Louisiana 2014 2014 Regular Session

Louisiana Senate Bill SB106 Comm Sub / Analysis

                    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))