SLS 14RS-387 ENGROSSED Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 SENATE BILL NO. 106 BY SENATOR WALSWORTH WORKFORCE COMMISSION. Reauthorizes the Incumbent Worker Training Program. (gov sig) AN ACT1 To amend and reenact R.S. 23:1553(G) and to enact R.S. 23:1514(E), relative to the2 Incumbent Worker Training Program; to extend the termination date of the fund; and3 to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 23:1553(G) is hereby amended and reenacted and R.S. 23:1514(E)6 is hereby enacted to read as follows:7 §1514. Worker training fund; purpose; training programs; eligibility criteria;8 program administration9 * * *10 E. The provisions of this Section are subject to reauthorization as11 provided in R.S. 23:1553(G).12 §1553. Noncharging of benefits; recoupment; social charge account; social charge13 tax rate14 * * *15 G. The Incumbent Worker Training Program reauthorization shall be16 expressly renewed by the legislature prior to July 1, 2014 2018, in order for amounts17 SB NO. 106 SLS 14RS-387 ENGROSSED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. to be charged and credited to the Incumbent Worker Training Account in the1 following calendar year for use in funding the program.2 Section 2. This Act shall become effective upon signature by the governor or, if not3 signed by the governor, upon expiration of the time for bills to become law without signature4 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If5 vetoed by the governor and subsequently approved by the legislature, this Act shall become6 effective on the day following such approval.7 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Carla S. Roberts. DIGEST Walsworth (SB 106) Present law provides for a special fund within the Employment Security Administration Fund (i.e., the fund in which employers deposit their unemployment insurance taxes). Present law provides that moneys from the special fund are to be used only for the purpose of upgrading employee job skills through training. Present law provides that the Incumbent Worker Training Program reauthorization shall be expressly renewed by the legislature prior to July 1, 2014, in order for amounts to be charged and credited to the Incumbent Worker Training Account in the following calendar year for use in funding the program. Proposed law extends the authorization of the Incumbent Worker Training Program from July 1, 2014, to July 1, 2018. Effective upon signature of the governor or lapse of time for gubernatorial action. (Amends R.S. 23:1553(G); adds R.S. 23:1514(E))