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1 | 1 | By: J. Davis of Harris (Senate Sponsor - Hancock) H.B. No. 939 | |
2 | 2 | (In the Senate - Received from the House May 2, 2013; | |
3 | 3 | May 3, 2013, read first time and referred to Committee on Economic | |
4 | 4 | Development; May 9, 2013, reported favorably by the following | |
5 | 5 | vote: Yeas 5, Nays 0; May 9, 2013, sent to printer.) | |
6 | 6 | ||
7 | 7 | ||
8 | 8 | A BILL TO BE ENTITLED | |
9 | 9 | AN ACT | |
10 | 10 | relating to the transfer of certain amounts from the employment and | |
11 | 11 | training investment holding fund and the training stabilization | |
12 | 12 | fund. | |
13 | 13 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
14 | 14 | SECTION 1. TRANSFER. On the effective date of this Act: | |
15 | 15 | (1) 15 percent of the amount in the employment and | |
16 | 16 | training investment holding fund under Section 204.122, Labor Code, | |
17 | 17 | and 15 percent of the amount in the training stabilization fund | |
18 | 18 | under Section 302.101, Labor Code, shall be transferred to the | |
19 | 19 | Texas Workforce Commission to be used for one-time expenses related | |
20 | 20 | to workforce development or the administration of Subtitle A, Title | |
21 | 21 | 4, Labor Code; and | |
22 | 22 | (2) the Texas Workforce Commission shall transfer 15 | |
23 | 23 | percent of the total amount received by the commission under | |
24 | 24 | Subdivision (1) of this section to the Texas Veterans Commission to | |
25 | 25 | be used to fund employment programs for veterans. | |
26 | 26 | SECTION 2. EFFECTIVE DATE. This Act takes effect September | |
27 | 27 | 1, 2013. | |
28 | 28 | * * * * * |