to July 1, 2015, in order for amounts12
credited to the Incumbent Worker Training account to be used to fund the13
program.14
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Mary Dozier O'Brien.
DIGEST
Walsworth (SB 301)
Present law includes no provision regarding assessments in the year after amounts have been
appropriated from the Incumbent Worker Training Account for use in the state general fund.
Proposed law provides that in the assessment year following a year in which amounts were
appropriated from the Incumbent Worker Training Account for use in the state general fund,
assessments shall not include the shortfall taken from the account in the previous year for
use in the general fund.
Proposed law repeals obsolete section.
Effective August 15, 2010.
(Amends R.S. 23:1553(B)(6) and repeals R.S. 23:1553(G)) SB NO. 301
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Summary of Amendments Adopted by the Senate
Committee Amendments Proposed by Senate Committee on Labor and Industrial Relations
to the original bill.
1. Amendments reduce the trigger for providing no funding for the IWTP 	from one
billion dollars to seven hundred fifty thousand dollars.
2. Amendments insert a sunset for the Incumbent Worker Training Program for July 1,
2015, calling for a reauthorization by the legislature prior to that date.